What Cipla Medpro's buyout deal REALLY means for you…
Cipla Medpro South Africa's shareholders have approved a $512 million offer from Indian drugmaker, Cipla. In addition, Cipla Medpro has announced it'll delist from the JSE in September. But don't panic at the news. It's actually a good thing. Here's what this means for investors and the local [read more...]Despite being taken for a ride, ever-loyal Fidentia investors are standing behind J Arthur Brown
J Arthur Brown of Fidentia finally received his sentence from the Western Cape High Court yesterday. He faces a fine of R150,000, which he's already paid. Failing that, he'd face 36 months in prison based on two counts of fraud. Now, proving their loyalty to Brown, about 500 ex-mineworkers are [read more...]The secret's out: The Rand Refinery's looking to boost profits by setting up shop overseas!
Domestic production of gold is on the decline. And this could have huge impact on gold producers in general. That's why the Rand Refinery's taken heed of this and embarked on a strategy to reduce its reliance on processing South African gold by looking overseas… [read more...]