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2004  // Posts published in 2004

16 Jul 2004 Tsogo Sun Holdings

BANDIT MACHINES HEAD FOR PUBS

The first limited-payout gambling machines will be installed in pubs, hotels and taverns across the Eastern cape during the next 18 months following the provincial gambling board’s award of the first route operator licence to Vukani Gaming. The licence, one of two on offer in the province, enables Vukani to install up to 1000 “one-arm […]

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14 Jul 2004 Media & Broadcasting

TIME TO SET ‘E’ FREE

Would listing of e.tv placate Marathon? Well done to London-based Marathon Asset Management for sticking to its guns in doggedly resisting the delisting of Hosken Consolidated Investments (HCI). The proposed delisting is still subject to court proceedings, making for rather an inconvenient situation with the empowerment group still having to produce financial results twice a […]

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13 Jul 2004 Media & Broadcasting

HCI SCORES 21M PROFIT FROM e.tv

Johannesburg – The more than R1 billion invested in e.tv by its 66 percent owner Hosken Consolidated Investments (HCI) has finally started reaping rewards. The station contributed a R21 million profit to HCI in the year ended march, helping the investment company report a R3 million headline profit from the previous year’s R98 million loss. […]

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2 Jul 2004 Tsogo Sun Holdings

GAMBLING DEAL UPSETS COSATU

The Congress of SA Trade Unions (COSATU) and one of its affiliates, (SACTWU) are at loggerheads following the latter’s intention to stake a claim in the gambling industry. Cosatu has opposed a plan by the SA Clothing and Textile Workers’ Union (Sactwu) to invest in gambling machines in the Western Cape. The congress is disputing […]

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e_TV BUOYS HCI

Free-to-Air television station e-TV’s move to profitability has buoyed the results of effective 66% shareholder Hosken Consolidated Investments (HCI) for the full year to end-march. The group reported a R132-m profit to shareholders – compared to a loss of almost seven times that figure in 2003. HCI’s future as a listed entity, however, is still […]

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TBM’S TECHNOLOGY OVERCOMES BARRIERS

TBM’s Technology Overcomes Geographical, Cultural And Language Barriers Johannesburg-based TBM is helping its clients, both corporate and government, become more successful by delivering specific education and training content to their own private TV networks, which are fed by satellite. “Initially we offered clients a focused digital advertising solution, but now they can also utilize this […]

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BEAM ME AN OFFER I CAN’T REFUSE

TWO MORE LOCAL COMPANIES PLAYING AT THE EDGE OF TECHNOLOGY The gym is the new shopping mall, much of it hi-tech. From the devices that attach you to exercise machines to devices that tell on you if you haven’t been doing enough time on the machines, the technology is taken for granted. Take, for example […]

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29 Jun 2004 Niveus Investments

VUKANI AIMS TO TAP GROWING LIMITED PAY-OUT SECTOR

LIMITED-payout machine operator Vukani Gaming is still a fledgling business, but is starting to look like one of the most significant in this slowly growing sector, which has used up a lot of potential investors’ patience. Vukani, a subsidiary of Hosken Consolidated Investments, holds one of two limited-payout licences granted in Mpumalanga, the first province […]

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29 Jun 2004 Media & Broadcasting

E.TV REACHES MILESTONE WITH DEBUT PROFIT

CAPE TOWN Six months short of its sixth birthday on October 1, free-to-air broadcaster E.tv turned in its first bottom-line profit to empowerment majority shareholder Hosken Consolidated Investments (HCI). HCI, which now owns 66% of E.tv, with VenFin owning about 33%, was rewarded with a R21,02m headline profit contribution from E.tv in the year to […]

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14 Jun 2004 Media & Broadcasting

THREE BLIND MICE RUNNING UP

Proudly South African media and IT company, Three Blind Mice, has recently received the Runner Up Award in the “Organizations: SMME” category of the National Science & Technology Forum (NSTF) Awards. The NSTF Awards are unique to South Africa – second only to the Technology Top 100 Awards. Three Blind Mice was a Technology Top […]

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