JSE falls 1.0% as Sibanye seeks EU concessions for lithium ramp-up
The JSE All Share fell 1.03% to 120005.25 on April 20, while the Top 40 dropped 1.09% to 112243.3. Sibanye-Stillwater asked the European Union for concessions as it ramps up Keliber, described by Reuters as Europe’s first lithium mine, while IOL said the project marks a new phase for European lithium production. Nedbank featured in 2 headlines, with Nedbank Connect customers consuming 938 gigabytes of data per day according to MyBroadband, and a Data Masters challenge worth R500,000 according to Bizcommunity and htxt.co.za. In the SME segment, The Mail & Guardian reported that the JSE programme helped BoTong Civils deliver a 418% revenue jump.
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JSE Top 40 falls 0.85% as Datatec and Netcare stay in focus
The JSE Top 40 fell 0.85% to 105,378.37 on May 22, while the JSE All Share lost 0.73% to 113,215.96. Datatec stayed in focus after a recent share-price move, according to AD HOC NEWS, while Netcare updated investors after a recent trading statement, AD HOC NEWS reported. Outside South Africa, Business Daily said NCBA staff are set to receive KSh1.9 billion in shares after Nedbank's buyout. In corporate filings, Richemont published its FY26 annual report, Quantum Foods released half-year results to March 31, 2026 with a dividend, and Hyprop Investments announced the acquisition of Galleria Burgas.
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