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2012  // Posts published in 2012

13 Nov 2012 Media & Broadcasting

TELKOM, KT DEAL ‘RUBBISH’ – PULE ADVISER

oy Kruger, technical adviser to communications minister Dina Pule, has slammed the proposed sale of 20% of Telkom’s equity to a Korean company, calling it “rubbish”. He also attacked e.tv for its “stupid” lawsuit against the minister over digital television. Communications minister Dina Pule’s technical adviser, Roy Kruger, said on Tuesday that selling 20% of […]

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13 Nov 2012 Media & Broadcasting

MOMNETUM 94.7 CYCLE CHALLENGE GETS NEW TV BROADCAST PARTNER

he Momentum 94.7 Cycle Challenge, which takes place on 18 November 2012, has a new TV broadcast partner, e.tv, that will broadcast the annual race live. “e.tv is excited to be the new television broadcast partner for this year’s Cycle Challenge,” says Monde Twala, head of channel. “We feel honoured to be able to showcase […]

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12 Nov 2012 SENS Announcements

TRADING STATEMENT

In terms of section 3.4 (b) 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. As a result of the above, […]

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9 Nov 2012 Tsogo Sun Holdings

TSOGO SUN SOARS ALMOST 10%

Johannesburg – Shares in Tsogo Sun [JSE:TSH] on Friday raced 9.74% higher to R25.24 as the casino and hotels operator said first-half profit was likely to increase by as much as 42%. Tsogo Sun said on Friday its headline earnings per share for the six months to end-September is expected to be between 37% and […]

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SEARDEL REAL ESTATE HUB

It may not be an exaggeration to predict that property could represent as much as 60% of clothing and textile conglomerate Seardel Investment Corp’s tangible value within five years. In the year to March, Seardel’s R824m property portfolio represented 35% of total tangible assets. That is to say the property segment is now bigger than […]

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8 Nov 2012 KWV Holdings

KWV DILUTES BRANDY SURPLUS

Going for broke in ready to drink Loss-making liquor giant KWV Holdings might have found a way to increase its volumes and, at the same time, reduce its brandy surplus. The company recently launched a ready-to-drink (RTD) brandy and cola mix under the “KWV & Cola” banner. “KWV & Cola” will compete in the so-called […]

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SEARDEL – REAL ESTATE HUB

PROPERTY PLAY It may not be an exaggeration to predict that property could represent as much as 60% of clothing and textile conglomerate Seardel Investment Corp’s tangible value within five years. In the year to March, Seardel’s R824m property portfolio represented 35% of total tangible assets. That is to say the property segment is now […]

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4 Nov 2012 Tsogo Sun Holdings

UNIQUE SOUTHERN SUN IKOYI HOTEL

The first of South African hotel chain, Tsogo Sun’s West African-managed properties, the Southern Sun Ikoyi Hotel seems to have deliberately adopted a strategy which is geared towards it surviving in a unique market like Nigeria. As someone who has had the opportunity of staying in four of the hotel group’s properties across two cities […]

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TOP TOURSISM AWARD WON BY GAUTENG

outh Africa’s most responsible tourism operation in terms of natural, social and economic commitments is in southern Gauteng on the banks of the Vaal River. The Riverside Sun Resort was on Wednesday named overall winner in the 11th Federated Hospitality Association of Southern Africa (Fedhasa’s) Imvelo responsible tourism awards. The Tsogo Sun operation received the […]

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HANDS OFF OUR SPECTURM, SAYS e.tv

The free-to-air broadcaster is worried that too much spectrum is being set aside for mobile broadband. Free-to-air television broadcaster e.tv has taken exception to a proposal by the Independent Communications Authority of SA (Icasa) to take away a big chunk of radio frequency spectrum currently reserved for broadcasters and to reassign it for wireless broadband. […]

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