Announcement • Oct 15
JPMorgan Chase & Co. (NYSE:JPM) acquired an additional unknown minority stake in Curro Holdings Limited (JSE:COH). JPMorgan Chase & Co. (NYSE:JPM) acquired an additional unknown minority stake in Curro Holdings Limited (JSE:COH) on October 15, 2025. JPMorgan Chase & Co. now holds 5.01% stake in Curro Holdings Limited's total issued ordinary share capital.
JPMorgan Chase & Co. (NYSE:JPM) completed the acquisition of an additional unknown minority stake in Curro Holdings Limited (JSE:COH) on October 15, 2025. New Risk • Aug 28
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.4% Last year net profit margin: 1.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks High level of debt (42% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). Reported Earnings • Aug 28
First half 2025 earnings released: EPS: R0.26 (vs R0.40 in 1H 2024) First half 2025 results: EPS: R0.26 (down from R0.40 in 1H 2024). Revenue: R2.69b (up 4.8% from 1H 2024). Net income: R143.0m (down 37% from 1H 2024). Profit margin: 5.3% (down from 8.9% in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. New Risk • Aug 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South African stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improves as stock rises 42% After last week's 42% share price gain to R12.04, the stock trades at a trailing P/E ratio of 66.1x. Average trailing P/E is 33x in the Consumer Services industry in Africa. Total returns to shareholders of 18% over the past three years. Announcement • Aug 27
An undisclosed buyer signed a letter of intent to acquire remaining 96.64% stake in Curro Holdings Limited (JSE:COH). An undisclosed buyer signed a letter of intent to acquire remaining 96.64% stake in Curro Holdings Limited (JSE:COH) on August 27, 2025. A cash and affiliate equity consideration will be paid by the buyer.
PSG Capital joined as financial advisor and Cliffe Dekker Hofmeyr Inc acted as legal advisor in the transaction. Announcement • Aug 21
Curro Holdings Limited to Report First Half, 2025 Results on Aug 27, 2025 Curro Holdings Limited announced that they will report first half, 2025 results on Aug 27, 2025 Announcement • Apr 30
Curro Holdings Limited, Annual General Meeting, Jun 11, 2025 Curro Holdings Limited, Annual General Meeting, Jun 11, 2025. Announcement • Apr 03
An undisclosed buyer acquired an unknown minority stake in Curro Holdings Limited (JSE:COH) from Sanlam Investment Management (Pty) Ltd. An undisclosed buyer acquired an unknown minority stake in Curro Holdings Limited (JSE:COH) from Sanlam Investment Management (Pty) Ltd. on April 2, 2025.
An undisclosed buyer completed the acquisition of an unknown minority stake in Curro Holdings Limited (JSE:COH) from Sanlam Investment Management (Pty) Ltd. on April 2, 2025. Upcoming Dividend • Apr 02
Upcoming dividend of R0.17 per share Eligible shareholders must have bought the stock before 09 April 2025. Payment date: 14 April 2025. Payout ratio is on the higher end at 89%, however this is supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of South African dividend payers (8.6%). Lower than average of industry peers (3.2%). Declared Dividend • Mar 07
Dividend increased to R0.17 Dividend of R0.17 is 13% higher than last year. Ex-date: 9th April 2025 Payment date: 14th April 2025 Dividend yield will be 1.6%, which is lower than the industry average of 3.0%. Payout Ratios Payout ratio: 115%. Cash payout ratio: 48%. Reported Earnings • Mar 06
Full year 2024 earnings released: EPS: R0.19 (vs R0.07 in FY 2023) Full year 2024 results: EPS: R0.19 (up from R0.07 in FY 2023). Revenue: R5.14b (up 9.0% from FY 2023). Net income: R105.0m (up 156% from FY 2023). Profit margin: 2.0% (up from 0.9% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Mar 06
Curro Holdings Limited announces Annual dividend, payable on April 14, 2025 Curro Holdings Limited announced Annual dividend of ZAR 0.1660 per share payable on April 14, 2025, ex-date on April 09, 2025 and record date on April 11, 2025. Announcement • Feb 25
Curro Holdings Limited to Report Fiscal Year 2024 Results on Mar 05, 2025 Curro Holdings Limited announced that they will report fiscal year 2024 results on Mar 05, 2025 Announcement • Feb 04
Public Investment Corporation Limited acquired an additional minority stake in Curro Holdings Limited (JSE:COH). Public Investment Corporation Limited acquired an additional minority stake in Curro Holdings Limited (JSE:COH) on February 3, 2025. After completion of transaction, Public Investment Corporation Limited now holds 15.066% stake in Curro Holdings.
