A post template

No image available
/ 24 July 2003

Empowerment consortium makes offer for Nail

With the backing of New Africa Investments Limited’s (Nail) major institutional shareholders, an empowerment consortium comprising Safika Holdings, Tiso Private Equity Fund, the Mineworkers Investment Company (MIC) and Investec Bank Limited has made a firm offer to acquire 100% of the issued share capital in Nail.

No image available
/ 24 July 2003

Cosatu closes ranks as strikes loom

The Congress of South African Trade Unions (Cosatu) on Thursday stated that it fully supported its affiliates, the National Union of Mineworkers and the National Union of Metalworkers of South Africa, in their wage disputes with employers in the mining, steel and engineering sectors.