AECI, the JSE-listed chemicals manufacturer, on Friday announced a new R522 million Broad-Based Black Economic Empowerment (B-BBEE) transaction to strengthen the ownership credentials of its ...

Before this announcement, AECI was paying out 83% of earnings, but a comparatively small 25% of free cash flows. This leaves plenty of cash for reinvestment into the business. Analysts expect a ...

JOHANNESBURG - South African chemicals group AECI Ltd. announced plans to enhance its Broad-Based Black Economic Empowerment (B-BBEE) credentials through a new Broad-Based Ownership Scheme (B-BOS).

Shareholders and noteholders are advised that the board of directors of AECI ("Board") has resolved to introduce a new Broad-Based Black Economic Empowerment ("B-BBEE") transaction to be implemented ...