The new rules are an improvement, but proper implementation is vital, writes Murray Hunter and Cherese Thakur.
Partly cloudy. Mild.
On Wednesday alone, four JSE-listed firms withdrew their earnings guidance for 2020 and promises of dividends to shareholders. Shouldn’t companies also re-look at executive remuneration and directors’ fees so that the pain of the crisis is not only borne by shareholders?
Viceroy Research, is profiting unethically from its reports and has escaped sanctions from local regulators because it is domiciled elsewhere, said Reserve Bank Governor Lesetja Kganyago.
The property investment and development group has been cleared by the Financial Sector Conduct Authority of false reporting in its 2017 financial statements.
NEPI Rockcastle shares slumped the most in almost 10 months in Johannesburg after short sellers Viceroy Research accused the Johannesburg and Amsterdam-listed real estate fund of overstating its profits from Romania.
Western CapePlacement Point (Pty) Ltd
Cape TownMass Staffing ProjectsR400 000.00 - R600 000.00 Per Year
Cape TownTumaini ConsultingR720 000.00 - R960 000.00 Per Year
R 3 300 000
R 4 800 000
R 6 950 000
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