Allied Mobile Africa announced today that they have signed a strategic finance and partnership agreement with the Public Investment Corporation (PIC) for debt funding facility of $ 55 million (approximately R800million). The facility is to drive the company’s growth in South Africa as well as their expansion on the rest of the African continent. From its […] Read … [Read more...] about Allied Mobile Africa and PIC sign $55 million funding agreement
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Sandton’s R50 Million Penthouse
Michelangelo Towers is an iconic property development in Sandton that has become synonymous with an exclusive luxury lifestyle. Photo: Pam Golding Properties High net worth individuals still looking to buy and sell in Sandton city centre. Sandton homes may not always fetch quite the prices of upmarket coastal residential property in Clifton in Cape Town, but luxury apartments … [Read more...] about Sandton’s R50 Million Penthouse
2 arrested with R1.9 million worth of drugs in Gugulethu
Cape Town – Two people were arrested when drugs with a street value of R1.9m was found under the back seat of a car in Gugulethu in the early hours of Saturday morning, Western Cape police said. At around 01:05 police followed up on information they received about the vehicle, Constable Noloyiso Rwexana said. “A […] The post 2 arrested with R1.9 million worth … [Read more...] about 2 arrested with R1.9 million worth of drugs in Gugulethu
Walk for R3 Million
The University of Johannesburg (UJ) will help needy students take the next step towards a tertiary education with the UJ Future Walk in Auckland Park on Sunday, October 18. The event, which is a joint initiative of the University’s Sport and Student Finance departments, aims to raise R3 million towards bursaries for underprivileged, academically deserving students at UJ. … [Read more...] about Walk for R3 Million
Organiser of 2010 World Cup admits paying $10 million to FIFA
Johannesburg, June 1 The former president of the local organising committee for the 2010 World Cup in South Africa, Danny Jordaan, admitted that the organisation he headed paid $ 10 million in 2008 to FIFA, although he denied that it was a bribe. Jordaan’s remarks, published on Sunday in the Sunday Independent, comes days after an FBI investigation accused top FIFA … [Read more...] about Organiser of 2010 World Cup admits paying $10 million to FIFA
