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After its unbundling by holding company Johnnic earlier this year, media group Johnnic Communications has become one of the most eligible maidens on the stock exchange. The problem is, the cost of its lobola has screamed up over the past two years. Johncom's share price is up 28% since its unbundling in March and this sets the bar that much higher for any potential suitor.
The last two weeks were the most expensive in Gold Fields's history. It plonked deals worth about R25-billion on the table, in the process establishing itself as the world's top gold mining group in terms of ounces in the ground. Recently, it unveiled a R4,7-billion investment aimed at deepening its flagship Driefontein and Kloof gold mines, giving it access to an additional 10,8-million ounces of gold.
Discovery Life has thrown its hat into the retirement funding ring with the launch of Optimiser, a product the company says is made-to-order for those fed up with the high costs and lack of transparency in a much-criticised industry. This comes at a time when the government is overhauling the country's retirement funding regulations.
Nedcor executives walked off with pay checks worth R109-million in 2002, having presided over the destruction of a quarter of the bank's capital last year. Last week the bank announced a staggering R1,6-billion loss. Were Nedcor figures massaged to enrich executive carpetbaggers?
After its unbundling by holding company Johnnic earlier this year, media group Johnnic Communications has become one of the most eligible maidens on the stock exchange. The problem is, the cost of its lobola has screamed up over the past two years. Johncom's share price is up 28% since its unbundling in March and this sets the bar that much higher for any potential suitor.
The last two weeks were the most expensive in Gold Fields's history. It plonked deals worth about R25-billion on the table, in the process establishing itself as the world's top gold mining group in terms of ounces in the ground. Recently, it unveiled a R4,7-billion investment aimed at deepening its flagship Driefontein and Kloof gold mines, giving it access to an additional 10,8-million ounces of gold.
Discovery Life has thrown its hat into the retirement funding ring with the launch of Optimiser, a product the company says is made-to-order for those fed up with the high costs and lack of transparency in a much-criticised industry. This comes at a time when the government is overhauling the country's retirement funding regulations.
Nedcor executives walked off with pay checks worth R109-million in 2002, having presided over the destruction of a quarter of the bank's capital last year. Last week the bank announced a staggering R1,6-billion loss. Were Nedcor figures massaged to enrich executive carpetbaggers?







