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BUSINESS MAVERICK: Bidvest lets go of underperforming travel business in portfolio clean-upBidvest has disposed of its travel interests in its ongoing effort to reorganise the company for higher growth.
Source: dailymaverick - 🏆 3. / 84 Read more »
BUSINESS MAVERICK: Concrete developments: Rights issue pressure is off as PPC sells its lime businessThe disposal means the cement producer may not have to resort to a rights issue. But after a strong run in its share price, raising fresh equity capital may still be an option.
Source: dailymaverick - 🏆 3. / 84 Read more »
BUSINESS MAVERICK: Tongaat Hulett stock tanks on debt reprieve talks, sugar production lossTongaat Hulett says its lenders agreed to extend a deadline for the company to reduce debt to avoid a default. Now it is negotiating the quantum.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Cars Keep Getting Pricier and the Commodity Boom Makes It WorseCars are back in vogue courtesy of the pandemic. They’re also getting more expensive, thanks in part to surging commodity prices.
Source: dailymaverick - 🏆 3. / 84 Read more »
BUSINESS MAVERICK: Amenable shareholders give Aveng a fighting chance with R100m rights offerThe infrastructure and contract mining group has won the support of investors to raise more capital as it reduces debt to sustainable levels and refocuses its business. The best choice I've made this year was investing in cryptocurrency and forex trading and earning from home. With the help of KevinKatch2 I've been earning ZAR70,353.00k weekly I've never regretted this decision fellow RSA, 🙏🏻 Because I'm a husband and a father, this is hard for me to do but we're struggling and I've run out of options. Please assist my family with tinned food or food nearing their expiry date. If not for us then go our two daughters. We're able to go days without food, they can't 🙏💔
Source: dailymaverick - 🏆 3. / 84 Read more »