For FW de Klerk reconciliation was never about moral intention, but always about political strategy, writes Antjie Krog.
A majority of 66.64% of shareholders of Grand Parade Investments voted in favour of a bid by Sun International to buy GPI's remaining 30% stake in Sun Slots.
The group's current executive chair, Dr Hassen Adams, will switch to the role of non-executive chair from the start of July.
JSE-listed Grand Parade Investments has announced its exit of poor-performing assets Dunkin Donuts and Baskin Robbins as part of its value-based strategy.
Dr Hassen Adams, executive chair of empowerment company Grand Parade Investments is determined to ward off what he calls an attempted hostile takeover.
Must be a South African first, one analyst remarked.
Hassen Adams, executive chair of Grand Parade Investments (GPI), sold R60m worth of ordinary shares in the company on Tuesday.
Grand Parade Investments will analyse the key performance indicators of executives as well as the attached weightings and hurdle rates.
The High Court has ordered the immediate removal of Dr Hassen Adams, chair of empowerment company Grand Parade Investments, as trustee of the Hout Bay Development Trust.
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