New exchange launches with listing of R340m Ukhamba Holdings
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's one and only hotel sells for R39m
Fidentia fraud case, masterminded by Fidentia boss J Arthur Brown, is over as his One & Only Hotel is sold for R39m.
Old Mutual to separate its four business units
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.
Frangos urges hard line on corporate fraud
The financial Services Board (FSB), which polices trading on the JSE Securities Exchange SA, needed to introduce the US's "zero-tolerance"
Unit trust firms gain from tax benefits
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.
Most Popular
Kzn's time to shine
Attacq Limited converts to a Reit
Vukile delivers 7.7% full-year distribution growth with strong performance from its SA retail portfolio and its major expansion into Spain
Redefine attracts big box retailers to its centres
Airports Company South Africa (ACSA) appoints MMQSMace to help transform South Africa’s airport infrastructure
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.