Former banker appointed head of South Africa's scandal-hit state pension fund [Reuters (UK)]
SHOPRITE HLDGS LTD S/ADR (SRGHY)
NASDAQ:AMEX Investor Relations:
shopriteholdings.co.za/investor-centre.html
Company Research
Source: Reuters
Former banker appointed head of South Africa's scandal-hit state pension fund - Reuters 2 Min Read JOHANNESBURG (Reuters) - Former Nedbank chairman Reuel Khoza has been appointed to head South Africa’s 2 trillion rand ($141 billion) Public Investment Corporation (PIC) in an effort to restore the scandal-plagued pension fund’s reputation. Khoza replaces South Africa’s former Deputy Finance Minister Mondli Gungubele as chairman of the PIC board, marking the first time the head of the fund responsible for billions of rand in government employee pensions has been chosen from outside the ranks of the ruling African National Congress (ANC). The role typically goes to the deputy finance minister, but South Africa President Cyril Ramaphosa has been forced into a rethink after a series of scandals and bad investments that prompted the collective resignation of the PIC board and CEO and triggered a judicial inquiry into governance failures. The National Assembly this month adopted an amendment
Show less
Read more
Impact Snapshot
Event Time:
SRGHY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SRGHY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SRGHY alerts
High impacting SHOPRITE HLDGS LTD S/ADR news events
Weekly update
A roundup of the hottest topics
SRGHY
News
- Shoprite's clothing chain UNIQ plans more stores, local sourcing [Reuters]Reuters
- South Africa's SPAR steps up battle for affluent and discount shoppers [Reuters]Reuters
- Spar of South Africa to Focus on Home Market After Poland Exit [BNN Bloomberg (Canada)]BNN Bloomberg
- Africa's Largest Grocer Boosts Sales by Avoiding Price Increases [BNN Bloomberg (Canada)]BNN Bloomberg
- Business Exodus From Nigeria Won't Last, Billionaire Wiese Says [BNN Bloomberg (Canada)]BNN Bloomberg