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Picture: THINKSTOCK

HCI releases ‘flat set of results’

Hosken Consolidated Investments says main asset, interest in Tsogo Sun, continues to invest heavily in refurbishing, expanding facilities

AEEI scores with increased 25% stake in Saab Grintek Defence

Sekunjalo Investment Holdings CEO Khalid Abdullah. Picture: FINANCIAL MAIL

Valued at R120m, the deal looks attractive for AEEI with guaranteed annual dividends of R18m for first five years

Barclays Africa fails to placate activist investor

Maria Ramos. Picture: MARTIN RHODES

Shareholder activist Theo Botha tables 13 questions, including on delayed share-performance target and lower income from African operations

Niveus changes its dividend policy amid licence worries

Niveus originally indicated a willingness to pay half its headline earnings out in dividends

Investec full year net interest income up 8.9% to £539m

Investec. Picture: MARTIN RHODES

Investec Plc says net interest income for year to March up 8.9% to £539m, due largely to book growth, lower cost of funding in the UK and positive endowment effect in SA

Opinion

Friendly face of remittance services

Exclusivity agreements are preventing expansion into other African countries and are ultimately costing consumers


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