Close

Not a member yet? Register now and get started.

lock and key

Sign in to your account.

Account Login

Forgot your password?

2014  // Posts published in 2014

23 Oct 2014 SENS Announcements

FURTHER ANNOUNCEMENT RELATING TO THE SUSPENSION OF EXECUTIVE CHAIRMAN

Shareholders are referred to the SENS announcement dated 22 October 2014, wherein shareholders were informed that the Company has decided to suspend the services of its executive chairman, Mr Marcel Golding, as an employee pending a disciplinary enquiry into certain allegations of gross misconduct by him. Shareholders are further informed that the nature of the […]

Read more...

22 Oct 2014 General

HOSKEN SUSPENDS CHAIRMAN GOLDING FOLLOWING MISCONDUCT CHARGE

Golding has started legal proceedings to block his suspension and the hearing. Hosken Consolidated Investments, a South African black-empowerment investment company, suspended Executive Chairman Marcel Golding pending a disciplinary hearing into allegations of gross misconduct. The charges were “found to be of a very serious nature warranting disciplinary action,” the Cape Town-based company said in […]

Read more...

22 Oct 2014 SENS Announcements

SUSPENSION OF EXECUTIVE CHAIRMAN PENDING A DISCIPLINARY ENQUIRY

HCI regrets to announce its decision to suspend the services of its executive chairman, Marcel Golding, as an employee pending a disciplinary enquiry into certain allegations of gross misconduct by him. The alleged misconduct in question was, after deliberation by a special sub-committee mandated by the HCI Board, comprising its lead independent non-executive director and […]

Read more...

16 Oct 2014 Tsogo Sun Holdings

TSOGO AIMS TO SWEAT ASSETS FOR GROWTH

TSOGO Sun’s organic growth priority was to get more out of its “irreplaceable” set of casino licences and hotel assets while trading conditions remained tough, CEO Marcel von Aulock said at the group’s annual general meeting (AGM) on Wednesday. He said that the hotel and casino operator, which is highly dependant on the strength of […]

Read more...

26 Sep 2014 SENS Announcements

NO CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING

Shareholders are advised that HCI’s integrated annual report, incorporating the summarised audited results for the year ended 31 March 2014, has been posted to shareholders and contains no changes from the reviewed results which were published on SENS on 22 May 2014. Grant Thornton (Jhb) Inc. audited the results and the annual financial statements of […]

Read more...

16 Sep 2014 Mining

OILS WELL AT HCI

The colossus of the Cape Town empowerment sector – Hosken Consolidated Investments (HCI) – is hoping to make a big impact on the burgeoning African oil and gas sector. Last month HCI – via subsidiary Deepkloof – snapped up a 13% stake in Impact Oil and Gas (IOG) for around R180m. It seems HCI has […]

Read more...

9 Sep 2014 Deneb Investments

SEARTEC LOOKING SHARP AGAIN

A revamping of products and services at consumer electronics specialist Seartec appears to point to an increasingly important role for the Branded Products Division (BPD) in the corporate life of iconic Cape Town investment company Seardel Investment Corporation. Seartec, which is 100% owned by Seardel, is a distributor of the Sharp range of office automation […]

Read more...

MOVES FOR 31 000 LIVES

Tsogo Sun’s Moves for Life chess programme is taking the game to 31 000 learners in more than 100 schools and has trained over 900 teachers schools around the country. In support of the proven benefits of chess as an educational tool, Susan Polgar, four-time world chess champion, says, “According to research, test scores improved […]

Read more...

2 Sep 2014 Transport

NYANGA QUIET AFTER VIOLENT PROTEST

There was no violence reported over night in Nyanga, Cape Town police said on Tuesday. “The situation is calm, no incident has been reported,” Captain Frederick van Wyk said. A taxi driver was shot dead and buses were set alight amid a protest in the area on Monday. The 39-year-old man from Zwelitsha was apparently […]

Read more...

2 Sep 2014 Tsogo Sun Holdings

SABMILLER COMPELTES TSOGO SUN DISPOSAL FOR R10.6BN

SABMiller (SAB) has completed the transaction whereby it disposed of its entire shareholding in Tsogo Sun Holdings (TSH)‚ the group said The transaction was done through the placing and selling of ordinary shares at R25.75 per share with Tsogo Sun repurchasing SABMiller’s remaining 133-million shares at R20.96. The total gross proceeds received from the above […]

Read more...