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Investment Holdings

Guptas blame cruel media treatment for business exit

Aug 30 2016 12:57

The Gupta family, owners of Oakbay Investments, have been subjected to "cruel and harsh" treatment from the media in the country, the company says.

Financial Services

SA fertile ground for private sector - Bundesbank

Aug 30 2016 12:01

Deutsche Bundesbank has appointed a representative in SA to solidify the collaboration between the central banks to enhance global economic and financial stability.


Components cannibalisation, acting staff throw Prasa off track

Aug 30 2016 10:36

Passenger Rail Agency of South Africa has achieved only 45% of its target set out in the 2015-’16 annual performance plan.


BEE clause in SAA funding notice raises red flag

Aug 30 2016 06:29

Questions have been raised about the legality of part of SAA's funding request for R16bn in the open market.


SAA on why it went to market for R16bn

Aug 29 2016 18:03

SAA says it is testing the market's appetite with its request for R16bn in funding after it terminated BnP Capital's mandate to source funds and to consolidate debt.


Denel and Treasury still at war over VR Laser deal

Aug 30 2016 07:48

Reports indicate that Treasury will take legal action against Denel over a deal with VR Laser, despite Denel saying it has "closed its books" on the matter.


SAA's R16bn loan appeal more proof for business rescue - DA

Aug 29 2016 13:58

SAA's advert for a tender of R16bn indicates the desperate financial position the airline is in and it should therefore be placed under business rescue, says the DA.


Bidvest on the hunt for acquisitions - CEO

Aug 29 2016 12:38

Bidvest Group is seeking acquisitions both locally and internationally and has the ability to borrow funds to finance deals, says chief executive officer Lindsay Ralphs.


New niche listed property fund created

Aug 29 2016 12:02

A deal creating a listed fund focusing on smaller properties has been concluded between the Vukile Property Fund, Arrowhead Properties and the Synergy Income Fund.


SAA asks lenders for R16bn

Aug 29 2016 11:39

Cash-strapped SAA has turned to financial institutions to raise R16bn to meet its working and capital expenditure requirement, and to consolidate its current debt portfolio.



Adcock appoints new executive director

Aug 28 2016 15:30

Basadifeela Letsoalo has been appointed as executive director for human capital and transformation, says Adcock Ingram.

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