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R530m from doomed UIF investment flowed to shareholders' offshore accounts

PIETER-LOUIS MYBURGH

The Unemployment Insurance Fund's R1.37bn investment in troubled consumer goods group Bounty Brands was effectively wiped out following a series of defaults on debts. But mere months before the crisis, an offshore company along with other Bounty Brands shareholders received more than R500m in dividends bankrolled with UIF money... read
Ogilvy promotes 'own-grown' talent

ISSUED BY OGILVY SOUTH AFRICA

We are very proud to announce the promotion of Ndu Donsa to head of strategy for Ogilvy South Africa's Johannesburg office...read
Bio-Gate sets its sights on orthopaedics
Bio-Gate has signed off a co-operation agreement with a leading multinational implant manufacturer...read
Buy-to-let investors now targeting high-end rentals
According to Berry Everitt, CEO of the Chas Everitt International property group, buy-to-let activity is on the rise once again...read
CSI & Sustainability
Why eco-consciousness is a smart long-term business strategy

ZUKO MDWABA

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Lifestyle
Cape Town's Fyn makes global 50 Best list
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Logistics & Transport
Imperial aquires 100% stake in J&J Group
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