Public Investment Corporation Limited completed the acquisition of an additional minority stake in Curro Holdings Limited (JSE:COH) on February 3, 2025. Recent Insider Transactions • Nov 10
Non Executive Director recently bought R15m worth of stock On the 4th of November, Petrus Mouton bought around 1m shares on-market at roughly R13.10 per share. This transaction amounted to 5.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought R39m more in shares than they have sold in the last 12 months. Reported Earnings • Aug 26
First half 2024 earnings released: EPS: R0.40 (vs R0.33 in 1H 2023) First half 2024 results: EPS: R0.40 (up from R0.33 in 1H 2023). Revenue: R2.57b (up 8.3% from 1H 2023). Net income: R228.0m (up 16% from 1H 2023). Profit margin: 8.9% (up from 8.3% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. New Risk • Aug 23
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 3.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (3.0x net interest cover). Earnings have declined by 2.0% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin). Announcement • Aug 02
Curro Holdings Limited to Report First Half, 2024 Results on Aug 21, 2024 Curro Holdings Limited announced that they will report first half, 2024 results on Aug 21, 2024 Board Change • Jun 17
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Busi Mathe was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Jun 14
Non Executive Director recently bought R19m worth of stock On the 11th of June, Petrus Mouton bought around 2m shares on-market at roughly R10.39 per share. This transaction amounted to 9.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought R23m more in shares than they have sold in the last 12 months. Announcement • May 31
Urro Holdings Limited Announces Resignation of Nangamso Mankai as an Independent Non-Executive Director, Effective 12 June 2024 The board of directors of Curro Holdings Limited advised that Nangamso Mankai has resigned as an independent non-executive director of the Company, with effect from 12 June 2024. Board Change • May 07
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Busisiwe Mathe was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 03
Upcoming dividend of R0.15 per share Eligible shareholders must have bought the stock before 10 April 2024. Payment date: 15 April 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.3%. Lower than top quartile of South African dividend payers (9.1%). Lower than average of industry peers (3.0%). Declared Dividend • Mar 07
Dividend increased to R0.15 Dividend of R0.15 is 32% higher than last year. Ex-date: 10th April 2024 Payment date: 15th April 2024 Dividend yield will be 1.3%, which is lower than the industry average of 3.0%. Payout Ratios Payout ratio: 24%. Cash payout ratio: 38%. Announcement • Mar 06
Curro Holdings Limited Approves Final Gross Dividend for the Year Ended December 31, 2023, Payable on April 15, 2024 The board of directors of Curro Holdings Limited resolved to pay a final gross dividend of 14.64 cents per share from income reserves for the year ended 31 December 2023 (2022: 11.08 cents per share). It is the Board's policy to pay 20% of recurring headline earnings as an annual dividend. The salient dates of the dividend declaration are, Declaration date; 5 March 2024, Last day to trade cum dividend; 9 April 2024, Trading ex-dividend commences; 10 April 2024, Record date; 12 April 2024, Payment date; 15 April 2024. Reported Earnings • Mar 05
Full year 2023 earnings released: EPS: R0.07 (vs R0.40 in FY 2022) Full year 2023 results: EPS: R0.07 (down from R0.40 in FY 2022). Revenue: R4.76b (up 15% from FY 2022). Net income: R41.0m (down 83% from FY 2022). Profit margin: 0.9% (down from 5.8% in FY 2022). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Feb 13
Metal Industries Benefit Funds Administrators acquired unknown minority stake in Curro Holdings Limited (JSE:COH). Metal Industries Benefit Funds Administrators acquired unknown minority stake in Curro Holdings Limited (JSE:COH) on February 12, 2024. With this transaction Metal Industries Benefit Funds Administrators total of all beneficial interests held by it amounts to 5.06% of the Company's total issued ordinary share capital.Metal Industries Benefit Funds Administrators completed the acquisition of unknown minority stake in Curro Holdings Limited (JSE:COH) on February 12, 2024. Announcement • Feb 09
Curro Holdings Limited Provides Earnings Guidance for the Year Ended 31 December 2023 Curro Holdings Limited provided earnings guidance for the year ended 31 December 2023. For the year, the company expects Recurring headline earnings per share in the range of 70.0 cents to 76.0 cents, Headline earnings per share in the range of 70.0 cents to 76.0 cents and Earnings per share in the range of 6.6 cents to 13.5 cents. Announcement • Feb 08
Curro Holdings Limited to Report Fiscal Year 2023 Results on Mar 05, 2024 Curro Holdings Limited announced that they will report fiscal year 2023 results on Mar 05, 2024 Announcement • Feb 06
Curro Holdings Limited Announces Executive Changes Curro Holdings Limited announced the following changes to the Board committees, with effect from 5 February 2024. Nangamso (Nan) Mankai, a non-executive director, has stepped down as chairperson and member of the Audit and Risk Committee; Cora Fernandez has been appointed as chairperson of the Audit and Risk Committee of the Company; and Lerato Molebatsi has been appointed as member of the Social, Ethics and Transformation Committee.Following these changes, the relevant Board committees will comprise the following members: Audit and Risk Committee: Cora Fernandez (chairperson); Douglas Ramaphosa; Themba Baloyi. Social, Ethics and Transformation Committee: Prof. Sibongile Muthwa (chairperson); Douglas Ramaphosa; Lerato Molebatsi; Cobus Loubser (CEO). Board Change • Feb 02
