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Nedbank

Deep Yellow Taps Nedbank for Tumas Project Financing, Eyes Optimal Uranium Growth

Business News, Capital Markets, Finance News, Investing News, Stock Market /
  • Deep Yellow Limited appoints Nedbank for Tumas Project financing in Namibia.
  • Nedbank chosen for its extensive experience in financing African mining projects, including uranium.
  • The appointment aims to secure competitive funding for optimal project development and market exposure.

Deep Yellow Taps Nedbank for Tumas Project Financing, Eyes Optimal Uranium Growth Read More »

Tongaat Hulett Equity Plan: Vision Investments to Acquire 97.3% Stake Amid Delisting Risks

Business News, Capital Markets, Finance News, Investing News, Stock Market /
  • Tongaat Hulett Limited implements a business rescue plan involving an equity subscription.
  • Vision Investments will acquire 97.3% of THL’s share capital through the subscription.
  • Shareholders face potential delisting risks despite plans to retain THL on the JSE.

Tongaat Hulett Equity Plan: Vision Investments to Acquire 97.3% Stake Amid Delisting Risks Read More »

Ethos Capital Announces Brait PLC Unbundling Amid Regulatory Approval Awaited

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  • Ethos Capital plans to unbundle its holdings in Brait PLC, pending regulatory approval.
  • The transaction involves Black Hawk selling shares to Ethos Capital for no consideration.
  • Directors associated with Ethos Capital have disclosed their dealings in compliance with JSE requirements.

Ethos Capital Announces Brait PLC Unbundling Amid Regulatory Approval Awaited Read More »

Clicks Group Sells Unicorn Pharmaceuticals, Clears Path for New Licenses Amid Legal Resolution

Business News, Capital Markets, Finance News, Investing News, Stock Market /
  • Clicks Group will sell its stake in Unicorn Pharmaceuticals to comply with a Constitutional Court judgment.
  • The sale will allow the Department of Health to issue new retail pharmacy licenses to Clicks Group.
  • The divestment supports Clicks Group’s expansion in providing accessible healthcare across South Africa.

Clicks Group Sells Unicorn Pharmaceuticals, Clears Path for New Licenses Amid Legal Resolution Read More »

Advance Health Acquisition

Sephaku Holdings’ Metier Acquires Phoenix Property for R21 Million

Business News, Capital Markets, Investing News, Stock Market /
  • Sephaku Holdings’ subsidiary, Metier, acquired Phoenix Property in Phoenix Industrial Park for R21 million.
  • The acquisition secures Metier’s operational hub and offers rental income opportunities.
  • Sephaku Holdings aims for cost-effective growth in South Africa’s construction materials sector.

Sephaku Holdings’ Metier Acquires Phoenix Property for R21 Million Read More »