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/ 18 November 2000
SOUTH Africa’s Primedia has agreed to buy Kagiso Media Ltd in a share and cash deal, giving the media and communications group better access to the large black market. The deal involves the issue of 14.77 million Primedia ordinary combined units – which closed at R6.30 on Wednesday – and the payment of R257m in […]
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/ 18 November 2000
MINERALS explorer Barnato Exploration Ltd (Barnex) said this week the government of Ghana was seeking to abrogate the company’s mining rights in the West African country. Barnex was negotiating the sale of its gold mining assets in Ghana, specifically a 90% interest in subsidiary Barnex Prestea to Denver-based Golden Star Resources. It said the government […]
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/ 18 November 2000
CLOTHING retailer Edgars Consolidated Stores (Edcon) reported a sharp decline in interim earnings and said it did not expect an improvement at year-end. Edcon reported headline earnings per share at 98 cents versus R1.46 previously. The dividend for the six months to September 30, 2000, was 36 cents from 55 cents last time. Edcon had […]
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/ 18 November 2000
SOUTH African state-owned defence group Denel Ltd said this week Flip Botha had been appointed as chief executive officer with immediate effect. Botha was previously acting CEO of the group, and has overseen the restructuring of Denel, reduction of the group’s losses to R206m in the 2000 financial year from R745m in 1999 and expansion […]
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/ 18 November 2000
FINANCIAL services group BoE has reported a 13% increase in its annual earnings per share and said it was confident of sustainable EPS growth of over 20% in the year ahead. BoE said proforma headline earnings per share were up at 45.3 cents for the year to end-September from a proforma of 40.0 cents the […]
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/ 18 November 2000
THE diversified trading and services group Bidvest has launched an e-commerce project which it said would enable 750 companies and 350 000 customers and suppliers to trade electronically. By the end of June 2001, Bidvest said it would establish a business-to-business electronic marketplace called mymarket.com. The group, which has annual turnover of more than R26bn, […]
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/ 17 November 2000
For the first time since the M-Net All Africa Film Awards opened up the whole continent in 1995, the grand prize stayed at home with Gavin Hood’s <i>A Reasonable Man</i> taking top honours.
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/ 17 November 2000
Last week about 150 members of the film and TV industry met at the Sandton Convention Centre with their European counterparts for the first ever European/South Africa Film Symposium. Organised by the National Film and Video Foundation and the Department of Arts, Culture, Science and Technology at a cost of R1,2-million the three-day symposium was a think-tank on how the industry can develop.
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/ 17 November 2000
The transatlantic love affair between England and America is perfectly understandable. England has the weight of history behind it, while America is its most successful former colony. The language, with all its economic and cultural implications, has travelled from a green island to a wealthy mainland to the ever-expanding boundaries of outer space.