Less than half of directors are independent Following Non-Executive Director Cora Fernandez's arrival on 01 February 2024, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Non-Executive Director Themba Baloyi was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Dec 08
Curro Holdings Limited Announces Appointment of Non-Executive Directors, Effective 1 February 2024 Curro Holdings Limited announced that Ms. Lerato Molebatsi ("Lerato") has been appointed as non-executive director of the Company with effect from 1 February 2024, and Ms. Cora Fernandez ("Cora") has been appointed as non-executive director of the Company with effect from 1 February 2024. Lerato has over 25 years' experience within the Financial Services, Mining, Government, Non-profit and Professional Services industries. Lerato is currently serving on the following boards: South African Reserve Bank, Spur Corporation, Committees of the Financial Sector Conduct Authority and Committees at Petra Diamond Mine plc. Lerato holds a Bachelor of Arts in Psychology from the University of Johannesburg and has completed a Senior Executive Leadership Programme for Africa at Harvard University. Cora is a chartered accountant and holds a B Comm from the University of Cape Town and a B Compt (Hons) from UNISA. During her employment at Sanlam, Cora held the following positions: CEO of Sanlam Private Equity, Managing Director of Sanlam Investment Management and CEO: Institutional Business at Sanlam Investment Holdings Limited. Cora currently serves on the board of the following companies: Sphere Private Equity (Pty) Ltd, Capitec Bank Holding Limited, Spur Corporation Limited and Redefine Properties Limited. Recent Insider Transactions • Nov 21
Non Executive Director recently bought R1.6m worth of stock On the 16th of November, Petrus Mouton bought around 150k shares on-market at roughly R10.99 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought R25m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to R11.58, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 16x in the Consumer Services industry in Africa. Total returns to shareholders of 28% over the past three years. Reported Earnings • Aug 23
First half 2023 earnings released: EPS: R0.33 (vs R0.28 in 1H 2022) First half 2023 results: EPS: R0.33 (up from R0.28 in 1H 2022). Revenue: R2.39b (up 16% from 1H 2022). Net income: R196.0m (up 19% from 1H 2022). Profit margin: 8.2% (up from 8.0% in 1H 2022). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Aug 03
Curro Holdings Limited to Report First Half, 2023 Results on Aug 21, 2023 Curro Holdings Limited announced that they will report first half, 2023 results on Aug 21, 2023 Recent Insider Transactions • Jul 07
Independent Non-Executive Director recently bought R86k worth of stock On the 30th of June, Thembalihle Baloyi bought around 10k shares on-market at roughly R8.65 per share. This transaction increased Thembalihle's direct individual holding by 4x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth R6.6m. Insiders have collectively bought R32m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jul 05
Independent Non-Executive Director recently bought R86k worth of stock On the 30th of June, Thembalihle Baloyi bought around 10k shares on-market at roughly R8.65 per share. This transaction increased Thembalihle's direct individual holding by 4x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth R6.6m. Insiders have collectively bought R32m more in shares than they have sold in the last 12 months. Announcement • Jun 17
Curro Holdings Limited Approves Burthryne Craig September as Director Curro Holdings Limited at the AGM, the shareholders approved Mr. Burthryne Craig September as a Director. Recent Insider Transactions • May 23
Non Executive Director recently bought R17m worth of stock On the 17th of May, Petrus Mouton bought around 829k shares on-market at roughly R20.70 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth R19m. Insiders have collectively bought R42m more in shares than they have sold in the last 12 months. Upcoming Dividend • Apr 05
Upcoming dividend of R0.11 per share at 1.4% yield Eligible shareholders must have bought the stock before 12 April 2023. Payment date: 17 April 2023. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of South African dividend payers (9.3%). Lower than average of industry peers (3.2%). Recent Insider Transactions • Mar 24
Non Executive Director recently bought R19m worth of stock On the 20th of March, Petrus Mouton bought around 3m shares on-market at roughly R7.55 per share. This transaction amounted to 77% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought R28m more in shares than they have sold in the last 12 months. Reported Earnings • Mar 03
Full year 2022 earnings released: EPS: R0.40 (vs R0.43 in FY 2021) Full year 2022 results: EPS: R0.40 (down from R0.43 in FY 2021). Revenue: R4.16b (up 17% from FY 2021). Net income: R239.0m (down 7.7% from FY 2021). Profit margin: 5.8% (down from 7.3% in FY 2021). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Feb 15
