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Tag: Brimstone

Brimstone de-gears

One of Cape Town’s oldest empowerment investment vehicles Brimstone looks determined to de-gear its balance sheet so it can snag new opportunities. In the last month Brimstone has partially exited two of...

Brimstone pulls out of consortium planning to bid R4.8bn for Clover Industries

JSE-listed investment holding group Brimstone Investments has pulled out of the consortium that plans to acquire the entire issued capital of Clover Industries for a reported R4.8billion. Brimstone said it decided to...

Cape retail’s new selling points

SALT RIVER-based fashion retailer Rex Trueform managed a stylish performance in the half-year to end December with revenues up 7% to R296m and after tax profits up a smart 10% to...

Sea Harvest packs for Perth

CAPE TOWN’s iconic hake company Sea Harvest has surprised the old salts in the fishing industry by casting deep into international waters. In early January Sea Harvest – which has a...

Great catch

One can be forgiven for getting too excited when the big hake catchers make a big profit splash. That’s because the hake industry in the past decade-and-a-half has certainly not been...

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Western Cape remains an attractive destination for foreign direct investment

Global foreign direct investment (FDI) flows recovered to US$1.58 trillion in 2021, up from US$963 billion recorded in 2020 and higher than pre-pandemic...

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