Those who have problems with Ramaphosa are rubbing their hands in glee at what they see as reinforcement that he is captured by those who funded his campaign, writes Chris Vick.
The Brimstone Investment Corporation will exit a deal led by an Israeli company to buy South Africa’s biggest dairy producer after protests by a pro-Palestinian activist group.
Despite tough trading conditions for two subsidiaries contributing to a drop in earnings, Brimstone has declared a dividend unchanged from the previous year.
Stadio has announced that it will buy 20-year-old Milpark Education for R320m.
Without strong economic growth, indicators show that SA is moving towards social unrest, cautions Fred Robertson, executive chair of Brimstone Investment.
Brimstone's share price has shot up by almost 10%, as demand for Sea Harvest's initial public offering increased, resulting in R1.329bn being raised.
Brimstone has recorded a 22% increase in revenue and a 147% increase in operating profit for the financial year ended 31 December 2016.
Brimstone expects to report earnings per share and headline earnings per share for the year ended 31 December 2016 compared to a previous loss.
Brimstone's annual results may have taken a knock, but its CEO Mustaq Br is satisfied with where its "real operations are at".
SA simply cannot afford to invest in nuclear energy at present, but nuclear policy is unchanged and only Cabinet can decide to scrap the nuclear option, says Finance Minister Malusi Gigaba.
Brimstone has successfully entered into an empowerment transaction with STADIO, the subsidiary of the JSE-listed private education company Curro.
SA’s new T20 league has suffered a blow with one of just two local-based franchise investors amidst the eight pulling the plug, writes Rob Houwing.
Sticking to the basic approach to doing business it has followed since it was founded 22 years ago, is what has led to Brimstone through a "perfect storm".
The listing is an example of what can happen if you stay the course long term to add value for your shareholders, says Mustaq Brey, CEO of Sea Harvest parent Brimstone.
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