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‘Black public’ offer for shares in Barloworld property spin-off oversubscribed

5th June 2019 Industrial group Barloworld reports that the public-offer component of its Khula Sizwe Property Holdings empowerment transaction was oversubscribed, with over 50 000 applications received and the R164-million funding target met. The offer, which was open to black investors only, closed on May 31.... 

Prestigious Sponsors Get Behind SAPICS Conference

29th April 2019 Prestigious sponsors that include Barloworld Logistics and software solutions specialist SYSPRO have confirmed their support of the upcoming annual SAPICS Conference, Africa’s leading knowledge sharing and networking event for supply chain professionals, which is hosted by SAPICS, The... 

Barloworld optimistic ‘black public’ will take up offer to invest in new property group

25th April 2019 Industrial group Barloworld is optimistic that qualifying black South Africans will respond positively to its offer to buy a maximum of 30% of the shares available in a new black-owned property company, called Khula Sizwe Property Holdings, being created as part of a larger R3.5-billion... 

Keeping it Fresh Between Farm and Fork

27th March 2019 The South African food retail industry is estimated to be worth around R460 billion, despite this, alarmingly roughly 33% of all food is lost between production and consumption, creating waste and impacting on food security. With the local population expected to grow by approximately 2 million... 
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Salga appoints new president

The South African Local Government Association’s (Salga's) National Executive Committee has appointed Councillor Thembisile Nkadimeng as president of the association.  She succeeds former Salga president Parks Tau, who has been appointed Deputy Cooperative Governance and Traditional Affairs... 

Mergence’s investment in Namibian solar plant signals further localisation

Local asset manager Mergence Unlisted Investment Managers (Namibia) has bought a majority stake in the 6 MW Momentous Solar One plant, near Keetmanshoop, in Namibia. “The purchase of a majority stake in the Keetmanshoop project signals a positive trend to localisation of the industry – a solar... 
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