Business In The News South Africa

CoAL fulfils all conditions to acquire Pan African’s Uitkomst Colliery

JOHANNESBURG, June 26– Coal of Africa (CoAL) announced on Monday that all conditions for the acquisition of Uitkomst Colliery Proprietary Limited from the precious metals producer, Pan African Resources PLC, had now been fulfilled. This follows Uitkomst Colliery having entered into a supply of coal agreement on terms acceptable to CoAL. In April, CoAL entered […]

Business In The News South Africa

FSB provisionally suspends JVN Asset Management (Pty) Limited

PRETORIA, June 24 – The registrar of financial services providers has provisionally suspended the authorisation of JVN Asset Management (Pty) Limited to act as a financial services provider with immediate effect. The decision follows the registrar receiving concerning information about the operations of JVN between March and June 2017, Financial Services Board (FSB) spokeswoman Tembisa […]