Guptas' Oakbay lifts veil on new Tegeta owner

Aug 23 2017 15:03

Tegeta's new owner is United Arab Emirates national Amin Al Zarooni, who wants to expand his growing business empire to South Africa, says Oakbay.


PPC reports positive first-quarter volumes in most markets

Aug 23 2017 10:21

In a trading update, Pretoria Portland Cement says it has made its first payments totalling $32m towards funding commitments in the DRC.


Guptas sell Tegeta to Swiss owner

Aug 23 2017 08:28

Gupta-owned Oakbay Investments has sold Tegeta Exploration and Resources to Swiss-based Charles King SA for R2.97bn, it has announced.

Financial Services

Zim investors use Old Mutual to repatriate funds outside country

Aug 22 2017 11:45

Investors are using Old Mutual as a way of repatriating their investments outside the country, buying stocks and then moving them to either London or the JSE, say analysts.


Shoprite resilient despite rand, recession woes

Aug 22 2017 10:43

Despite a constrained trading environment, Shoprite Holdings is healthy and doing well across multiple brands and regions, according to CEO Pieter Engelbrecht.

Travel & Leisure

New Cape Town hotel to welcome pets

Aug 21 2017 16:06

More travelling pet owners are demanding pet-friendly accommodation in the hospitality industry, says the curator of the new Radisson RED Hotel V&A Waterfront.

Inside Fin24.com


Boost for commercial property management

Aug 21 2017 14:49

The SA Institute of Black Property Practitioners has launched a property manager certification by the acclaimed US-based Institute of Real Estate Management.


Immigration, tight economy impact solid ADvTECH performance

Aug 21 2017 12:29

Although ADvTECH reported a strong performance in its interim financial results, its schools division was impacted by the underperforming economy.

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