Economy of South Africa

MiX Telematics Awarded Major Contract in the US & Canada

Retrieved on: 
Thursday, January 30, 2020

Since 1862, NOV has pioneered innovations that improve the cost-effectiveness, efficiency, safety, and environmental impact of oil and gas operations.

Key Points: 
  • Since 1862, NOV has pioneered innovations that improve the cost-effectiveness, efficiency, safety, and environmental impact of oil and gas operations.
  • MiX's premium fleet solution will be implemented in NOV's entire light-duty fleet throughout the US and Canada.
  • 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).

MiX Telematics Awarded Major Contract in the US & Canada

Retrieved on: 
Thursday, January 30, 2020

Since 1862, NOV has pioneered innovations that improve the cost-effectiveness, efficiency, safety, and environmental impact of oil and gas operations.

Key Points: 
  • Since 1862, NOV has pioneered innovations that improve the cost-effectiveness, efficiency, safety, and environmental impact of oil and gas operations.
  • MiX's premium fleet solution will be implemented in NOV's entire light-duty fleet throughout the US and Canada.
  • 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).

Net1 to sell KSNET for $237 million

Retrieved on: 
Monday, January 27, 2020

JOHANNESBURG, South Africa, Jan. 27, 2020 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS, JSE: NT1) (Net1 or the Company) today announced that it has agreed to sell 100% of KSNET, Inc. (KSNET), a leading Republic of Korea (South Korea) payment processor, to Stonebridge Capital and Payletter for approximately $237 million.

Key Points: 
  • JOHANNESBURG, South Africa, Jan. 27, 2020 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS, JSE: NT1) (Net1 or the Company) today announced that it has agreed to sell 100% of KSNET, Inc. (KSNET), a leading Republic of Korea (South Korea) payment processor, to Stonebridge Capital and Payletter for approximately $237 million.
  • KSNET is a profitable and cash generative business, but operates autonomously and in a more developed economy with limited overlap with the groups other activities.
  • We also believe that the intrinsic value of KSNET was not appropriately reflected in Net1s overall valuation.
  • Net1 has a primary listing on NASDAQ (NasdaqGS: UEPS) and a secondary listing on the Johannesburg Stock Exchange (JSE: NT1).

MiX Telematics Announces Date of Third Quarter Fiscal 2020 Conference Call and Webcast

Retrieved on: 
Thursday, January 16, 2020

MiX Telematics management will also host a conference call and audio webcast at 8:00 a.m. (Eastern Daylight Time) and 3:00 p.m. (South African Time) on January 30, 2020 to discuss the Company's financial results and current business outlook.

Key Points: 
  • MiX Telematics management will also host a conference call and audio webcast at 8:00 a.m. (Eastern Daylight Time) and 3:00 p.m. (South African Time) on January 30, 2020 to discuss the Company's financial results and current business outlook.
  • The live webcast of the call will be available at the Investor Information page of the Companys website, http://investor.mixtelematics.com .
  • MiX Telematics is a leading global provider of fleet and mobile asset management solutions delivered as SaaS to more than 789,000 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).For more information visit www.mixtelematics.com .

Net1 to Host Conference Call to Review Second Quarter 2020 Results

Retrieved on: 
Wednesday, January 15, 2020

JOHANNESBURG, South Africa, Jan. 15, 2020 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS ; JSE: NT1) (Net1) today announced it will release second quarter 2020 results after the market close on February 6, 2020.

Key Points: 
  • JOHANNESBURG, South Africa, Jan. 15, 2020 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS ; JSE: NT1) (Net1) today announced it will release second quarter 2020 results after the market close on February 6, 2020.
  • Net1 management will host a conference call to review these results on February 7, 2020, at 8:00 a.m. Eastern Time.
  • A webcast of the call will be available for replay on the Net1 website through March 1, 2020.
  • Net1 has a primary listing on NASDAQ (NasdaqGS: UEPS) and a secondary listing on the Johannesburg Stock Exchange (JSE: NT1).

Bus Éireann Extends Their Contract With MiX Telematics

Retrieved on: 
Thursday, December 12, 2019

BIRMINGHAM, England, Dec. 12, 2019 /PRNewswire/ -- MiX Telematics (JSE: MIX) (NYSE: MIXT) a leading global provider of fleet and mobile asset management solutions, has announced that reputable bus and coach operator Bus ireann will be expanding on their current contract with MiX Telematics following the initial deployment which yielded successful results for the transport company.

