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Nutritional Holdings in about-turn as it sells loss-making division

19 May 2021 - 20:24 Katharine Child Picture: 123RF/ERIC LIMON Penny stock Nutritional Holdings has issued its fourth clarification announcement in the past six weeks, backtracking on its public statement that its loss-making dry foods division had been placed in business rescue. The company, valued at R167m, grows cannabis in Lesotho under its Ukusekela division and also owns Nutritional Foods, which sells maize-based foods to schools and prisons and has posted losses for the past seven years. Nutritional Holdings, whose shares were unchanged at 1c on Wednesday, stated on JSE news service Sens on February 25 that the food business had been placed in business rescue to “stop the haemorrhaging of funds”. 

Following butcher case, law expert warns of Covid-19 dangers at work

Following butcher case, law expert warns of Covid-19 dangers at work Share Pretoria - Law expert Andre Visser has warned of the difficulty faced by both employers and employees to properly address the prevalence of Covid-19 within the workplace. Visser was commenting on the case of a butcher at processed meat manufacturer Eskort, who went to work after testing positive for Covid-19 and even hugged a colleague who suffered from comorbidities. The worker was eventually dismissed and the decision confirmed by the Labour Court “I believe that the conclusion reached by the court in this instance was correct and justified, but each matter must be considered on its own merits, before a conclusion is reached,” said Visser, a partner at law firm DLA Piper.

New Bitcoin ETF planned for South Africa

New Bitcoin ETF planned for South Africa
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