Wishing you peace and joy over the festive season and a prosperous 2013 …
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South Africa at the forefront of Integrated Reporting
Strate has joined a number of international organisations, as well as four other prominent South African companies, to develop a technical framework for Integrated Reporting by 2013. It is one of over 80 organisations that are involved in the pilot phase of the …
Continue readingNew CPSS IOSCO Principles are leaving nothing to chance
The infamous largest passenger liner of its time, the RMS Titanic, promised the world it would not sink and yet its powerful design still was no match for the iceberg that sent it to its underwater grave. Similarly, there were those financial entities who claimed that they were too large to fail …
Continue readingAdvances in the LEI code
A number of advances have been made with Legal Entity Identifiers (LEIs) since September that will change the way companies do business in the near future …
Continue readingPrinciples to further reduce counterparty risk in Close-Out Netting agreements under way
From 1 to 5 October, the International Institute for the Unification of Private Law (Unidroit) met to consider draft Principles on Close-Out Netting, a tool that South African institutions use to reduce exposures to the insolvency of a counterparty …
Continue readingStrate creates a forest in the Eastern Cape
In October, employees who form part of Strate’s 2012 Mentorship Programme purchased 150 trees in the Eastern Cape to create a Strate Forest for National Arbour Week …
Continue readingInnovative share charity scheme has raised over R2 million for a host of worthy South African causes
Strate Charity Shares (SCS), an innovative scheme designed to get rid of unwanted odd-lots of JSE-listed shares to help a variety of needy causes, this week donated R100 000 – in all R400 000 – to four worthy causes …
Continue readingSocial Media 101
Strate engages and connects with its stakeholders through various means, including the social media arena. With over 500 million ‘users’ on Twitter and 150 million members on LinkedIn, there is a growing emphasis on digital communication …
Continue readingIn memory: Richard (Rick) Gray Cottrell
On Monday, 5 November 2012, Richard Gray Cottrell passed away unexpectedly. Mr Cottrell was the former Chairman of Strate’s Regulatory and Supervisory Committee and an Independent Non-Executive Director of Strate …
Continue readingStrate settles first transactions for de-listed companies
Four recently de-listed companies have chosen to continue to settle their shares electronically via Strate. Strate provides both JSE-listed and any unlisted companies a facility whereby they are able to dematerialise, clear and settle shares in the Strate environment …
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