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Staff Writer  Choppies Enterprises shareholders have endorsed all resolutions presented at the retailer’s 2025 annual general meeting, held on 28 November.  Results released on the Namibia Stock Exchange show that 93% of the company’s 1.82 billion shares were represented at the meeting.  All ordinary and special resolutions passed, including the adoption of the audited financial statements, the remuneration policy, and the appointment of Forvis Mazars as external auditors. Shareholders confirmed the appointment of Natalie Graaff as a non-executive director with full support.  The re-election of two directors drew more mixed backing. Uttum Corea received 75% approval, while Valentine Chitalu secured…

Staff Writer  FirstRand says its operational performance for the six months ending 31 December 2025 is tracking in line with expectations. The group said easing inflation, lower interest rates and gradual improvements in household affordability supported performance across its key markets.  A voluntary trading update released on the JSE noted that macroeconomic conditions in South Africa, most African markets and the UK remained as anticipated, although Mozambique and Botswana continued to pose challenges. Despite subdued domestic system growth, inflation eased, and two 25 basis point rate cuts in July and November helped stimulate demand. FirstRand said both operational and financial…

Staff Writer  Nedbank Group says it is maintaining stable financial momentum despite tough operating conditions.  The bank released its voluntary trading and pre-close update for the 10 months to 31 October 2025, showing that performance remained steady even as South Africa’s economy faced modest growth, geopolitical uncertainty and concerns over US tariffs.  These factors continued to weigh on business confidence and delayed capital investment, while transactional activity remained muted. Nedbank said conditions have started to improve. Subdued inflation created room for further interest rate cuts, which helped lift household credit demand. Investor sentiment strengthened after progress on structural reforms, South…