Economy of South Africa

MiX Telematics To Host April 16 Webinar with Transport Topics: Adverse conditions: Is your fleet ready?

Retrieved on: 
Tuesday, April 14, 2020

BOCA RATON, Fla., April 14, 2020 (GLOBE NEWSWIRE) -- MiX Telematics (NYSE: MIXT; JSE: MIX), a leading global provider of fleet and asset management solutions, has announced that it will present a webinar titled, Adverse conditions: Is your fleet ready?

Key Points: 
  • BOCA RATON, Fla., April 14, 2020 (GLOBE NEWSWIRE) -- MiX Telematics (NYSE: MIXT; JSE: MIX), a leading global provider of fleet and asset management solutions, has announced that it will present a webinar titled, Adverse conditions: Is your fleet ready?
  • Studies have shown that 21 percent of all motor vehicle crashes in the U.S. are weather-related.
  • MiX Telematics is a leading global provider of fleet and mobile asset management solutions delivered as SaaS to 812,000 subscribers in over 120 countries.
  • MiX Telematics shares are publicly traded on the Johannesburg Stock Exchange (JSE: MIX) and on the New York Stock Exchange (NYSE: MIXT).

SHAREHOLDER ALERT:  Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Sasol Limited of Class Action Lawsuit and Upcoming Deadline – SSL

Retrieved on: 
Wednesday, April 1, 2020

NEW YORK, April 01, 2020 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Sasol Limited (Sasol or the Company) (NYSE: SSL) and certain of its officers.

Key Points: 
  • NEW YORK, April 01, 2020 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Sasol Limited (Sasol or the Company) (NYSE: SSL) and certain of its officers.
  • If you are a shareholder who purchased Sasol securities during the class period, you have until April 6, 2020 to ask the Court to appoint you as Lead Plaintiff for the class.
  • To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.

Espressive Raises $30 Million Series B to Cement Leadership in AI for Enterprise Service Management as Demand for Intelligent Automation Heats Up

Retrieved on: 
Wednesday, March 25, 2020

Espressive Barista, the company's virtual support agent (VSA), automates help desks by connecting employees to the information they need.

Key Points: 
  • Espressive Barista, the company's virtual support agent (VSA), automates help desks by connecting employees to the information they need.
  • "1 With Barista, Espressive provides businesses with an AI-based ESM solution that benefits both enterprise employees and help desk agents.
  • "Adoption of AI for IT service management (ITSM) and ESM is exploding and Espressive's advanced automation capabilities stand to significantly disrupt this evolving market.
  • Espressive, the pioneer in artificial intelligence (AI) for enterprise service management and a 2019 Gartner Cool Vendor, redefines how employees get help by delivering exceptional employee experiences.

Gold Fields' Operations - Update On Covid-19 Impact

Retrieved on: 
Tuesday, March 24, 2020

JOHANNESBURG, South Africa, March 24, 2020 /PRNewswire/ -- Gold Fields Limited (Gold Fields) (JSE: GFI) (NYSE: GFI) fully supports the measures and policies to curb the Covid-19 pandemic implemented by the countries in which we operate.

Key Points: 
  • JOHANNESBURG, South Africa, March 24, 2020 /PRNewswire/ -- Gold Fields Limited (Gold Fields) (JSE: GFI) (NYSE: GFI) fully supports the measures and policies to curb the Covid-19 pandemic implemented by the countries in which we operate.
  • Gold Fields is fully committed to first and foremost protecting the health and safety of our people and communities, and supports all governments' efforts to contain the spread of the virus," says Gold Fields CEO Nick Holland.
  • It has attributable gold Mineral Reserves of around 48.1Moz and gold Mineral Resources of around 96.6Moz.
  • Gold Fields has a primary listing on the Johannesburg Stock Exchange (JSE) Limited, with a secondary listing on the New York Stock Exchange (NYSE).

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Sasol Limited (SSL)

Retrieved on: 
Tuesday, March 24, 2020

On June 6, 2016, Sasol reported that the expected total capital expenditure for the [LCCP] could increase up to US $11 billion, including site infrastructure and utility improvements.

Key Points: 
  • On June 6, 2016, Sasol reported that the expected total capital expenditure for the [LCCP] could increase up to US $11 billion, including site infrastructure and utility improvements.
  • If you purchased or otherwise acquired Sasol securities during the Class Period, you may move the Court no later thanApril 6, 2020 to request appointment as lead plaintiff in this putative class action lawsuit.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • The Law Offices of Frank R. Cruz, Los Angeles

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Sasol Limited (SSL)

Retrieved on: 
Thursday, March 12, 2020

The Law Offices of Frank R. Cruz reminds investors of the upcoming April 6, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Sasol Limited (Sasol or the Company) (NYSE: SSL ) securities between March 10, 2015 and January 13, 2020 inclusive (the Class Period).

