- 08 March 2023
- Senwes
- 1725
Shareholders of Senwes Limited (”Senwes”) are hereby advised that a reasonable degree of certainty exists that the normalised headline earnings for the 12 months ended 30 April 2023 (“year- end”) will be materially higher and are expected to be more than 20% (twenty percent) higher than the previous comparable period.
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Following South Africa’s grey-listing by the Financial Action Task Force (FATF) on 24 February 2023, the Senwes Group has embarked on a process to obtain the comprehensive “Know Your Customer” (KYC) documents of all its clients that have not yet been KYC-ed in terms of the Financial Intelligence Centre Act (FIFA). This process is centralised within the Senwes Compliance Function.
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