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2016  // Posts published in 2016

30 Jun 2016 KWV Holdings

KWV SHAREHOLDERS GET OFFER THEY CAN TOAST

THE end might finally be in sight for the long-suffering minority shareholders in KWV, the Paarl-based liquor company whose brands include Roodeberg and Cathedral Cellar. A group controlled by businessman Vivian Imerman is offering R16.91 a share for KWV’s operating assets. Imerman’s company, Visari, will not be buying KWV’s heritage assets, which include properties around […]

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30 Jun 2016 Transport

IRATE RESIDENTS THREATEN MORE PROTEST ACTION ON N2

Cape Town – Irate Barcelona informal settlement residents have threatened to continue protest on the N2 until their “rightful” ANC councillor candidate is put on the registered list. Alleged ANC members belonging to ward 40 in Nyanga said they wanted their “rightfully nominated” councillor candidate Bongani Mbili to be put on the list instead of […]

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30 Jun 2016 Transport

BUSES TORCHED IN CAPE OVER ANC COUNCILLOR LIST

Cape Town – Two Golden Arrow buses were torched and several cars stoned on the N2 near Nyanga on Wednesday night. The culprits said they were ANC members disgruntled with the party’s councillor list for the August 3 local government elections. Protesters said they wanted the ruling party to feel their frustrations and act. Motorists […]

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24 Jun 2016 Media & Broadcasting

WHY MULTICHOICE IS CHALLENGING e.tv’s TV BOX VICTORY

Encrypted digital TV set-top boxes risk being expensive for government and burdening poorer South Africans with defunct technology, says pay-TV provider MultiChoice. Set-top boxes are key to South Africa’s digital migration which will shift public broadcaster the SABC from analogue to digital signals and open up frequencies for faster broadband. The boxes will decode digital […]

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23 Jun 2016 Media & Broadcasting

DIGITAL TV ENCRYPTION BATTLE HEADS TO CONSTITUTIONAL COURT

MultiChoice and the Department of Communications have launched appeals against the Supreme Court of Appeals (SCA) ruling on encryption for set top boxes (STBs). Both the pay-TV provider and the department disagree with the SCA’s ruling that the decision not to encrypt set top boxes should be struck down. They oppose the adoption of encryption […]

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23 Jun 2016 Media & Broadcasting

DIGITAL TERRESTRIAL TV: FAITH MUTHAMBI STRIKES BACK

Every now and then a society has to make a decision that will be felt for 50 years or more. These decisions don’t happen often or come easy. Technology moves so quickly, some societies are able to reach consensus quickly, some are not. Nothing proves how complicated we are a society like the saga over […]

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23 Jun 2016 Media & Broadcasting

COMMUNICATIONS DEPT,. DSTV LODGE APPEALS AT CONCOURT AGAINST e

Eyewitness News has learnt that the Communications Department and DStv have lodged appeals at the Constitutional Court, accusing e.tv of wanting government to pay for it to be able to start encrypted pay-TV services. The Supreme Court of Appeal (SCA) has already reversed a decision by Communications Minister Faith Muthambi, to roll out unencrypted Digital Terrestrial […]

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22 Jun 2016 SENS Announcements

POSTING OF CIRCULAR AND NOTICE OF GENERAL MEETING

1. INTRODUCTION Shareholders of HCI (“HCI Shareholders”) are referred to the announcement released by HCI on SENS on Thursday, 28 April 2016 (“Announcement”) in relation to: the agreements concluded by HCI with entities related and/or associated to certain directors of HCI and its subsidiary  companies, and the Southern African Clothing and Textile Workers’ Union in terms […]

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17 Jun 2016 Tsogo Sun Holdings

CHALLENGE TO SUN MERGER REMOVED

SOUTHERN Sun Hotels’ bid to take a controlling share in Hospitality Property Fund (HPF) overcame a challenge on Wednesday unexpectedly when one of the parties opposed to the deal withdrew its application to intervene. Argute Consulting, which is run by Andrew Rogers, the former CEO of HPF, withdrew its application to intervene in the merger […]

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FAITH MUTHAMBI IS “IRRATIONAL”

Legal battle looms after minister sticks to her guns despite Supreme Court of Appeal judgment on digital migration policy Communications Minister Faith Muthambi is heading straight for ­another legal battle after apparently declaring her intention to ignore this week’s devastating Supreme Court of Appeal judgment against her. The court found her amendment to the Broadcasting […]

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