Key Points: 
  • BIRMINGHAM, England, Dec. 12, 2019 /PRNewswire/ -- MiX Telematics (JSE: MIX) (NYSE: MIXT) a leading global provider of fleet and mobile asset management solutions, has announced that reputable bus and coach operator Bus ireann will be expanding on their current contract with MiX Telematics following the initial deployment which yielded successful results for the transport company.
  • The announcement further entrenches Bus ireann's trust inMiX Telematics' products that developed from an initial roll out of 318 Bus ireann vehicles fitted with the telematics' solutions.
  • We look forward to working with MiX Telematics to delivering on our goals," says Allen Parker, Chief Customer Officer, Bus ireann.
  • MiX Telematics shares are publicly traded on the Johannesburg Stock Exchange
    (JSE: MIX) and on the New York Stock Exchange (NYSE: MIXT).

Bus Éireann Extends Their Contract With MiX Telematics

Retrieved on: 
Thursday, December 12, 2019

BIRMINGHAM, England, Dec. 12, 2019 /PRNewswire/ -- MiX Telematics (JSE: MIX) (NYSE: MIXT) a leading global provider of fleet and mobile asset management solutions, has announced that reputable bus and coach operator Bus ireann will be expanding on their current contract with MiX Telematics following the initial deployment which yielded successful results for the transport company.

Key Points: 
  • BIRMINGHAM, England, Dec. 12, 2019 /PRNewswire/ -- MiX Telematics (JSE: MIX) (NYSE: MIXT) a leading global provider of fleet and mobile asset management solutions, has announced that reputable bus and coach operator Bus ireann will be expanding on their current contract with MiX Telematics following the initial deployment which yielded successful results for the transport company.
  • The announcement further entrenches Bus ireann's trust inMiX Telematics' products that developed from an initial roll out of 318 Bus ireann vehicles fitted with the telematics' solutions.
  • We look forward to working with MiX Telematics to delivering on our goals," says Allen Parker, Chief Customer Officer, Bus ireann.
  • MiX Telematics shares are publicly traded on the Johannesburg Stock Exchange
    (JSE: MIX) and on the New York Stock Exchange (NYSE: MIXT).

MiX Telematics to Present at the Raymond James Technology Investors Conference

Retrieved on: 
Monday, December 2, 2019

MiX Telematics Limited (NYSE: MIXT and JSE: MIX), a leading global provider of fleet and mobile asset management solutions delivered as Software-as-a-Service (SaaS), announced that its Chief Executive Officer, Stefan Joselowitz, and Chief Financial Officer, John Granara will present at the Raymond James Technology Investors Conference in New York.

Key Points: 
  • MiX Telematics Limited (NYSE: MIXT and JSE: MIX), a leading global provider of fleet and mobile asset management solutions delivered as Software-as-a-Service (SaaS), announced that its Chief Executive Officer, Stefan Joselowitz, and Chief Financial Officer, John Granara will present at the Raymond James Technology Investors Conference in New York.
  • MiX Telematics presentation is scheduled for Wednesday, December 11, 2019 at 9:00 a.m. Eastern Time (4:00 p.m. South Africa Time) and will be webcast live.
  • An archive of the presentation will be available for a limited time on the Investors page of the Companys website ( www.mixtelematics.com ).
  • MiX Telematics shares are publicly traded on the Johannesburg Stock Exchange (JSE: MIX) and on the New York Stock Exchange (NYSE: MIXT).

Trading Statement for the Financial Half Year Ending 31 December 2019 and Update on Balance Sheet Management

Retrieved on: 
Monday, November 25, 2019

Our results for the six months ending 31 December 2019 may be further affected by adjustments resulting from our half year-end closure process.

Key Points: 
  • Our results for the six months ending 31 December 2019 may be further affected by adjustments resulting from our half year-end closure process.
  • This trading statement only deals with the comparison to the prior period.
  • The financial information on which this trading statement is based has not been reviewed and reported on by the Company's external auditors.
  • Sasol's results for the financial half year ending 31December 2019 will be announced on Monday, 24 February 2020.

Group Ten Closes Oversubscribed Private Placement Financings, Including Investments by Sprott Asset Management and GoldSpot Discoveries

Retrieved on: 
Thursday, November 21, 2019

President and CEO Michael Rowley stated, We are very pleased with the level of interest in Group Ten from both existing and new investors, as reflected in the oversubscribed placements.

Key Points: 
  • President and CEO Michael Rowley stated, We are very pleased with the level of interest in Group Ten from both existing and new investors, as reflected in the oversubscribed placements.
  • We welcome the new investment by Sprott Asset Management, a prominent mining industry fund, and GoldSpot Discoveries, a new mining-focused technology company that is working with some of the leading exploration and mining names in the industry.
  • The hold period on Units issued of the private placement expires March 20, 2020.
  • The Companys core asset is the Stillwater West PGE-Ni-Cu project adjacent to Sibanye-Stillwaters high-grade PGE mines in Montana, USA.