Latest news with #Remgro
Bloomberg
08-07-2025
- Business
- Bloomberg
Vodacom, Remgro Head Toward $743 Million Fiber-Deal Approval
South Africa's anti-trust watchdog will not oppose the 13.2 billion rand ($743 million) fiber transaction between Vodacom Group Ltd. and Remgro Ltd. at the Competition Appeal Court, increasing chances that the deal will go ahead. The Competition Commission reached a deal with Vodacom and Maziv — a wholly owned unit of Remgro's Community Investment Ventures Holdings Ltd. — on revised conditions that substantially address the anti-trust concerns raised when when it initially opposed the transaction, the regulator said in an emailed statement on Tuesday.
Yahoo
26-06-2025
- Business
- Yahoo
Institutional investors own a significant stake of 50% in Remgro Limited (JSE:REM)
Institutions' substantial holdings in Remgro implies that they have significant influence over the company's share price A total of 11 investors have a majority stake in the company with 51% ownership Past performance of a company along with ownership data serve to give a strong idea about prospects for a business AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. If you want to know who really controls Remgro Limited (JSE:REM), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 50% to be precise, is institutions. Put another way, the group faces the maximum upside potential (or downside risk). Because institutional owners have a huge pool of resources and liquidity, their investing decisions tend to carry a great deal of weight, especially with individual investors. Therefore, a good portion of institutional money invested in the company is usually a huge vote of confidence on its future. Let's take a closer look to see what the different types of shareholders can tell us about Remgro. View our latest analysis for Remgro Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. We can see that Remgro does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Remgro, (below). Of course, keep in mind that there are other factors to consider, too. We note that hedge funds don't have a meaningful investment in Remgro. Looking at our data, we can see that the largest shareholder is Public Investment Corporation Limited with 17% of shares outstanding. For context, the second largest shareholder holds about 8.4% of the shares outstanding, followed by an ownership of 5.8% by the third-largest shareholder. A closer look at our ownership figures suggests that the top 11 shareholders have a combined ownership of 51% implying that no single shareholder has a majority. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. While there is some analyst coverage, the company is probably not widely covered. So it could gain more attention, down the track. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. We can report that insiders do own shares in Remgro Limited. This is a big company, so it is good to see this level of alignment. Insiders own R1.6b worth of shares (at current prices). It is good to see this level of investment by insiders. You can check here to see if those insiders have been buying recently. The general public-- including retail investors -- own 40% stake in the company, and hence can't easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. We can see that Private Companies own 8.4%, of the shares on issue. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research. It's always worth thinking about the different groups who own shares in a company. But to understand Remgro better, we need to consider many other factors. I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph. But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
IOL News
26-05-2025
- Politics
- IOL News
Ramaphosa, Trump Bilateral: Humiliation in the Shadow of White Capital
EFF leader Julius Malema and members of his party's top structure led a march to the Rupert-owned company Remgro in Stellenbosch on March 6, 2022 to hand over their memorandum of demands. As Afrikaner nationalists have historically aligned themselves with Zionist ideology, both claiming divine rights to land taken by force, they now rely on the same international structures to preserve their grip on power, says the writer. Image: Phando Jikelo/African News Agency (ANA) Sipho Singiswa President Cyril Ramaphosa's meeting with Donald Trump last week, on the surface, may have appeared to be a standard diplomatic encounter. But for those observing from a Black revolutionary perspective, the moment carried the unmistakable weight of humiliation. It echoed the treatment of Ukrainian President Volodymyr Zelenskyy, another leader caught performing for Western approval rather than asserting the sovereignty of his people. The meeting was framed around the latest fabricated crisis: the so-called genocide and land persecution of the Afrikaner minority in South Africa. This narrative, pushed by AfriForum and echoed by right-wing media and political networks in the United States, is not only baseless it is a calculated tactic to derail the project of land reform and restorative justice in South Africa. Ramaphosa, rather than challenging this fiction, found himself clarifying, appeasing, and ultimately exposing his begging bowl approach to the US. The optics were painful. Ramaphosa did not stand as a servant of the landless majority, but as a custodian of the privileges bestowed upon him by white monopoly capital. His tone, his posture, his rhetoric all suggested a man more concerned with protecting foreign investments and elite economic interests than with pushing forward the Expropriation Act that he himself signed. Trump's role in this spectacle was clear: to intimidate, to lecture, and to remind Ramaphosa who really holds power. It was easy to imagine Trump leaning over the desk, finger pointed, declaring: 'You cannot pursue genocide charges against Israel while you are accused of genocide against White South Africans. Remember we made you.' The farcical nature of the AfriForum claims cannot be overstated. Afrikaners remain the dominant landowners in South Africa, controlling over 70% of mineral-rich land and vast sectors of the economy. They are overrepresented in the judiciary and other key institutions. And yet, it is this community that is being painted as persecuted, while the majority Black population continues to live under the economic consequences of historical dispossession. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Ad Loading This propaganda campaign is not isolated. It fits into a larger strategy reminiscent of CIA-backed efforts like the Orange Revolutions, aiming to destabilise countries in the Global South that challenge Western hegemony. The AfriForum narrative, like the denial of Israeli war crimes, serves to delegitimise real struggles for justice and redirect global attention toward manufactured grievances. What is more, this campaign is being actively supported by a powerful media apparatus dominated by white interests, both locally and abroad. The timing of these accusations is no coincidence. South Africa has brought a genocide case against Israel to the International Criminal Court, and the backlash is coordinated. The intent is clear: discredit South Africa's moral standing by painting it as hypocritical, thereby neutralising its global advocacy for Palestine. Meanwhile, US-based Zionist organisations and South African Jewish organisations have played an instrumental role in coordinating visits to Israel by leaders of South Africa's so-called Government of National Unity. These visits, supported by US funding and framed as educational or diplomatic, are part of a broader media and public relations war designed to shore up support for Israel and silence criticism. These visits continue even as Palestinian children are buried under rubble and Israeli war crimes mount. They continue despite the South African government's official position. And yet, Ramaphosa says nothing. Why? Because the man who claims to lead a liberation party serves the empire that his forebears fought against. Ramaphosa was not made president to dismantle white capital. He was elevated to manage it, protect it, and lend it a black face. His paper billionaire status, built on deals brokered by the very same monopoly capital he now shields, makes him both a product and a prisoner of this system. The hard irony is that the same forces that falsely claim genocide against Afrikaners are actively involved in genocide against Palestinians. The comparison is not just symbolic it is strategic. As Afrikaner nationalists have historically aligned themselves with Zionist ideology, both claiming divine rights to land taken by force, they now rely on the same international structures to preserve their grip on power.
