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Investment Holdings

Tech firm shareholders threaten litigation to get EGM

Apr 12 2018 16:32

Cognition Holdings shareholders say they have threatened the technology company’s board with litigation just to get it to hold an extraordinary general meeting.

Investment Holdings

GPI CEO Tasneem Karriem quits

Apr 04 2018 09:03

Grand Parade Investments has announced the resignation of its CEO and executive director Tasneem Karriem, after less than a year at the helm.

Investment Holdings

Stadio maiden results outperform prelisting target

Mar 12 2018 19:19

Stadio Holdings, the JSE listed company that focusses on investments in higher education institutions, successfully outperformed a forecast headline loss.

Investment Holdings

Brimstone pays 16th consecutive dividend despite tough trading conditions

Mar 06 2018 14:25

Despite tough trading conditions for two subsidiaries contributing to a drop in earnings, Brimstone has declared a dividend unchanged from the previous year.

Investment Holdings

Plan to rescue Gupta businesses revealed

Feb 26 2018 11:51

Business rescue practitioners appointed to oversee Gupta-linked companies which filed for business rescue say their main objective is to keep the companies operating and to stop job losses.

Investment Holdings

Guptas challenge IDC’s lawyers in R287.5m case

Jan 21 2018 05:52

The Gupta family’s Oakbay group of companies has disputed that the IDC lawyers have the authority to represent the financier in its R287.5m case against the group.

Inside Fin24.com

 
Investment Holdings

IDC sues Gupta-linked firms to recover debt

Dec 13 2017 10:44

The Industrial Development Corporation is suing four companies linked to the Gupta family after they failed to repay a loan.

Investment Holdings

How IDC was forced to invest in Oakbay

Dec 10 2017 06:00

A last-minute, hand-written amendment to a contract forced the Industrial Development Corporation (IDC) to trade R256 million for now-worthless shares in the Gupta family’s Oakbay Resources and Energy at inflated prices in 2014.

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