Author Archives: Yusuf Moses

VWSA pumps R500m into a new press shop

Volkswagen South Africa (VWSA) has started construction of a new R500 million press shop in its Uitenhage assembly plant. The investment is in addition to the R4.5 billion the car maker has invested in South Africa over the past four … Continue reading

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Strong ties bind Eastern Cape to journey to freedom

IT IS no small feat that Enoch Sontonga – born in Uitenhage in 1872 – composed South Africa’s national anthem, Nkosi Sikelel’ iAfrika. And that the designer of South Africa’s iconic flag – said to be the world’s third-best known … Continue reading

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Letting Rex off the lead

EMPOWERMENT icon Brimstone looks set to cause a flutter among the corporate fashionistas and perennially fashionable value investors. This week Brimstone signalled an intention to cast off its investment in fashion retailer Rex Trueform (RexTru). Brimstone acquired an effective 34.6% … Continue reading

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Boxing promoter may buy ailing Bay Utd

UITENHAGE-BORN businessman, Butityi Konki, may be in the queue to purchase ailing Port Elizabeth-based First Division soccer side Bay United. Konki, who is International Boxing Federation lightweight contender Ali Funeka’s business manager, said he would not have a problem being … Continue reading

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