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Future Media News - English, 16 Sep MTC Listing, what you need to know · Namibia Future Media

Future Media News - English, 16 Sep MTC Listing, what you need to know - With Namibia s largest telecommunications company set to list on the Namibia Stock Exchange by the end of November, and the prospectus opening on Monday 20 September, we spoke to Shaun Lahner, an equity analyst at Simonis Storm Securities to find out more about buying shares in a company and how to go about it. ....

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ANGLO AMERICAN PLC – Anglo American's 2020 tax and economic contribution amounts to more than $25 billion - SENS


Anglo American has published its seventh annual Tax and Economic Contribution Report, with a
detailed breakdown of the company’s contributions across all its major operating jurisdictions,
amounting to more than $25 billion in 2020.
Mark Cutifani, Chief Executive of Anglo American, said: ‘Our annual Tax and Economic
Contribution Report helps our stakeholders more fully understand the breadth of our role in
society. The enduring positive impact of a business can only be properly assessed when you
consider the total footprint of its contributions. It is with this transparency that we seek to build
trust as a corporate leader in our industry – a key pillar of our Sustainable Mining Plan. ....

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Change of guard at Standard Bank Namibia


Change of guard at Standard Bank Namibia
2021-05-03 
Staff Reporter
Standard Bank has confirmed that Vetumbuavi Mungunda has stepped down as chief executive, and has left the Standard Bank Group effective 30 April 2021 in accordance with the advance notice published in August 2020.
This has allowed for a smooth transition process that resulted in the selection of Mercia Geises as the incoming chief executive, effective 1 May 2021. 
Herbi Maier, chairman of the board, said “Vetumbuavi has been the chief executive for the last seven years, and has provided outstanding leadership, strategic direction and a clear vision for the bank during a very difficult and challenging time which included, among others, a difficult economic environment, the Covid-19 pandemic and the implementation of the bank’s new core banking system.”  ....

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JUST IN: Govt extends suspension of fungibility of Old Mutual and PPC shares


JUST IN: Govt extends suspension of fungibility of Old Mutual and PPC shares
Enacy Mapakame Business Reporter
Finance and Economic Development Minister Professor Mthuli Ncube, has extended the suspension of financial services giant Old Mutual and cement maker PPC’s fungibility by another 12 months.
In a notice in the Government Gazette last Friday, Minister Ncube indicated that Government was still considering the implications of an audit report.
The initial suspension was implemented last year on allegations that fingible stocks had become vehicles for repatriating investments out of the country, at a time foreign currency has been scarce and therefore fuelling currency distortions and spike in exchange rate. ....

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