Australian gold miner, Gold One International announced this week that the company's shareholders have overwhelmingly approved a resolution with a 99,98% majority vote to amend the company's listing status on the JSE from primary to secondary. Gold One is the exploration company driving the Etendeka gold project in Namibia.

JUNIOR resources company Gold One International said yesterday its shareholders had "overwhelmingly" approved a resolution to change the company's listing status on the JSE from primary to secondary.

A capital market analyst, Mr Olisaemeka Amaeze, has attributed the current fluctuations in the prices of listed equities to the attitude of most investors.

THE results of the initial share offer of the National Insurance Corporation (NIC), were announced earlier this week. The share issuers were pleasantly surprised at the interest in the share offer despite the adverse publicity that dogged the offer period that run throughout January.

Unilever Nigeria Plc. has reassured its shareholders of substantial returns for the second quarter of 2010. The food and confectionery giant, in a performance document released at the Nigerian Stock Exchange (NSE) on Wednesday, projected 10 per cent earnings across board. According to the projection for the second quarter, which ends on June 30, 2010, the company estimated its profit after tax to hit N2.74 billion or 10.03 per cent growth.