The Johannesburg Stock Exchange (JSE) is pleased to announce that it has embarked on a process to incorporate JSE Investor Services Proprietary Limited (JIS) as a wholly owned subsidiary of the JSE by acquiring the minority shareholding of 25.15 % from LMS Partner Holdings. The acquisition is subject to the fulfillment of suspensive conditions. In November 2020, the JSE acquired a 74.85% shareholding in JIS (formerly Link Market Services South Africa Proprietary Limited). JIS provides Share Registry, Custody and Investor Services to its clients.
JIS CEO, Iqbal Haniff, will remain as CEO until June 2022, fulfilling his obligations as part of the transaction. A process to recruit for a new successor will begin later this year to ensure a smooth transition and handover period between the new CEO and Mr Haniff. This will support the JSE’s commitment to knowledge transfer, continuity in operations and trusted relationships with clients. Haniff will remain available thereafter on a consultative basis to JIS.
“I wish to thank Iqbal for his incredible leadership at JSE Investor Services, building the company over the years making it a full-service business that is meeting the needs of our clients. I look forward to working closely with him during his transition and continuing a long-standing relationship with him well into the future,” says Leila Fourie, CEO of the Johannesburg Stock Exchange.
In order to strengthen JIS’ proposition to its clients, JIS has reached an agreement with Investec Share Plan Services Proprietary Limited (“ISPS”) to acquire a portion of its share plan services business. The arrangement includes a licensing and support services agreement with ISPS for the share plan services administration platform. ISPS will retain the brokerage business within its existing business operation. This acquisition and association will enable JIS to expand its Broad Based Black Economic Empowerment and employee share administration services product offering. JIS will assume the relationship with over 90 clients, supporting JSE Group’s strategy to expand its client base and diversify its revenue.
“We are continuously looking at new ways to innovate and to service our ever growing client needs. We believe that this expansion into executive employee share services will create more opportunities for the JSE to provide the right solutions for our clients. We are excited about the opportunities that this initiative affords both JIS and Investec,” concludes Fourie.
Answer:
C. cyclical unemployment rate is 4 percent.
Explanation:
The cyclical unemployment is associated with business cycles of recessions and expansions. The actual unemployment rate is given by the natural rate of unemployment added to the cyclical unemployment rate. In this case, the cyclical unemployment rate is:
The answer is C. cyclical unemployment rate is 4 percent.
Answer:
Consider the following calculations.
Explanation:
Five companies in the core segment are Abby, Brat, Bat, Cent and Clack
Calculation Total Production Capacity :-
Consider the attached archive.
Total Production Capacity to determine the industry's Current Capacity to produce in the core
segment without Brat.
Production Capacity = 7025 - 1250 = 5775
The Companies can work in two shifts.
Total Production Capacity = 5775 * 2 = 11550
The Answer is "11550".
According to the local environment and the goals of the organization. Formalization is the utilization of characterized structures and frameworks in basic leadership, conveying and controlling. As a hierarchical trademark, specialization is the appointing of people to particular, very much characterized errands. Specialization in a worldwide setting can be grouped into even and vertical specialization. Even specialization allocates occupations so people are given a specific capacity to perform and individuals tend to remain inside the bounds of this zone. Vertical specialization allocates work to gatherings or divisions where people are all things considered in charge of execution. Vertical specialization likewise is portrayed by particular contrasts between levels in the progressive system. Centralization is an administration framework in which imperative choices are made at the best.
Answer: see attachment
Explanation:
Attached below is a table prepared in answer to the question
