African Phoenix Investments , which rose out of the ashes of African Bank, is considering a merger with new shareholder, financial services group Zarclear.
Zarclear had a net asset value of 536c as of the end of September, trading at a discount of 20% on Tuesday, when it had market capitalisation of about R970m.
Source: News Formal (newsformal.com)
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shock and anger as Mzansi reacts to the murder of Anele HoyanaAnele Hoyana's death has shaken social media platforms as South Africans weigh in. Using this picture to frame a narrative? We see you 👀👀👀 What piece of the puzzle am I missing? Check how he's looking at that guy in the eyes...It reminds me of that Tereblache story You see ANC people are anti-black, he feels home kukhongolose. That cap
Source: TimesLIVE - 🏆 28. / 59 Read more »
THE LEX COLUMN: Biotech adventures are in the genesUS mergers and acquisitions are dwarfed by the number of new players entering the market
Source: BDliveSA - 🏆 12. / 63 Read more »
WATCH | Explainer: Why are South African data prices so high?DataMustFall WATCH | EXPLAINER: Why are South African data prices so high?
Source: TimesLIVE - 🏆 28. / 59 Read more »
World stocks rebound slightly, weighed by Trump’s trade warEuropean stocks open higher but Asian markets and Wall Street fall as Trump says trade war with China could extend beyond the 2020 US election
Source: BDliveSA - 🏆 12. / 63 Read more »
Swiss asset manager GAM weighs cutting 40% of its workforceCEO Peter Sanderson to present strategies to restore profitability in mid-December
Source: BDliveSA - 🏆 12. / 63 Read more »
Will SuperSport cash in or lose out?SuperSport United are weighing their options on whether to sell winger Aubrey Modiba in the January transfer window before potentially losing him at the end of the season. trueG_88 What's the use bcoz Pitso won't play him....he sign's key player from threatening teams then he benches them....mxm
Source: SowetanLIVE - 🏆 13. / 63 Read more »