Jacobs Capital & Vulindlela Holdings Invest in Summit Crane Hire: L-R) Clint Correia (Summit financial director), Nomfobe Ndzelani (Summit HR manager), Leonard Openshaw (Summit operations director), Michael Grant (Summit CEO) & Tyrone Bricknell (Jacobs Capital investment manager) Photo: Sean Mills Private equity investors, Jacobs Capital and Vulindlela Holdings, have purchased a majority stake in leading mobile crane hire company, Summit, for an undisclosed sum. The company, which is the … [Read more...] about Jacobs Capital & Vulindlela Holdings Invest in Summit Crane Hire
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PE in the news: APM Terminals to Invest in Port Elizabeth Terminal
APM Terminals to Invest in Port Elizabeth Terminal: Investment will enable one of the largest ports in the U.S. to receive larger vessels. APTM in Port Elizabeth, N.J., preparing for increased loads from vessels transiting Panama Canal. Port Authority of NYNJ has ten year capital investment campaign for ... Source: "Port Elizabeth" - BingNews. Fatal dog attacks & dogfighting explode in South Africa: CAPE TOWN, South Africa––Faith Hendricks, 18 months old, was on September 1, 2016 killed in … [Read more...] about PE in the news: APM Terminals to Invest in Port Elizabeth Terminal
PE in the news: Chinese to Invest $819 Million in South African Car Industry
Chinese to Invest 9 Million in South African Car Industry: Beijing Automotive International Corp. signed the deal with the Coega Development Corporation, the operator of an industrial development zone in South Africa’s southern coast city of Port Elizabeth, Coega said in an e-mailed statement on Friday. Source: "Port Elizabeth" - BingNews. Dolly Parton reveals secret to her 50 year marriage: There’s just some kind of a rawness about her music that I relate to." Studio Tel (Port Elizabeth): … [Read more...] about PE in the news: Chinese to Invest $819 Million in South African Car Industry
5 Quick tips for first time investors
For someone who has never been exposed to the world of investments, deciding to enter this space can be daunting. However, in order to get started as an investor; the first step is to acquire as much information as possible. Carin Mayer, Head of FNB Share Investing, says "The first step is to move away from the misconception that investing is for wealthy people – anyone who has the will can start investing, it does not require large amounts of money. Some banks and asset management companies … [Read more...] about 5 Quick tips for first time investors
Use festive season profits wisely
Given the current tough economic conditions locally and the highly uncertain business environment, SMEs should fully capitalise on the opportunities presented by the busy festive period by saving and investing profits wisely. Similarly, business owners that are less busy should avoid shutting down and going on holiday early, but rather use the quiet period to review their business plans and adequately prepare for the months ahead. Elize Giese, Head of Business Investments at FNB says … [Read more...] about Use festive season profits wisely
