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Spanish firms seeking to sell stake in South African solar plant

Spain's Grupo Cobra and Sener companies are seeking to exit their stake in the 100-megawatt (MW) Ilanga solar power plant, which supplies electricity to South Africa's national grid, two sources with...

Coca-Cola to sell R10 billion stake in South African bottling unit as part of...

Coca-Cola Co is planning to sell a stake in its South African bottling unit to local investors in a deal worth about R10 billion ($669 million), in line with an agreement...

A story to be told

Dorothy tried to settle her mind as she sat at her desk, looking out across her garden. She turned to her phone and dialled Anne, her publisist. The voice on the...

Milnerton Flea Market to reopen this weekend

The Milnerton Flea Market, one of Cape Town’s biggest markets, is ready to reopen this weekend following a long period of closure due to the nationwide lockdown. Weather permitting, the popular market plans...

‘Considering selling your business?’

The decision to sell your business could well be the most important decision a business owner will make. While there is plenty of information available on starting a business venture there...

Seeding Zaad’s growth

STELLENBOSCH-based Zeder Investments, which has just clinched a deal to sell its valuable stake in consumer brands giant Pioneer Foods, looks set to accelerate growth its 95.3% controlled seed development business...

AngloGold plans to sell mines in final exit from South Africa

Exiting its South African operations could be a precursor to the miner moving its listing to London or Toronto. AngloGold Ashanti moved closer to exiting South Africa mining by announcing plans to...

Uber plans to sell around $10 billion worth of stock in IPO

Most of the shares sold would be issued by the company, while a smaller portion would be owned by Uber investors cashing out, one of the sources said. Uber Technologies Inc has...

Communicare sells Cape Town Foreshore building to foreign hotel chain

Social enterprise housing non-profit company (NPC) Communicare has sold its property on the Foreshore in Cape Town to an international hotel chain for R120 million, it said on Sunday. The new owner,...

Ascendis Health to sell non-core assets in South Africa

South African healthcare provider Ascendis Health said on Monday it plans to dispose of smaller local non-core businesses as part of a strategic review aimed at improving cash generation and enhancing...

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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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