Mvelaphanda
latest news & developments
Tokyo Sexwale’s Mvelaphanda empire dwindles
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.
Tokyo-linked company in Guinea row
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.
Share register links Sexwale to R10bn tender bid
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.
Grant-tender beneficiary flouts the law
BEE firm that will reap rewards from huge payout tender refuses to reveal its shareholders
Mvela sets in motion process to delist
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 seals BEE deal with Mvelaphanda
Gold Fields on Tuesday confirmed that Mvelaphanda Resources had taken receipt of its 15% shareholding in GFI Mining South Africa.
Implats ends talks to buy Northam, Mvela
Impala Platinum said on Wednesday it would not proceed with a R22-billion deal to buy Mvelaphanda Resources and its unit, Northam Platinum.
Funny business at Telkom
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.
Mvela to buy up to 30% of Johncom media
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.…