Category Archives: Business

Volkswagen unveils SA investment plans in Uitenhage and Pretoria

Posted on June 17, 2010 by Ramon Thomas

Europe’s biggest automaker Volkswagen said on Thursday it would expand its South African operations with investments in a plant in Uitenhage and a distribution centre near Pretoria. VW said it would invest about €70 million ($85 million) on top of … Continue reading →

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Letting Rex off the lead

Posted on March 8, 2010 by Yusuf Moses

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

Posted on March 8, 2010 by Yusuf Moses

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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Online war by fans in bid to have last Citi

Posted on November 16, 2009 by Yusuf Moses

DIE-HARD Citi Golf fans are at war over who will win the bid for the last available VW Citi – rated as a highly collectible piece of history. The website bidding on the iconic car started on November 3 at … Continue reading →

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