The Broad-Based Black Economic Empowerment (B-BBEE) Commission has raised issues related to Sasol’s new Khanyisa empowerment scheme, Sasol company secretary Vuyo Kahla said on Friday.
The commission raised questions about the structure of Sasol Khanyisa’s employee share ownership programme as well as whether the Sasol Foundation was an appropriate vehicle for getting ownership credits, he added.
It’s official. The Johannesburg Stock Exchange (JSE) is no longer the only game in town.
ZAR X announced on Wednesday that the Financial Services Board has granted it a stock exchange licence that enables the company to operate as such, providing a cheaper alternative to investors and companies looking to raise capital.
ZAR X CEO Etienne Nel, says it is a momentous occasion for the inclusion of lower-income individuals who otherwise have limited opportunities to participate in South Africa’s equities investment landscape.