Canal+, the global media and entertainment group that took control of MultiChoice last year, has confirmed it will conduct a secondary listing on the JSE on 3 June, becoming the first French company to do so. The inward listing remains subject to final approval from the bourse, which the company said is “expected to be…
Charge chairman Joubert Roux Off-grid EV charging infrastructure company Charge (formerly Zero Carbon Charge) is planning a public investment offering in the coming months, bypassing the JSE in favour of a token-based exchange called Mesh. Joubert Roux, the company’s founder, revealed the plans in an interview with TechCentral on Wednesday and said Charge is currently…
Salvador Anglada, Optasia CEO. Artificial intelligence (AI)-led fintech Optasia has reported strong financial results for 2025, delivering revenue growth of 76% in its first full year after listing and exceeding guidance provided during its initial public offering (IPO). Optasia listed on the JSE in November last year, raising about R6.5 billion through its IPO and…
The Johannesburg Stock Exchange listed three new exchange-traded funds, giving South African investors broader access to global equities, multi-asset strategies, and international property markets, per African Markets report. The listings include two actively managed ETFs from Allan Gray in partnership with Orbis, and a global property feeder ETF from Satrix. All three products are rand-denominated…
Cell C CEO Jorge Mendes addresses the audience at the JSE as the telco lists. (Photograph by Nicola Mawson) As Cell C listed on the JSE this morning, almost 4 000 shares traded within minutes of the market opening, with the stock debuting at R27 – a 50c per share improvement on the final pre-listing…
Cell C listed on the JSE on Thursday, completing a multi-year turnaround that not only reshaped the business but rescued it from the jaws of business collapse. The shares began trading on Thursday under the code “CCD”, priced at R26.50, giving the operator a market capitalisation of roughly R9-billion. The shares opened at R27 apiece….
Cell C CEO Jorges Mendes unveiling the company’s new brand identity at a recent event in Johannesburg Cell C has confirmed the final pricing and outcome of its long-awaited JSE listing, marking a major milestone in the operator’s recapitalisation and restructuring efforts. The offer, which closed on 21 November, was priced at R26.50/share, raising R2.7-billion…
Cell C has significantly cut the offer price for its upcoming listing on the Johannesburg Stock Exchange (JSE), reducing its expected market capitalization by hundreds of millions of Rands. Read: Discovery Bank partners with Luno in SA for crypto trading In an update to investors on Friday, Blu Label Unlimited Group, Cell C’s largest shareholder,…
Sir Keir Starmer, prime minister of the UK. (Image supplied by the British High Commission, Pretoria) The UK has partnered with the JSE and Telkom to accelerate the growth of South Africa’s tech ventures. The UK government made the announcement today after prime minister Sir Keir Starmer arrived in Johannesburg this morning ahead of the…
Cell C is heading to the public market with a proposed JSE listing that pegs the offer price between R29.50 and R35.50/share – a range that implies a post-listing market capitalisation of between R9.5-billion to R12.1-billion, depending on the final share count and whether an over-allotment is exercised. The transaction is a secondary sale by…
