Sea Harvest gives Brimstone profit a boost

2020-03-12 14:06

While Brimstone did not declare a dividend this year, it has reported a profit of R75.3 million, up from R71.3 million the previous year, which it credits largely to increased profitability at Sea Harvest.

Astoria to delist from Namibian stock exchange

2020-01-27 16:13

Capital market company Astoria plans to terminate its secondary listing on the Namibian stock exchange.

Burger King SA owner's shareholders approve R500m Sun Slots deal

2019-11-29 19:32

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.

Stadio gearing up to expand

2019-06-07 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.

Grand Parade Investments executive chair sells R60m worth of shares

2019-04-09 15:16

Hassen Adams, executive chair of Grand Parade Investments (GPI), sold R60m worth of ordinary shares in the company on Tuesday.

Brimstone CEO: We are still good at what we do

2019-03-13 07:48

Brimstone's annual results may have taken a knock, but its CEO Mustaq Br is satisfied with where its "real operations are at".

Survé defends Fedusa's 'wonderful' Dennis George

2019-02-07 18:40

Iqbal Survé, founder and chair of the Sekunjalo Group, says he was shocked to hear how the media treated the general secretary of Fedusa who has been placed on special leave.

PSG pleased with results despite demanding conditions

2018-10-16 19:27

JSE-listed investment holding company PSG Group says it has weathered demanding economic conditions during the six months to August 2018.

Motsepe's African Rainbow Capital shows growth in profit

2018-09-13 16:35

Black empowerment investment holding company African Rainbow Capital Investments reports growth in the value of its portfolio as well as its profit.

General downward valuation of listed investments impacts Brimstone's interim results

2018-08-28 17:47

The general downward valuation of listed investments contributed to a loss of R227m compared to a loss of R201m for the same period last year, says CEO Mustaq Brey.


Brimstone increases stake in Obsidian Health to 80%

2020-02-10 14:36

Brimstone Investment Corporation says it has acquired a further 55% stake in Obsidian Health for R35.7 million in cash.

Labat rebuts going concern worries as profit tanks

2019-12-31 16:29

The first JSE-listed investment group's profit shrank by more than 600%.

Brimstone reduces loss, hopes to be in positive territory by year-end - CEO

2019-09-02 20:57

Brimstone Investment Corporation has reported a loss of R84.3m for the six months ended June 30, 2019. But CEO Mustaq Brey is optimistic as Brimstone drives down debt, 'right-sizes' House of Monatic - which made headlines for creating President Cyril Ramaphosa's suit - and celebrates successes in the food sector.

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

2019-04-24 19:59

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

GPI banks on Burger King as sugar tax, VAT hike and drought take their toll

2019-03-18 13:56

Tough trading conditions, especially in its food businesses, affected the interim results of Grand Parade Investments - but Burger King revenue grew .

Sekunjalo responds to 'highly defamatory' Survé, PIC article

2019-02-10 13:24

The Sekunjalo Group reacts to what it calls a "highly defamatory article" published in the Sunday Times about the PIC's investment in AYO Technology Solutions.

Grand Parade Investments to analyse key performance of executives

2019-01-29 20:19

Grand Parade Investments will analyse the key performance indicators of executives as well as the attached weightings and hurdle rates.

Yale opens door to exit private funds in social investment shift

2018-10-11 21:17

Yale University, facing pressure to address ethical issues like gun violence, may consider exiting private equity and hedge fund investments that it deems socially irresponsible.

Stadio announces profit, reveals plans for higher education in SA

2018-09-03 13:35

Stadio Holdings has increased its income from R34.6m to R301m during the six months to June 2018.

Further blow for billionaire Wiese as Brait struggles with losses

2018-06-19 17:22

Billionaire Christo Wiese has received more bad news as shares of the investment company in which he’s the biggest shareholder fell after the firm posted an annual loss.

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