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Chamwe Kaira  Andrada Mining Limited has announced that JLE Newco Ltd, a company registered in Lichfield, United Kingdom, has acquired a 5% shareholding in the company.  The acquisition follows an internal restructuring within the corporate group of the ultimate beneficial owner. According to a regulatory filing submitted to the UK Financial Conduct Authority, JLE Newco now holds 83.7 million voting rights, representing 5% of Andrada Mining’s total issued share capital.  The transaction crossed the reporting threshold on 14 October 2025, and the company was notified on the same day. The filing asserts that no other entity controls JLE Newco, nor…

Chamwe Kaira  Curro Holdings Limited has announced progress in the planned acquisition of all its issued shares by Jannie Mouton Stigting, which will lead to the company’s delisting from the Johannesburg Stock Exchange once the transaction is finalised. Curro released an update this week, confirming that they have met most of the suspensive conditions outlined in the circular to shareholders.  The company has secured all necessary regulatory and third-party approvals, with the exception of clearance from the competition authorities, to whom it made submissions in September. The company confirmed that approvals have been received from its debt funders, including Standard…

Staff Writer  FirstRand Limited has acquired a 20.1% stake in Channel VAS Investments Limited, trading as Optasia, one of the world’s largest artificial intelligence-driven fintech platforms serving emerging markets. The deal comes as Optasia prepares for its initial public offering and marks a strategic move by FirstRand to expand its reach in digital financial services and financial inclusion. Optasia operates in 38 countries across Africa, the Middle East, and Asia, providing financial access to millions of underbanked and unbanked consumers.  Using mobile data and AI, the company enables microloans and digital financial products at scale, allowing consumers to access credit…

Staff Writer  Standard Bank Namibia will host its first Governance, Risk and Compliance (GRC) Breakfast Connect on 31 October under the theme “Building Resilience: One Brick at a Time.”  The event will bring together industry leaders, risk professionals, and community stakeholders to discuss institutional resilience while raising funds for the bank’s Buy-a-Brick initiative, which supports low-income families in securing permanent housing. Paulina Iiyambo, senior manager for IT audit at Standard Bank Namibia, said the breakfast reflects the bank’s belief that governance, risk and compliance are strategic enablers of sustainable growth.  “To be truly effective, these disciplines must operate in concert,…