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SATURDAY, 20 APRIL 2024, 16:39

Business

News24 Business | Struggle veteran Khusta Jack embroiled in fronting row with I&J owner AVI

Tuesday at 17:28 PM, via Fin24

After paying R468 million in finance costs over 19 years for a R160 million loan to buy a fifth of AVI’s fishing division, which helped secure I&J commercial fishing rights for 15 years, Mkhuseli Jack’s Main Street 198 was paid “a negligible” R23 419 for its stake on exercise a call option by AVI, which had been the seller and the funder.

How did Benylin’s toxic ingredient go undetected?

Tuesday at 15:55 PM, via Moneyweb

‘We are currently running tests just to make sure that we get the facts and then if there are offences that have been committed against the Medicines Act, then we’ll impose our penalties,’ says Daphney Fafudi, manager of regulatory compliance at Saphra.

KZN floods: ‘Margate is a mess’

Tuesday at 13:03 PM, via Moneyweb

Here’s a round-up of news, including the latest on flooding in KZN, the Higher Education Department’s firing of the NSFAS board, and the importance of funding mental health initiatives.

South Africa has lost over 11,000 millionaires

Tuesday at 12:10 PM, via BusinessTech

The latest African Wealth Report for 2024 shows that South Africa has continued to bleed millionaires, adding to the steady decline over the past decade.

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