Key Points: 
  • The Law Offices of Frank R. Cruz reminds investors of the upcoming April 6, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Sasol Limited (Sasol or the Company) (NYSE: SSL ) securities between March 10, 2015 and January 13, 2020 inclusive (the Class Period).
  • On June 6, 2016, Sasol reported that the expected total capital expenditure for the [LCCP] could increase up to US $11 billion, including site infrastructure and utility improvements.
  • If you purchased or otherwise acquired Sasol securities during the Class Period, you may move the Court no later than April 6, 2020 to request appointment as lead plaintiff in this putative class action lawsuit.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Sasol Limited of Class Action Lawsuit and Upcoming Deadline – SSL

Retrieved on: 
Monday, March 9, 2020

NEW YORK, March 09, 2020 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Sasol Limited (Sasol or the Company) (NYSE: SSL) and certain of its officers.

Key Points: 
  • NEW YORK, March 09, 2020 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Sasol Limited (Sasol or the Company) (NYSE: SSL) and certain of its officers.
  • If you are a shareholder who purchased Sasol securities during the class period, you have until April 6, 2020 to ask the Court to appoint you as Lead Plaintiff for the class.
  • To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.

Net1 completes sale of KSNET for $237 million

Retrieved on: 
Monday, March 9, 2020

JOHANNESBURG, South Africa, March 09, 2020 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS, JSE: NT1) (Net1 or the Company) today announced that it has completed the sale of KSNET, Inc. (KSNET) to Stonebridge Capital and Payletter for approximately $237 million.

Key Points: 
  • JOHANNESBURG, South Africa, March 09, 2020 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS, JSE: NT1) (Net1 or the Company) today announced that it has completed the sale of KSNET, Inc. (KSNET) to Stonebridge Capital and Payletter for approximately $237 million.
  • We thank the KSNET team for its integral contributions to the group over the past decade, said Herman Kotz, CEO of Net1.
  • The sale of KSNET allows us to focus on our core strategy, boost liquidity, and maximize shareholder returns.
  • Net1 has a primary listing on NASDAQ (NasdaqGS: UEPS) and a secondary listing on the Johannesburg Stock Exchange (JSE: NT1).

Net1 appoints Co-Chief Information Officers

Retrieved on: 
Monday, March 9, 2020

JOHANNESBURG, South Africa, March 09, 2020 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS, JSE: NT1) (Net1 or the Company) today announced the appointment of Yasvanth Singh and Keith Kourie as Chief Information Officers of the group.

Key Points: 
  • JOHANNESBURG, South Africa, March 09, 2020 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS, JSE: NT1) (Net1 or the Company) today announced the appointment of Yasvanth Singh and Keith Kourie as Chief Information Officers of the group.
  • We are delighted to announce the promotion of two outstanding technologists who have a deep understanding of Net1 and its technologies as well as intricate knowledge of their respective key markets, said Herman Kotze, CEO of Net1.
  • Net1 has a primary listing on NASDAQ (NasdaqGS: UEPS) and a secondary listing on the Johannesburg Stock Exchange (JSE: NT1).
  • Visit www.net1.com for additional information about Net1.

SOL: Sasol Limited: Grant of Conditional Share Awards to Directors and Prescribed Officers of Sasol, and Directors of Major Subsidiaries of Sasol

Retrieved on: 
Thursday, March 5, 2020

Shareholder approval of the Sasol Long-Term Incentive Plan ("the Plan" and/or "LTI", as appropriate) was obtained at the 2016 Annual General Meeting.

Key Points: 
  • Shareholder approval of the Sasol Long-Term Incentive Plan ("the Plan" and/or "LTI", as appropriate) was obtained at the 2016 Annual General Meeting.
  • The standard timing for the annual Conditional Share Awards is to be made to eligible participants at the beginning of the new financial year.
  • In compliance with paragraphs 3.63 to 3.66 of the JSE Listings Requirements, Sasol hereby announces that directors of Sasol, prescribed officers and directors of major subsidiaries of Sasol, have been granted Conditional Share Awards in terms of the Plan.
  • The Board, or the Sasol Remuneration Committee, as appropriate, approved the Conditional Share Awards made on 4 March 2020.