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2008  // Posts published in 2008

22 Dec 2008 SENS Announcements

ACQUISITION OF THE CALEDON CASINO, HOTEL AND SPA AND CENTURY CASINO NEWCASTLE

Acquisition of the Caledon Casino, Hotel and Spa and Century Casino Newcastle by HCI`s 38% held subsidiary, Tsogo Sun Gaming (Pty) Ltd (“transaction”) Shareholders of HCI are advised that Tsogo Sun Gaming (Pty) Limited, a wholly owned subsidiary of Tsogo Sun Holdings (Pty) Limited (“Tsogo Sun” or “the Group”), in which HCI has an effective […]

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15 Dec 2008 SENS Announcements

AWARDING OF A LIMITED PAYOUNT ROUTE OPERATOR LICENCE BY THE GAUTENG GAMBLING BOARD

Awarding of a limited payout route operator licence by the Gauteng Gambling Board to Vukani Gaming Gauteng (Pty) Ltd Shareholders of HCI are advised that the Gauteng Gambling Board has awarded a route operator`s licence to Vukani Gaming Gauteng (Pty) Ltd (“Vukani Gauteng”) to operate 1 000 limited payout gaming machines in the province of […]

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ClOVER SEEKS PROTECTION FOR AILING DAIRY INDUSTRY

MILK processor Clover has applied to the trade and industry minister for protection of the dairy sector from competition rules because the industry is in distress. If granted, the move could see the industry exempted from competition legislation. The Competition Commission has investigated Clover and four other milk processors for collusion. Clover deputy CE Manie […]

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BATTLE FOR DIGITAL TV CHANNELS CONTINUES

THE battle for digital terrestrial TV (DTT) continues today, with the SABC and e.tv making their cases for new digital channels. The jostling for new platforms began on Friday as players made presentations at public hearings convened by the Independent Communications Authority of SA (Icasa) on the draft digital migration regulations. Digital migration is the […]

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20 Nov 2008 Clothing and Textiles

SMALL CAP FOR SCAVENGERS

Even though it’s difficult trying to write something useful about our (largely) directionless market at the moment, I can’t resist the temptation to look at some quick picks. Once again, I’m indebted to the analysts and portfolio managers at Imara SP Reid. Their views are concise, tend to be a bit different and I just […]

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13 Nov 2008 General

CASINO AND ENERGY LOSSES KNOCK HCI

Once-off losses from its casino and energy subsidiaries slashed the interim net profit of Hosken Consolidated Investments (HCI), the company said yesterday. Net profit for the six months to September came in at R506 million, down 39 percent from a year earlier, even as group revenue rose 20 percent to R4.9 billion. Tsogo Sun, in […]

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13 Nov 2008 SENS Announcements

AUDITED GROUP RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2008

– 20% increase in group revenue – 14% increase in EBITDA – 39% decline in profit for the period Unaudited group results for the six months ended 30 September 2008 ABRIDGED CONSOLIDATED INCOME STATEMENT 30 Sept 30 Sept 31 March 2008 2007 2008 % R`000 R`000 R`000 Change Unaudited Unaudited Audited Revenue 33 3 298 […]

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12 Nov 2008 General

INTERIM PROFIT LIKELY TO DROP

HCI Interim profit likely to drop Hosken Consolidated Investments (HCI) expected headline earnings a share for the six months to September to be P1.20 and R1.30, compared with P2.27 last year Basic earnings a share would be between R1.60 and P1.70, compared with R3.39. HCI said the drop in both headline earnings a share and […]

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12 Nov 2008 Media & Broadcasting

CHEATING ZIZI OUTED ON YFM

An episode of YFM’s Mo Flava show last week resembled the US love-rat-busting series Cheaters and is now a cyberspace hit. Listener Ntombi Zizi, who turned 21 last week, was exposed as a two-timing minx on air when two men sent presenter Moeti “Mo Flava” Tsiki birthday wishes for “my girlfriend Ntombi Zizi”. Tsiki told […]

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12 Nov 2008 Technology

CALL CENTRES OFFER GROWING CAREER CHOICES

Despite the prevailing economic conditions and the somewhat gloomy forecast for the job market in the short term, there are some industries that still offer enormous opportunities for school leavers and candidates with some form of tertiary education. Call centres form part of a growing industry locally and globally, says Nritika Singh, managing director of […]

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