African markets and business updates
Latest headlines from African markets, companies, and business sources.
Renewal of Cautionary Announcement
Renewal of Cautionary Announcement
Oryx Properties Limited (Incorporated in the Republic of Namibia) (Registration number 2001/673) Share Code: ORY ISIN Code: NA0001574913 “Oryx” or “The Company” RENEWAL OF CAUTIONARY ANNOUNCEMENT Unitholders are referred to the cautionary announcement dated 3 July 2026, and its renewal dated 14 August 2026. In those announcements, unitholders were advised that, […] Oryx Properties Limited (Incorporated in the Republic of Namibia) (Registration number 2001/673) Share Code: ORY ISIN Code: NA0001574913 “Oryx” or “The Company” RENEWAL OF CAUTIONARY ANNOUNCEMENT Unitholders are referred to the cautionary announcement dated 3 July 2026, and its renewal dated 14 August 2026.…
Dealing in the Company’s Securities – Vesting and Transfer of Linked Units
Dealing in the Company’s Securities – Vesting and Transfer of Linked Units
Oryx Properties Limited (Incorporated in the Republic of Namibia) (Registration number 2001/673) Share Code: ORY ISIN Code: NA0001574913 “Oryx” or “The Company” DEALING IN THE COMPANY’S SECURITIES – VESTING AND TRANSFER OF LINKED UNITS Notice is hereby given, in terms of paragraphs 3.63 […] Oryx Properties Limited (Incorporated in the Republic of Namibia) (Registration number 2001/673) Share Code: ORY ISIN Code: NA0001574913 “Oryx” or “The Company” DEALING IN THE COMPANY’S SECURITIES – VESTING AND TRANSFER OF LINKED UNITS Notice is hereby given, in terms of paragraphs 3.63 and 3.65 of the Listings Requirements of the Namibia Securities Exchange, of the following transactions in respect of the vesting of the Company’s linked units in executive directors’ names under the Company’s Long Term Share Incentive Scheme: Name of director : Ben Jooste Designation : Executive Director of Oryx Properties Limited Nature of transaction : Vesting of Linked Units in terms of the Oryx Long Term Share Incentive Scheme Nature and extent of Interest : Indirect beneficial, held through Grace Spartan Investments (Pty) Ltd Vesting price per linked unit : N$ 13.63 Award price per linked unit : N$ 11.00 Vesting date : 1 July 2026 Allocation date : 30 June 2023 Number of linked units vesting : 78,358 Market value of vested linked units : N$ 1,068,019.54 Market value of vested interest accumulated on linked units : N$ 211,174.81 Class of securities : Linked Units Name of director : Francis Heunis Designation : Executive Director of Oryx Properties Limited Nature of transaction : Vesting of Linked Units in terms of the Oryx Long Term Share Incentive Scheme Nature and extent of Interest : Indirect beneficial, held through Grace Spartan Investments (Pty) Ltd Vesting price per linked unit : N$ 13.63 Award price per linked unit : N$ 11.00 Vesting date : 1 July 2026 Allocation date : 30 June 2023 Number of linked units vesting : 44,124 Market value of vested linked units : N$ 601,410.12 Market value of vested interest accumulated on linked units : N$ 118,914.18 Class of securities : Linked Units Page 2 Transfer of the vested linked units Unitholders are advised that the 122,482 linked units which vested on 1 July 2026 in the names of Ben Jooste (78,358 linked units) and Francis Heunis (44,124 linked units), as set out above, will be transferred to and registered in the name of Grace Spartan Investments (Pty) Ltd.…
Presco, Okomu rank among NGX’s top compounders after 62x and 42x returns
Presco, Okomu rank among NGX’s top compounders after 62x and 42x returns
If you invested N1 million each in Presco Plc and Okomu Oil Palm Plc a little over ten years ago, those investments would be worth approximately N61.98 million and N42.12 million, respectively, today.
