James Finlay, Tea Kenya lose certificationAn international body said it had suspended its certification for two major global tea companies after an investigation into a sexual.
Ascendis Health said on Friday it has placed one of its most important subsidiaries into business as it seeks relief amid an ongoing dispute with the South African Revenue Service.
Ascendis Health, a company battered in recent years by crippling debt, board shake-ups, and the constant threat of bankruptcy, says that while it is eyeing a return to operational profitability in the next few months, it's hinting it could still soon delist from the JSE.
Harry Smit, who helped lead a group of activist shareholders and won a seat on the board of the healthcare firm, says he was ousted due to ethics, but the firm says he is disgruntled after failing to win re-election.