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2016  // Posts published in 2016

21 Oct 2016 KWV Holdings

MARKET WATCH: POUR US A DIVIDEND PLEASE

Long-suffering shareholders in unlisted liquor group KWV Holdings will be cheered by the news that the sale of the company’s operating assets to Vivian Imerman’s Vasari has finally been concluded. Asset-rich but operationally poor, KWV has been a test of endurance for the many investors that lived in hope that the underlying value — sometimes […]

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20 Oct 2016 Media & Broadcasting

E.TV WANTS TO CUT NEWS FROM ITS PRIMETIME SLOT

Cape Town – South Africa’s broadcasting regulator has set 25 October as the date for a public hearing into e.tv’s controversial application to get its broadcasting licence conditions changed because they no longer want to do a half hour TV news bulletin during prime time. If e.tv is successful in getting its longstanding broadcasting licence […]

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18 Oct 2016 KWV Holdings

KWV SOLD TO GLOBAL INVESTMENT FIRM

Vasari, the unlisted UK-based investment group headed up by Vivian Imerman, has completed its acquisition of the operational assets of South African wine and spirits producer KWV for R1.15 billion. The acquisition, announced in May 2016, was finalised after securing shareholder support and a nod from the South African Competition Commission. “KWV is a strategic […]

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28 Sep 2016 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 2016, has been posted to shareholders and contains no changes from the reviewed results which were published on SENS on 23 May 2016. Grant Thornton Johannesburg Partnership audited the results and the annual financial statements of […]

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21 Sep 2016 Tsogo Sun Holdings

TSOGO SHAKES UP MANAGEMENT OF HOSPITALITY PROPERTY FUND

HOSPITALITY Property Fund (HPF) will get a new CEO and financial director, following its takeover by Tsogo Sun. HPF’s current CEO, Vincent Joyner, will be replaced by Keith Randall at the end of the year. Joyner will also leave the board of HPF. Earlier this year, a deal in which gaming and leisure group Tsogo […]

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30 Aug 2016 SENS Announcements

CHANGE TO THE BOARD OF DIRECTORS

In accordance with Section 3.59 of the JSE Limited Listings requirements, HCI shareholders are advised that the following change has been made to the composition of the HCI Board of Directors: Mr Mahomed Gani has been appointed as an independent non-executive director of HCI with immediate effect. Mr Gani will be a member and chair […]

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25 Aug 2016 Tsogo Sun Holdings

VINCENT JOYNER INJECTS NEW LIFE IN HOSPITALITY

HOSPITALITY Property Fund (HPF) has turned around under the management of CEO Vincent Joyner and is set to compete with other mid-cap property companies on the JSE, following an investment from Tsogo Sun. Last month Southern Sun Hotels, owned by Tsogo Sun, was given the green light to acquire a controlling share in HPF. Tsogo […]

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15 Aug 2016 Tsogo Sun Holdings

TSOGO SUN BETS ON MORE TOURISTS

Johannesburg – Africa’s premier hotel and gaming group, Tsogo Sun, is banking on improved tourism numbers in the future as it continued to add to its impressive portfolio by acquiring the Hospitality Property Fund (HPF). The merger between Tsogo Sun and Hospitality Property Fund (HPF) was approved by the Competition Tribunal last week. As part […]

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TSOGO SUN HOSTS WOMEN UNITED IN MOVING SA FORWARD

Tsogo Sun’s Citizenship team hosted a ‘Celebrate and Inspire’ Women’s Day event with keynote speaker, businesswoman Phuti Mahanyele, executive chairperson of Sigma Capital investment group, in celebration of Women’s Month and in acknowledgement of the powerful role women play in South Africa and its future. With more than half of Tsogo Sun’s workforce being comprised […]

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11 Aug 2016 Tsogo Sun Holdings

SOUTHERN SUN DEAL TO GO AHEAD

SOUTHERN Sun Hotels, owned by JSE-listed gaming and leisure group Tsogo Sun, has been given the green light to acquire a controlling share in Hospitality Property Fund (HPF). The Competition Tribunal on Wednesday approved the “large merger” between Southern Sun Hotels and Hospitality, “subject to conditions related to potential information exchange”. Hospitality is a real […]

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