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).

We aren't too impressed by dividend yields unless they can be sustained over time. Before this announcement, AECI was paying out 83% of earnings, but a comparatively small 25% of free cash flows. This ...