TimesLIVE
22-05-2025
- Politics
- TimesLIVE
Rupert speaks, Ramaphosa stands firm: SA's moment at the White House
In a political moment charged with tension and global scrutiny, Johann Rupert has emerged as an unlikely voice of unity, pragmatism and patriotism. As US President Donald Trump hosted President Cyril Ramaphosa at the White House on Wednesday, Rupert's unexpected intervention drew praise across the political spectrum for his candour and his defence of South Africa. Sport, arts and culture minister Gayton McKenzie, a once vocal critic of Rupert, reversed course in a public show of support. 'Rupert is not who we think he is, he is a true patriot. He loves this country and I want to be the first to admit I was wrong about him. He spoke up against killing on the [Cape] flats, he spoke against illegal foreigners, but most importantly he stood up for South Africa. He is a gem,' said McKenzie. The Oval Office meeting came as Trump, now in his second term, has reignited claims of a 'genocide' of white farmers in South Africa — allegations the government has repeatedly denied. Trump reportedly played footage of EFF leader Julius Malema chanting 'Kill the Boer', using it as evidence of racial persecution. Rupert, the chair of Remgro and founder of luxury goods conglomerate Richemont, directly addressed Trump, offering a perspective on crime and safety in South Africa. 'We have too many deaths, but it's across the board. It's not only white farmers. We need technological help. We need Starlink at every little police station.' He emphasised that violent crime affects all South Africans, not just the white minority, and called for technological solutions. 'I got drones donated for the Peace Parks to stop elephant and rhino poaching. If you can help us remember, sir, you and I lived in New York in the 1970s. We never thought New York would become what it became. Two commissioners, a tough mayor. We need your help to stop these awful killings.' Rupert also highlighted his own vulnerability to political attacks, referencing Malema. 'I've been against apartheid all my life. And I'm their number one target. Please just Google my name and Malema. You'll see it, sir. He marched on my doorstep.' He didn't shy away from accountability either, calling out DA leader John Steenhuisen for failing to address violent crime in the Western Cape. 'Mr Steenhuisen won't admit it, but he runs the Western Cape where I live, and the highest murder rate is on the Cape Flats, gangs. We've got gang warfare like your MS-13. We've got equivalents,' he said. South African author Khaya Dlanga echoed support for Rupert's stand. 'I know some people will try to make this a controversial topic, but it's not. Johann Rupert is a true patriot for doing what he has done. He represented us as a country very well. He is not a politician and he spoke with the elegance of an experienced diplomat.' Another person on X, Matthew George, applauded Rupert for highlighting challenges in South Africa. 'Rupert is right. South Africa's problems are simple: unemployment and illegal immigrants,' said George. Ramaphosa was also widely praised for his calm, statesmanlike demeanour throughout the meeting despite being confronted with printed articles and videos meant to support Trump's claims. Former public protector Thuli Madonsela applauded Ramaphosa's poise. 'Exceedingly inspired and assured by President Ramaphosa's handling of his meeting with US President Trump. He calmly led, stuck to his mission and refused to be baited,' said Madonsela. McKenzie also lauded Ramaphosa. 'Thanks for resetting our relationship with America Mr President. You handled this meeting like a true boss. Let the haters hate and the patriots be patriotic.' ANC secretary-general Fikile Mbalula summed up the prevailing sentiment. 'Well done to Team South Africa for representing our country and putting the record straight, led by our President Ramaphosa.'
TimesLIVE
21-05-2025
- Business
- TimesLIVE
Ramaphosa, SA delegation brief media following meeting with Trump
With President Cyril Ramaphosa meeting US President Donald Trump at the White House on Wednesday, South Africans have been sending well wishes to their leader before the much-anticipated diplomatic engagement. The meeting included a working lunch and bilateral meeting, and interaction with the media. The South African delegation comprised cabinet ministers, members of business and eminent South Africans: Ronald Lamola, minister of international relations and co-operation; Khumbudzo Ntshavheni, minister in the presidency; Parks Tau, minister of trade, industry and competition; John Steenhuisen, minister of agriculture; Johann Rupert, founder of Richemont and chairperson of Remgro; Ernie Els, professional golfer; and Retief Goosen, professional golfer. Also in Washington to provide strategic support to Ramaphosa and the South African delegation were: Zingiswa Losi, president of the Congress of South African Trade Unions; and Adrian Gore, vice-president of Business Unity South Africa. The American delegation with Trump were: Vice-President JD Vance; Pete Hegseth, secretary of defence; Howard Lutnick, secretary of commerce; Christopher Landau, deputy secretary of state, Susie Wiles, assistant to the president and chief of staff; Elon Musk, special government employee at the department of government efficiency (Doge); and Massad Boulos, senior adviser for Africa and senior adviser to the president on Arab and Middle Eastern affairs. TimesLIVE
