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Disarming deals

TWO Cape Town-based investment companies divested from their defence-related interests late last year. Stellar Capital Partners – which once was touted as a vehicle to carry retail tycoon Christo Wiese’s smaller strategic...

AIU secures R350 million worth of investment deals

I am pleased to announce that Wesgro, the Western Cape Government's mandated international trade and investment promotion agency, has helped secure R350 million worth of agribusiness investment deals into the Western...

Naspers Said to Eye Fintech Deals in $1 Billion India Push

Naspers Ltd. wants to spend about $1 billion in India this year as it scours the globe for investments that can replicate its blockbuster bet on China’s Tencent Holdings Ltd., a person familiar...

Markus Jooste profited handsomely from Steinhoff property deals

Markus Jooste, who quit as head of Steinhoff International Holdings NV in December amid an accounting scandal, oversaw a complex series of transactions where decisions made by the South African retailer...

Long-delayed South African power deals signed

State utility Eskom has signed the last of 27 long-delayed power purchase agreements (PPAs), according to energy minister Jeff Radebe. The contracts cover 2.3GW of renewable energy projects, with wind accounting for...

Banks balk at risk of funding South Africa mining charter deals

South Africa’s plan to force mining companies to give the black majority a bigger stake in the nation’s mineral wealth faces a major obstacle: convincing banks to back billions of dollars of...

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City proposes modification of weirs at Zeekoevlei and Rondevlei to improve...

THE City of Cape Town proposes the redevelopment and upgrade of the weirs at Zeekoevlei and Rondevlei that are located within the False Bay...

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