Investment holding company Conduit Capital has reached an agreement to sell its insurance business to Namibian financial services group Trustco for R2bn in a move to improve its financial position.
Conduit Capital said the sale of its insurance business, Constantia Risk and Insurance, to Trustco’s subsidiary Legal Shielding Holdings would bolster its balance sheet.
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Key shareholders agree in principle about Delta and Rebosis mergerTwo black-owned real estate companies will create a business with R29bn in assets At least one dud
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In City Press Business: Eskom wants another R27bn from consumers; We will blow R250bn this festive season; Road Accident Fund can’t pay wagesIn City_Press Business today: Eskom wants consumers to cough up a further R27 billion for electricity; The Road Accident Fund has been unable to pay expenses like salaries because its bank accounts have been attached Years back while learning about the French revolution, I was very sad that all the rich people were killed off... Yeah, people just got gatvol! 🤔 Eskom idakiwe. We want to see arrests first of those who put us in this situation before we can even entertain the coughing up matter. I also want a few billion, at least I won't piss it down the toilet. Probably give most too charity. Please pick me MYANC
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SAA's business rescue practitioner comes with some serious credentials | IOL Business ReportThe struggling SAA board this week entrusted Les Matuson to rescue it out of the turbulence it had been stuck in since 2011. No seriously? A white person has to clean up the shit ? What is the opinion of Julius_S_Malema and the other racists in the politics ? So the MYANC can claim to be the cANCer not the healer !
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