Equity Express Securities Exchange (EESE) today launched operations with the listing of Ukhamba Holdings Proprietary Limited, the broad-based black economic empowered partner of Imperial Holdings Limited. Ukhamba has a market capitalisation of R 340 million.
Fidentia fraud case, masterminded by Fidentia boss J Arthur Brown, is over as his One & Only Hotel is sold for R39m.
Old Mutual has held constructive discussions with National Treasury, the Reserve Bank and the Financial Services Board (FSB) over the course of its strategic review.
The financial Services Board (FSB), which polices trading on the JSE Securities Exchange SA, needed to introduce the US's "zero-tolerance"
A Number of property unit trust companies are restructuring and transferring properties from their fixed-property companies to take advantage of capital gains tax benefits.
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