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Currently there are 696 shareholders, as of the shareholders index report of 31 August 2018, owning shares in the South African Reserve Bank. Shareholders are entitled a dividend of not more than 10 South African cents per share per annum (the total maximum dividend is therefore 200,000 South African Rand or a maximum of 1,000 South African ...
It is a subsidiary of British Standard Chartered and is registered as a Foreign Bank, by the South African Reserve Bank. [1] The bank is a large financial services provider. As of December 2014, its total assets were valued at ZAR:32,239,234,000. At that time, the shareholders' equity was ZAR:3,765,873,000. [2]
In an ESOP, companies provide their employees with stock ownership, often at no up-front cost to the employees. ESOP shares , however, are part of employees' remuneration for work performed. Shares are allocated to employees and may be held in an ESOP trust until the employee retires or leaves the company.
List of other large South African public entities (Schedule 3) and companies in which the state is a shareholder. FY2019/2020 Data. Name Industry Notes Employees Revenue Profit/(Loss) Ownership type Established Council for Scientific and Industrial Research: Research & Development: National research organisation 3,000 R2.5bn R0.007bn Fully ...
Companies House was a member of the Public Data Group, an advisory board which between 2011 and 2015 sought to improve public access to government data. [25] Companies House is also responsible for dissolving companies. [26] In 2020, there were approximately 4.3 million businesses on the Companies House register. [27]
The SARB announced a restructuring proposal, which received support from a consortium of six South African banks and the Public Investment Corporation. [ 5 ] : 16 A new banking group, African Bank Holdings Limited was created to assume the viable assets and some of the liabilities of the old bank.
public company and securities register — the official repository of publicly listed or unlisted companies whose at least one emission of securities was offered for the purpose of free trading to a number of persons exceeding certain threshold (varying according to jurisdiction), thus placing such a company under specific regulatory ...
FirstRand is listed as a "locally controlled bank" by the South African Reserve Bank, the national banking regulator. [8] As of May 2012, the group had total assets valued at US$90.3+ billion (ZAR:698 billion) (2011) [9] with subsidiaries in seven sub-Saharan countries and in Australia and India. Expansion plans in another six African countries ...