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Investment Holdings

Ahead of its planned Israeli takeover, Clover cuts job losses

Sep 18 2019 21:52

Clover has cut down the number of jobs which would be lost as a results of its consolidation plan, while the company is pursuing a R4.8bn merger with Milco SA.

Investment Holdings

Brimstone reduces loss, hopes to be in positive territory by year-end - CEO

Sep 02 2019 20:57

Brimstone Investment Corporation has reported a loss of R84.3m for the six months ended June 30, 2019. But CEO Mustaq Brey is optimistic as Brimstone drives down debt, 'right-sizes' House of Monatic - which made headlines for creating President Cyril Ramaphosa's suit - and celebrates successes in the food sector.

Investment Holdings

PIC inquiry to resume on Tuesday after protests force halt

Jul 29 2019 12:01

The cancellation comes after President Cyril Ramaphosa granted the commission its second extension, allowing the inquiry to compile and submit its final report at the end of October instead of the end of July.

Investment Holdings

Clients may have lost R100m or more, says FSCA on Stringfellow arrest

Jul 13 2019 10:50

Thomas Stringfellow turned himself in to Johannesburg police following investigations into his conduct when handling funds from Stringfellow Group's clients.

Investment Holdings

Media24 welcomes ConCourt dismissal of predatory pricing appeal

Jul 04 2019 14:18

Media24 has welcomed a Constitutional Court ruling which dismissed an application for leave to appeal against the company in a case where it was accused of engaging in predatory pricing practices.

Investment Holdings

Stadio gearing up to expand

Jun 07 2019 17:03

Stadio Holdings, the JSE listed investment holding company with its focus on investments on higher education institutions, is ready to implement its expansion plan.

Investment Holdings

AYO decries 'trial by media' as it takes PIC to court

May 30 2019 21:30

AYO chair Wallace Mgoqi said through the statement that the company was innocent of all allegations leveled against it during the commission.

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Investment Holdings

How Buffett’s 2 472 627% gain fuelled Berkshire billionaire families

May 06 2019 21:33

Bill Child has entered negotiations to sell his business to Warren Buffett armed with a crucial piece of advice: Try to get some Berkshire Hathaway stock as part of the deal.

Investment Holdings

Helios Investment said to plan R18.3bn pan-African fund

Jun 01 2019 16:00

Helios Investment, the Africa-focused private equity firm, plans to raise a fund of about $1.25bn - or R18.3bn - to invest across the continent, say insiders.

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