Tokyo Sexwale’s Mvelaphanda empire has shrunk to a single investment, fuelling belief that his campaign to be president is about to begin in earnest.
A firm linked to Tokyo Sexwale’s Mvelaphanda is involved in a controversial loan to the West African country that has sparked an international furore.
A who’s who of the companies behind the billion-rand social grants tender has shown a lot of contradictions, and revealed more links to Tokyo Sewale.
BEE firm that will reap rewards from huge payout tender refuses to reveal its shareholders
Mvelaphanda Resources said on Thursday it would delist and cease to exist by early next year after selling its stake in Northam Platinum.
Gold Fields on Tuesday confirmed that Mvelaphanda Resources had taken receipt of its 15% shareholding in GFI Mining South Africa.
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/ 14 January 2009
Impala Platinum said on Wednesday it would not proceed with a R22-billion deal to buy Mvelaphanda Resources and its unit, Northam Platinum.
As the battle within the ANC rages on, the mixed messages emanating from Telkom’s head office suggest that it may be caught in a power struggle.
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/ 30 October 2007
South African investment firm Mvelaphanda has reached agreement with fund management group Allan Gray to buy up to 30% of Johnnic Communications’ media unit, it said on Tuesday. Mvelaphanda said it will buy a minumum of 25,1% and a maximum of 30% of Johncom’s media business, provisionally named Opco.