Morocco election: PAM tops vote as turnout falls and Islamist PJD rebounds
Morocco election: PAM tops vote as turnout falls and Islamist PJD rebounds
But with turnout falling to its lowest level in years, the new administration will also face the challenge of rebuilding political engagement and responding to voters' concerns over jobs, public services and living costs.
Austria: Yodelling tradition goes underground in Graz
Austria: Yodelling tradition goes underground in Graz
Austria's yodellers are using a Graz underground car park for its rich acoustics, bringing an Alpine tradition to an unusual urban setting.
Larry Yon: Why Africa’s tech ecosystem should be building the next NVIDIA
Larry Yon: Why Africa’s tech ecosystem should be building the next NVIDIA
From a failed venture in South Africa to co-founding an AI cybersecurity powerhouse, CyberAlliance president Larry Yon II sits down with PHATHISANI MOYO for Coffee With… to explain why digital trust and diaspora capital are key to unlocking Africa’s true tech potential. The first time Larry Yon II flew out of South Africa, he sat […] From a failed venture in South Africa to co-founding an AI cybersecurity powerhouse, CyberAlliance president Larry Yon II sits down with PHATHISANI MOYO for Coffee With… to explain why digital trust and diaspora capital are key to unlocking Africa’s true tech potential.…
CSOs demand disclosure of JBS $2.5bn Nigeria deal, warn of livestock expansion risks
CSOs demand disclosure of JBS $2.5bn Nigeria deal, warn of livestock expansion risks
The coalition questioned the absence of meaningful consultation with communities that could host the proposed facilities.
AI borrowing pushes long-term bond yields to 15-year highs
AI borrowing pushes long-term bond yields to 15-year highs
Long-term bond yields have risen to their highest levels in 15 years or more across most major advanced economies, with heavy borrowing by artificial intelligence companies emerging as one of the factors putting upward pressure on borrowing costs.
Corporate Governance Statement and Appendix 4G
Corporate Governance Statement and Appendix 4G
BANNERMAN ENERGY LTD Incorporated in Australia (Registration number: 34 113 017 128) ISIN: AU000000BMN9 ASX Share Code: BMN NSX Share Code: BMN CORPORATE GOVERNANCE STATEMENT AND APPENDIX 4G Bannerman Energy Ltd (ASX:BMN, OTCQX:BNNLF, NSX:BMN) (Bannerman or the Company) advises that on 23 September 2026 and in accordance with the […] BANNERMAN ENERGY LTD Incorporated in Australia (Registration number: 34 113 017 128) ISIN: AU000000BMN9 ASX Share Code: BMN NSX Share Code: BMN CORPORATE GOVERNANCE STATEMENT AND APPENDIX 4G Bannerman Energy Ltd (ASX:BMN, OTCQX:BNNLF, NSX:BMN) (Bannerman or the Company) advises that on 23 September 2026 and in accordance with the ASX Listing Rules, it has released: 1.…
Revised Securities Trading Policy
Revised Securities Trading Policy
BANNERMAN ENERGY LTD Incorporated in Australia (Registration number: 34 113 017 128) ISIN: AU000000BMN9 ASX Share Code: BMN NSX Share Code: BMN REVISED SECURITIES TRADING POLICY Bannerman Energy Ltd (ASX:BMN, OTCQX:BNNLF, NSX:BMN) (Bannerman or the Company) advises that it has amended its Securities Trading Policy (Policy) with effect from 23 September […] BANNERMAN ENERGY LTD Incorporated in Australia (Registration number: 34 113 017 128) ISIN: AU000000BMN9 ASX Share Code: BMN NSX Share Code: BMN REVISED SECURITIES TRADING POLICY Bannerman Energy Ltd (ASX:BMN, OTCQX:BNNLF, NSX:BMN) (Bannerman or the Company) advises that it has amended its Securities Trading Policy (Policy) with effect from 23 September 2026.…