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Tag: Brimstone Investment Corporation

Brimstone posts strong interim results

Brimstone Investment Corporation today reported a profit for the six months to June 2016 of R48,3m compared to a loss of R480,1m in the previous comparative period. Whilst revenue increased by...

Brimming with confidence

Cape Town based empowerment group Brimstone Investment Corporation has celebrated its 20th anniversary this year – marking the remarkable journey from a community-based initiative with start- up capital of just R3m to a...

Current profits buoyed

THE tide still favours the local fishing sector with all four major companies based in the Western Cape once again netting impressive profit hauls. ‘Big fish’ Oceana reported a whopping 76% growth...

Headwinds for Brimstone

LOCAL empowerment group Brimstone Investment Corporation appears to be battling to find its sea legs after an ill-timed foray into shipping and logistics giant Grindrod. The sea has always been central...

Bump and grind for 2016

PROSPECTS for business in the Western Cape for 2016 look daunting. Political ructions have sent the Rand spiralling down against major currencies, the country’s fiscal policies look anything but disciplined and...

Brimstone – The company with a soul

Brimstone Investment Corporation began celebrating its 20th anniversary with packing 1,000 food hampers for distribution to people and communities in need.  All parcels were collected from the various beneficiary organisations. The packing took...

Brimstone’s Nedbank deal matures

Brimstone announced that its BEE deal with Nedbank Group Limited has matured. In 2005 Brimstone led a broad-based consortium in acquiring a shareholding in Nedbank (“the transaction”.) Brimstone’s share of the...

Ascendis buys diagnostics of Scientific Group

STEENBERG-based health care brands conglomerate Ascendis has snapped up the well-regarded diagnostics of the The Scientific Group (SG) in a R284m deal. The deal will be settled in cash and shares,...

Cape industry reinforced for 2015

The past year has been a most trying period for industrial concerns throughout SA – their very viability threatened by a combination of higher energy and labour costs as well as...

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Two SAB plants get R5.8 billion upgrades

The R5.8 billion investment commitment made by South African Breweries (SAB) has been utilised to increase capacity at two of its plants. The company said...

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