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2008  // Posts published in 2008

11 Nov 2008 General

HCI’S HEADLINE EARNINGS TO DROP

HCI’s headline earnings to drop HOSKEN Consolidated Investments (HCI) said yesterday its headline earnings per share for the six months to September would be between 120c and 130c. The drop was partly due to Montauk Energy Corporation, which bought a gas price put contract from Lehman Brothers. Source: Business Day – Jocelyn Newmarch

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11 Nov 2008 SENS Announcements

TRADING STATMENT

TRADING STATEMENT In terms of the JSE Limited Listings Requirements, companies are required to publish a trading statement as soon as they are reasonably certain that the financial results for the current reporting period will be more than 20% different than that of the previous corresponding period. HCI`s shareholders are informed that it is expected […]

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10 Nov 2008 Media & Broadcasting

STATIONS SEEK CHEAPER BOXES

The SABC, M-Net and e.tv have called for cheaper set-top boxes. The SABC, M-Net and e.tv have called for cheaper set-top boxes to allow more television owners to receive digital broadcasts. In its pilot programme, the government’s proposed set-top boxes will cost about R700 each and will include a device allowing people to access public […]

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31 Oct 2008 Media & Broadcasting

OUT WITH THE OLD, IN WITH NEW DIGITAL TV SIGNALS

YESTERDAY was a historic day for South African TV , which will begin to make the switch from analogue to digital broadcasting. The total cost of digital migration is expected to reach R3bn, with the government footing much of the infrastructure bill. However, broadcasters will have to pay for new content. Digital broadcasting is a […]

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24 Oct 2008 SENS Announcements

RESULTS OF ANNUAL GENERAL MEETING

Shareholders are advised that all resolutions were passed by the requisite majority of shareholders at the annual general meeting held today, 24 October 2008. The special resolution will be lodged with the Registrar of Companies for registration, in due course.

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20 Oct 2008 Transport

NEW BUS ROUTE TO CLAM TRAFFIC

In an effort to encourage the use of public transport, the City of Cape Town’s transport department will on Monday open the Helderberg park-and-ride facility in Somerset West for commuters to the city centre. The facility, situated in Pastorie Lane near the police station, will be opened by Elizabeth Thompson, mayoral committee member for transport, […]

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17 Oct 2008 Transport

DA CRITICISMS OF ANOMALIES IN BUS FARES SHOULD TARGET NATIONAL DEPARTMENT OF TRANSPORT – AND NOT GOLDEN ARROW

The Provincial Leader of the DA (Theuns Botha) and its Transport Spokesman (Robin Carlisle) met on Wednesday (15.10.2008) with the CEO (Mr Nic Cronje) and General Manager (Mr Francois Meyer) of Golden Arrow Bus Services. The meeting was at the request of Golden Arrow and arose from DA media releases which were critical of the […]

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16 Oct 2008 SENS Announcements

ANNOUNCEMENT

Further update on the transaction between a subsidiary of HCI and certain shareholders of Gold Reef Resorts Limited (“Gold Reef”) pursuant to which the HCI group will increase its indirect interest in Gold Reef (“transaction”) Introduction Shareholders of HCI are referred to the announcement published by HCI on the Securities Exchange News Service of the […]

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12 Oct 2008 Transport

PROVINCE TAKES AIM AT GOLDEN ARROW MONOPOLY

The provincial transport department wants to end its contract with Golden Arrow bus service but a hold-up at the national department has hamstrung them. Instead of one bus service, the provincial department is working towards an integrated public transport system which will see up to 12 bus operators, minibus taxis and the rail system working […]

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10 Oct 2008 Media & Broadcasting

e.tv NOT HAPPY WITH ICASA’S ALLOCATIONS

The free-to-air television channel e.tv has expressed unhappiness about receiving only one additional channel in the proposed new channel allocation on the digital platform, which was announced by the Independent Communications Authority of SA (Icasa) last week. The draft regulations for broadcasting digital migration proposes an allocation of eight new channels to broadcasters. The public […]

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