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S.Africa’s Capitec declares FY dividend, reports 27% profit drop

13 April 2021 by Con Tributor

Johannesburg, Gauteng, South Africa in the news:

  1. S.Africa’s Capitec declares FY dividend, reports 27% profit drop: JOHANNESBURG, April 13 (Reuters) – South African lender Capitec declared an annual dividend of 1,600 cents ($ 1.10) per share on Tuesday, when it also reported a 27% decline in full-year profit. The … – “Johannesburg” – BingNews
  2. ‘Deeds, not words’: mining firms reshape boardrooms as investors demand sustainability: JOHANNESBURG (Reuters) – Under fire after a string of high-profile disasters, mining firms are shaking up their boardrooms in response to criticism that they are failing to meet their own … – “Johannesburg” – BingNews
  3. Linde traps Pakistan as South Africa level T20 series: JOHANNESBURG, South Africa (AFP) — Pakistan opening batsman Mohammad Rizwan fell into a trap off the first ball of the match and the tourists never recovered, as South Africa romped to a six-wicket … – “Johannesburg” – BingNews
  4. Precious metals take hit as investors eye the greenback: JOHANNESBURG – PRECIOUS metals, gold, platinum, and silver retreated yesterday as the greenback strengthened on higher US Treasury yields. Platinum led the retreat, declining 2.21 percent to $ 1 181.50 … – “Johannesburg” – BingNews
  5. State Capture Inquiry: Anoj Singh details his part in McKinsey contract: Johannesburg – Former Eskom chief financial officer Anoj Singh returned to the Commission of Inquiry into State Capture on Monday to detail his involvement with management consulting firm McKinsey and … – “Johannesburg” – BingNews

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Have you tried: Travelling to South Africa?

Did you know this about Johannesburg? Johannesburg is the world’s biggest man-made forest, with over 10 million trees. This number is set to grow, as City Parks launched the Greening Soweto project in 2006, with the goal of planting an extra 200 000 trees in the famous township. Not only do Joburg’s trees combat the greenhouse effect, they help reduce noise in this ‘urban jungle’.

Category: NewsTag: Capitec, declares, dividend, drop, profit, reports, S.Africa's

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Museum Africa: Art Collection

The museum’s collection is staggering, housing approximately 850,000 objects that range from the prehistoric to the contemporary. It is one of the few institutions that attempts to tell the story of Southern Africa from the Stone Age to the nuclear age. The “Johannesburg Transformations” exhibition is the museum’s centerpiece, dragging the visitor through the chaotic evolution of the city. It doesn’t shy away from the grime; it features detailed reconstructions of “shack life,” the illegal “shebeens” (speakeasies) of the 1950s, and the vibrant but overcrowded “backyard rooms” that defined the black urban experience during Apartheid. One of its most sobering permanent displays is the “Tried for Treason” exhibit, which meticulously documents the 1956 Treason Trial. Visitors can see the portraits of all 156 accused—including Nelson Mandela, Walter Sisulu, and Albertina Sisulu—and read the “little red books” placed beneath each photo, where the public is invited to write their own reflections and facts about these liberation icons.

Deep within the museum’s labyrinthine halls, you’ll find specialized branches that are world-class in their own right. The Bensusan Museum of Photography sits on the top floor, acting as a shrine to the visual history of the continent. It contains everything from rare 19th-century daguerreotypes to the legendary photojournalism of the Drum magazine era. Meanwhile, the Geology Museum houses over 17,000 specimens, including a definitive collection of the rocks and minerals that made Johannesburg possible. It is a place where you can see the actual gold-bearing conglomerate reefs of the Witwatersrand up close, stripped of their commercial value and presented as scientific wonders.

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