Curro Holdings Limited Announces Appointment of Elizabeth Mpeke as Company Secretary, with Effect from 1 April 2023 Curro Holdings Limited board of directors announced that Ms Elizabeth Mpeke (Elizabeth) has been appointed as the group company secretary of Curro, with effect from 1 April 2023. Elizabeth gained extensive experience in corporate, secretariat and governance functions at KPMG and is a valuable addition to the group. Announcement • Feb 14
Curro Holdings Limited Provides Earnings Guidance for the Year Ended 31 December 2022 Curro Holdings Limited provided earnings guidance for the year ended 31 December 2022. For the year, the company expects earnings per share in the range of 35.8 cents to 44.3 cents. Announcement • Feb 13
Curro Holdings Limited to Report Fiscal Year 2022 Results on Mar 02, 2023 Curro Holdings Limited announced that they will report fiscal year 2022 results on Mar 02, 2023 Recent Insider Transactions • Dec 20
Non Executive Director recently bought R6.0m worth of stock On the 12th of December, Petrus Mouton bought around 694k shares on-market at roughly R8.63 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought R8.4m more in shares than they have sold in the last 12 months. Announcement • Jul 26
Curro Holdings Limited to Report First Half, 2022 Results on Aug 18, 2022 Curro Holdings Limited announced that they will report first half, 2022 results on Aug 18, 2022 Upcoming Dividend • Mar 09
Upcoming dividend of R0.082 per share Eligible shareholders must have bought the stock before 16 March 2022. Payment date: 22 March 2022. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of South African dividend payers (7.6%). Lower than average of industry peers (2.9%). Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment deteriorated over the past week After last week's 23% share price decline to R10.30, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 15x in the Consumer Services industry in Africa. Total loss to shareholders of 55% over the past three years. Reported Earnings • Feb 26
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: R0.43 (up from R0.066 loss in FY 2020). Revenue: R3.54b (up 14% from FY 2020). Net income: R259.0m (up R290.0m from FY 2020). Profit margin: 7.3% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 1.1%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. Announcement • Feb 24
Curro Holdings Limited Approves Final Gross Dividend for the Year Ended December 31, 2021, Payable on March 22, 2022 The board of Curro Holdings Limited has resolved to pay a final gross dividend of 8.20 cents per share from income reserves for the year ended 31 December 2021 (2020: nil). It is the board's policy to pay 20% of recurring headline earnings as an annual dividend on the premise that growth in cash generation shall continue in the future. Last day to trade cum dividend is 15 March 2022, Trading ex-dividend commences 16 March 2022, Record date is 18 March 2022 and Payment date 22 March 2022. Announcement • Feb 04
Curro Holdings Limited to Report Fiscal Year 2021 Results on Feb 23, 2022 Curro Holdings Limited announced that they will report fiscal year 2021 results on Feb 23, 2022 Executive Departure • Nov 29
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.58 years. Executive Departure • Nov 29
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.58 years. Executive Departure • Nov 29
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.58 years. Executive Departure • Nov 28
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.58 years. Executive Departure • Nov 28
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.58 years. Executive Departure • Nov 28
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.58 years. Executive Departure • Nov 28
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.58 years. Executive Departure • Nov 28
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.58 years. Executive Departure • Nov 28
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.58 years. Executive Departure • Nov 28
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.58 years. Executive Departure • Nov 28
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.58 years. Executive Departure • Nov 28
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.58 years. Executive Departure • Nov 28
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.58 years. Executive Departure • Nov 28
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.58 years. Executive Departure • Nov 28
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.58 years. Executive Departure • Nov 28
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.58 years. Executive Departure • Nov 27
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.58 years. Executive Departure • Nov 27
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.58 years. Executive Departure • Nov 27
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.58 years. Executive Departure • Nov 27
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.58 years. Executive Departure • Nov 27
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 27
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 26
Independent Non-Executive Director Tsholofelo B. Molefe has left the company On the 19th of November, Tsholofelo B. Molefe's tenure as Independent Non-Executive Director ended after 2.6 years in the role. We don't have any record of a personal shareholding under Tsholofelo B.'s name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. 
