While SONA's focus is on broad issues, it is cold comfort for water-less Giyani, Metsimaholo, Polokwane, writes Mbhazima Shilowa.
Steinhoff International Holding has decided to launch an accelerated book-build of up to 450 million ordinary shares in KAP Industrial Holdings.
KAP Industrial, whose biggest investor is Steinhoff International, is set to close at the highest level in seven months after agreeing to buy plastics maker Safripol for R4.1bn.
The return on Equity/Cost of Equity : This year’s table ranks 150 listed companies as creating shareholder value in 2009.
Steinhoff International has plunged after its CEO resigned amid accounting irregularities, rocking a company that’s rapidly expanded from its roots in South Africa into a retail empire spanning Australia, Europe and the US.
KAP International Holdings, whose manufacturing businesses include Bull Brand Foods, Glodina and shoe brand Jordan, says its cost-cutting strategy has paid off.
Internal rate of return: remember that candidates must be sifted through the funnies sieve first.
Cape TownO'Dwyer Personnel
Atlantic SeaboardShimansky Jewellers
DurbanvilleZaPOP Media (Pty) LtdR1 000.00 Per Month
R 8 300 000
R 2 500 000
Apartments / Flats
R 3 000 000
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