Succeeding with seed

STELLENBOSCH-based agribusiness investor Zeder looks set to aggressively grow its seed specialist Zaad – despite a marked fall in profitability in its interim results.


Low hanging fruit at Capespan?

AGRI-BUSINESS investor Zeder looks determined to own 100% of Bellville-based fruit exporting Capespan. Zeder has made an awfully generous offer to the 25% shareholding in Capespan that is in the hands of minority shareholders – arguably underlining an unshakeable belief in the future promise of a business that has always not delivered consistently on profits over the years. The question then is what Zeder – which is renowned for making astute agri-business investments – is really seeing in Capespan?


Zeder plants a seed

At a recent meeting of shareholders, Stellenbosch-based agri-business investor - Zeder - Chairman Jannie Mouton singled out seed marketing business Zaad as an investment with strong growth prospects.


PSG: locked and loaded

AFTER a period of introspection, the PSG Group – the R15bn Stellenbosch-based investment house – looks ready to go on the offensive again. In June the company – regarded as one of the most adventurous (and one if the most successful) investors in SA – managed to raise R920m in a quick book-build exercise. PSG could have raised well over R1.1bn, but turned away investors that pitched too low for the new shares on offer.


GCR maintains PSG financial services rating on A (ZA)

Global Credit Ratings (GCR) has maintained the financial rating outlook of PSG Group (PSG) at an A level.This is according to Eyal Shevel, Head of the Corporate Sector at GCR, who says strong growth in the value of underlying businesses has seen the sum-of-the-parts valuation increase more than three-fold over the five-year review period to R17.3bn at 1H F14.

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