Subscribers can listen to this article
As beleaguered and rife with infighting as the Western Province Rugby Union may be, the ongoing saga regarding the potential acquisition of an equity partner neatly illustrates the complexity of private ownership in the local game. The Covid-19 pandemic, which has ground competitive play to a halt and necessitated an industry-wide cost-cutting plan that will save R1.2 billion this year, has shone a spotlight on the issue.
"Private equity" has become the buzz-phrase, so to speak, as concerns persist over the ability of South Africa's unions to stay afloat by relying on broadcasting revenue distributions and sponsors, who are feeling the pinch of a constrained economic environment.exclusive journalism and features
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.
Source: News24 - 🏆 4. / 80 Read more »
Source: News24 - 🏆 4. / 80 Read more »
Source: dailymaverick - 🏆 3. / 84 Read more »
Vunani proposes unbundling private equity businessIf it goes ahead, the move is intended to free up shareholder value and make a better investment case
Source: BDliveSA - 🏆 12. / 63 Read more »
SA is a laggard in the growing world of impact investingThis is an opportune time to explore alternative sources of return, such as those found in the real economy in infrastructure and private equity and debt
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: IOL - 🏆 46. / 51 Read more »