Online Version

Facebook Feed

  • MY PRESIDENT IS CLUELESSAugust 11, 2022
    BY DONALD MOLOSI Allow me to state the obvious since you have a casual relationship with the truth. We are halfway through your term and it seems that you are already in campaign mode. For someone who has barely […]
  • ‘Butterfly’ acquital reversedAugust 11, 2022
    THABO BAGWASI editors@thepatriot.co.bw A full bench of the Court of Appeal (CoA) on Friday morning unanimously thwacked and set-aside a series of orders by Justice Dr Zein Kebonang, made in favour of Welhemina Maswabi, a former spy in the […]
  • Mosadi Tota powers women in businessAugust 11, 2022
    AMANDA DAVID editors@thepatriot.co.bwSupport authors and subscribe to contentThis is premium stuff. Subscribe to read the entire article.Login if you have purchased Subscribe Gain access to all our Premium contents. More than 100+ articles. Subscribe Now Buy Article Unlock this […]
  • UB delivers Botswana’s biodiesel dreamAugust 10, 2022
    KABO RAMASIA editors@thepatriot.co.bw Botswana’s quest for biofuel production by leveraging on animal fats and plant material to deliver the B20 biodiesel is on course to fruition, The Patriot on Sunday has learnt. Giving welcome remarks at the official launch […]
  • Gold, Silver for TebogoAugust 10, 2022
    STAFF WRITER editors@thepatriot.co.bw All eyes were on two sprinters, Tebogo Letsile (200m) and Collen Kebinatshipi (400m) finals in the wee hours of Friday as Botswana hoped to add to her medal haul at the World Athletics Junior Championships in […]
  • About Us
  • Advertise
  • Disclaimer
  • Contact Us
  • Login
  • Register
Thursday, August 11, 2022
17 °c
Gaborone
21 ° Tue
22 ° Wed
24 ° Thu
26 ° Fri
The Patriot On Sunday
Advertisement
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
Cart / $0.00

No products in the cart.

  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
The Patriot On Sunday
No Result
View All Result
Home Business

CA Sales lists on the JSE

patriot by patriot
June 29, 2022
in Business
237 15
0
CA Sales lists on the JSE

JSE Group CEO Leila Fourie, left and CA Sales Holdings chief executive Duncan Lewis at the firm’ JSE listing yesterday. Picture, Nokuthula Mbatha, ANA.

491
SHARES
1.4k
VIEWS
ShareShareShare

african-markets.com

The JSE, Africa’s largest stock exchange, has listed CA Sales Holdings Limited on its main board providing South African investors with exposure in the fast-moving consumer goods (FMCG) company with a footprint in several Southern African countries.

CA Sales was first incorporated in South Africa in 2011 and then spread its wings to Botswana, Swaziland, Namibia, Lesotho, Zimbabwe, Mozambique, and Zambia. The company offers a wide range of services to blue-chip manufacturers in the FMCG industry including selling, merchandising, warehousing, distribution, debtors’ administration, marketing and promotions, point of sale warehousing and training.

Valdene Reddy, Director of Capital Markets at the JSE, said the listing of CA Sales is a positive reflection on JSE’s efforts to attract new listings. “We are committed to growing the attractiveness of our listed markets. In so doing, we have embarked on a journey to improve the ease and appeal of listings through various regulatory and product proposals in efforts to attract issuers and investors to our exchange. We are pleased to welcome CA Sales to the JSE and look forward to the reciprocal growth of the company and its contribution across the continent”, said Reddy.

In a pre-listing statement released on 6 June 2022, CA Sales informed its shareholders that it was moving its dual primary listing from Cape Town Stock Exchange to the JSE. The company anticipates that its market capitalisation will be about R2.2 billion at the date of the listing. The company, classified as a diversified retailer on the JSE, has floated 461.4 million shares on the Main Board, where it is trading under the code CAA.

Commenting on the company’s listing, Duncan Lewis, CEO, CA Sales Holdings Limited, said: “As a collective of well-established FMCG service businesses operating across Southern Africa, specialising in route to market services to owners of the world’s most loved brands, we look forward to our dual listing, on the JSE and Botswana Stock Exchange (BSE), raising the profile of our Group with South African based retail and institutional investor community”.

“We are well positioned to take advantages of the opportunities in the various jurisdictions we operate in. Our management teams are exceptional and experienced to overcome the obstacles that may be encountered. If it was easy, everyone would do it! I am excited about the next 5 years,” concluded Johan Holtzhausen, Chairman at CA Sales Holdings Limited.

The listing of CA Sales brings the number of listed companies on the JSE to 313 with an overall market capitalisation of over R19.30trillion.

Related

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
  • MY PRESIDENT IS CLUELESSAugust 11, 2022
    BY DONALD MOLOSI Allow me to state the obvious since you have a casual relationship with the truth. We are halfway through your term and it seems that you are already in campaign mode. For someone who has barely […]
  • ‘Butterfly’ acquital reversedAugust 11, 2022
    THABO BAGWASI editors@thepatriot.co.bw A full bench of the Court of Appeal (CoA) on Friday morning unanimously thwacked and set-aside a series of orders by Justice Dr Zein Kebonang, made in favour of Welhemina Maswabi, a former spy in the […]
  • Mosadi Tota powers women in businessAugust 11, 2022
    AMANDA DAVID editors@thepatriot.co.bwSupport authors and subscribe to contentThis is premium stuff. Subscribe to read the entire article.Login if you have purchased Subscribe Gain access to all our Premium contents. More than 100+ articles. Subscribe Now Buy Article Unlock this […]
  • UB delivers Botswana’s biodiesel dreamAugust 10, 2022
    KABO RAMASIA editors@thepatriot.co.bw Botswana’s quest for biofuel production by leveraging on animal fats and plant material to deliver the B20 biodiesel is on course to fruition, The Patriot on Sunday has learnt. Giving welcome remarks at the official launch […]
  • Gold, Silver for TebogoAugust 10, 2022
    STAFF WRITER editors@thepatriot.co.bw All eyes were on two sprinters, Tebogo Letsile (200m) and Collen Kebinatshipi (400m) finals in the wee hours of Friday as Botswana hoped to add to her medal haul at the World Athletics Junior Championships in […]
The Patriot On Sunday

© 2022 Copyright The Patriot On Sunday - Inspired by Search Mart.

Navigate Site

  • About Us
  • Advertise
  • Disclaimer
  • Contact Us

Follow Us

No Result
View All Result
  • Login
  • Sign Up
  • Cart
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders

© 2022 Copyright The Patriot On Sunday - Inspired by Search Mart.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?