SA’s unclaimed millions: BEE beneficiaries owed R167m in dividends

  • 📰 SundayTimesZA
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

South Africa Headlines News

JSE says millions in stock cash unclaimed, with BEE beneficiaries particularly hard hit.

14 August 2022 - 00:03SA companies have billions of rand in unclaimed dividends, some dating back more than 15 years in the case of BEE beneficiaries, leaving shareholders out of pocket and creating an administrative

nightmare to track down those owed money. ..You’ve always trusted us to help you navigate the world. Support the Sunday Times by becoming a premium member for only R80 and keep the conversation going. You can cancel anytime.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Thungela signs amended coal capacity agreement with TransnetAnglo-American coal spinoff Thungela Resources notified the market on Thursday that it has signed an amended long-term agreement (LTA) with Transnet, regarding coal rail capacity and rates. Moneyweb MiningNews AkhonaMatshoba
Source: Moneyweb - 🏆 5. / 77 Read more »

1nvest lists emerging Asian markets ETF on the JSEThe JSE now has 92 ETF listings with a combined market capitalisation of R118bn
Source: BDliveSA - 🏆 12. / 63 Read more »

Proposal for tougher BEE laws in South Africa as compliance dwindlesThe Broad-Based Black Economic Empowerment Commission (B-BBEE Commission) has published its annual broad-based black economic empowerment (B-BBEE) trends report for2021, showing a decline in compliance and a drop in black ownership of businesses in South Africa. Dear ukinsouthafrica & USEmbassySA South Africa can kick start its economy by: 1- Remove all racist BBBEE laws 2- Remove all labour law red type 3- Reduce Company Income tax to 22%! NumsaMustFall SaftuMustFall eNCA DStv403 Newzroom405
Source: BusinessTechSA - 🏆 24. / 61 Read more »

Fortress approaching JSE after vote puts Reit status at riskFortress must meet minimum distribution requirement of a Reit by October 31
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE closes flat while rand weakens to one-month lowUS Federal Reserve’s latest minutes provided little direction as its signals on interest rates and inflation were mixed
Source: BDliveSA - 🏆 12. / 63 Read more »

MONEY LIVE | JSE, rand under pressure amid global sell-off | Fin24MONEY LIVE | JSE, rand under pressure amid global sell-off.
Source: Fin24 - 🏆 21. / 63 Read more »