Kaya 959 Kaya Biz

What it means when a company unbundles its shareholding in a business?

Loading player...
Remember in April PSG Group confirmed that its board “is in the process of investigating, and is seriously considering, the potential unbundling of some or all of its shareholding in Capitec Bank Holdings”. This followed a week of speculation following its initial unspecific cautionary announcement published following its results announcement last week. In some quarters, this was greeted as confirmation of the “worst-kept secret” on the JSE.

Shareholders and analysts were speculating that the investment holding company may look to delist one or more of its businesses. Let’s revisit this story
15 Jun 2020 12PM English South Africa Business News · Investing

Other recent episodes

Shadrack Sibiya Denies Grooming 16-Year-Old

Kaya News Reporter Keneiloe Huma joins Phemelo to unpack the latest developments in suspended, Deputy National Police Commissioner Lieutenant General Shadrack Sibiya’s bail application, including the allegations of rape, sexual grooming and human trafficking, which he denies.
29 Sep 3PM 9 min

From Spain to South Africa: Vukile's Next Growth Phase

Retail-focused property group Vukile Property Fund reported strong trading across its South African and European portfolios, supported by healthy sales growth, high occupancy levels and resilient leasing activity. CEO Laurence Rapp joins us to talk about expanding in Europe, integrating newly acquired Spanish and Italian assets, navigating currency headwinds and…
29 Sep 11AM 14 min

Beyond Tap-and-Go: The Future of Payments in South Africa

South Africa's payments landscape is undergoing significant reform, with regulators and industry players seeking to expand access, increase competition and lower transaction costs. Lincoln Mali, in his capacity as President of the Association of South African Payment Providers, talks about digital payments, merchant adoption, financial inclusion and what a more…
29 Sep 1PM 14 min

Beyond the Unemployment Rate - Reading the Economy Through Jobs

South Africa's latest Quarterly Employment Statistics showed the formal sector shed 14,000 jobs in the second quarter, even as wages continued to rise. Nkosinathi Mahlangu from the Momentum Group Foundation unpacks what the latest employment data reveals about economic activity, shifting industry trends, entrepreneurship opportunities and the outlook for young…
29 Sep 1PM 16 min

From Farm to Fork: The Real Cost of Higher Rates

The Reserve Bank's latest interest rate increase could have implications far beyond the financial markets. Brendan Jacobs, Head of Agribusiness at Standard Bank South Africa, explores what rising borrowing costs, volatile energy prices and looming weather risks mean for farmers, food production and ultimately the prices South Africans pay at…
28 Sep 1PM 13 min
All episodes