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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.

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.

Companies

Retrenched mine employees get 50% stake in Arnot on Workers' Day

May 01 2019 12:45

Mineral Resources Minister Gwede Mantashe has handed over a 50% shareholding in Arnot mine to retrenched employees, some three years after the mine was closed following Tegeta's successful bid to supply Eskom with coal.

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Investment Holdings

Tough out there, but PSG ready for SA recovery - CEO

Apr 24 2019 19:59

PSG Group CEO Piet Mouton tells Fin24 the JSE-listed investment holding company has managed to achieve "pleasing results amidst challenging conditions".

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