JSE-listed mobile capital equipment distributor Eqstra has, through its Mozambican subsidiary, signed a memorandum of agreement with Minas de Benga Limitada to dispose of all plant and equipment assets used in the provision of mining services during a five-year contract at Minas’ Benga coal mine, in Tete. This was in light of its anticipation that its headline earnings per share (HEPS) and earnings per share (EPS) for the six months ended December 31, 2015, would drop by at least 20% from the corresponding period in 2014.
