Rushaan Isaacs News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Rushaan isaacs. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Rushaan Isaacs Today - Breaking & Trending Today
After a spate of changes in its C-suite and major concerns about corporate governance, the results of South Africa’s biggest fishing company for the six months to March did little to inspire confidence. ....
Premier delivers a dividend along with a solid interim performance By Edward West Share JOHANNESBURG - Premier Fishing and Brands (Premier), one of South Africa’s largest black-owned and managed fishing groups, delivered a solid interim performance in the six months to February 28 and it further anticipated a good second half barring unforeseen events, chief executive Rushaan Isaacs said yesterday. A 5 cents a share dividend was declared. This was after “much work and dedication” by the group and its employees during a period in which operations and markets were affected by the Covid-19 pandemic, and a number of measures were taken to counteract this such as the multi-skilling of staff across operations, Isaacs said. ....
Everything media mogul Iqbal Survé touches is anathema to one of South Africa’s Big Four banks – the same bank that led the charge in cutting off the Gupta family from the banking system in 2016. amaBhungane has established that on 27 August 2020 Absa sent letters to every client directly or indirectly controlled by Survé’s Sekunjalo Investment Holdings, giving 60 days’ notice of termination of services. In subsequent court proceedings late last year, Absa general counsel Marthinus Janse van Rensburg insisted that “[Absa’s] continued association with customers in the Sekunjalo Group posed intolerable reputational, commercial and legal risks.” The companies cut off from their banking facilities include Survé’s main JSE-listed vehicle, African Equity Empowerment Investments (AEEI), its separately listed subsidiaries AYO Technology Solutions and Premier Fishing & Brands, and all subsidiaries of the three companies. Sekunjalo-controlled Independent Media ....
Gallo Images Absa has cut all ties with companies directly or indirectly controlled by Iqbal Survé s Sekunjalo Investment Holdings. The bank says keeping Sekunjalo companies as clients presents intolerable reputational, commercial, and legal risks . The decision was kept secret for seven months – until a chance remark in Parliament two weeks ago. Everything media mogul Iqbal Survé touches is anathema to one of South Africa s big four banks – the same bank that led the charge in cutting off the Gupta family from the banking system in 2016. AmaBhungane has established that on 27 August last year, Absa sent letters to every client directly or indirectly controlled by Survé s Sekunjalo Investment Holdings, giving 60 days notice of termination of services. ....