Opec chief says blame policymakers, lawmakers for oil price rises
The potential to unlock a R12bn investment into the Rainbow Junction Mega Mixed-Use Development in Pretoria is now also in jeopardy
The finance minister says the allegations are ‘fashioned to achieve narrow and selfish political ends’
The US has the highest number of monkeypox cases globally, accounting for almost a third of the world’s infections
Spending allocations to increase to R812bn for the next three years, says finance minister
Food Safety Agency tells retailers and food producers it will seize vegan products with names that it says are for meat
England captain leads fight back but Jansen and Maharaj put on 72 for seventh wicket to put SA in control
William Ruto wins Kenya’s election, the Marikana massacre commemorated, India celebrates 75 years of independence, protests in Cape Town, and more
RECM & Calibre (RAC), spearheaded by asset managers Piet Viljoen and Jan van Niekerk, has timed its transformation from a diversified investment counter to a cash-spinning gaming company to perfection, with subsidiary Goldrush notching up record profits and paying a maiden dividend.
On Friday, RAC, which was listed 12 years ago, confirmed it will distribute its remaining holding in listed investment company Astoria to shareholders via a dividend in specie. Astoria still holds a number of RAC’s original investments, such as niche retailers Outdoor Holdings, diamond miner Trans Hex and private education business ISA Carstens. The group has also sold out of its remaining units in the RAC Flexible Value Prescient QI Hedge Fund...
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