LATEST NEWS FOR Brimstone Investment Corporation Ltd.  

Brimstone is a black controlled and managed investment holding company incorporated and domiciled in the Republic of South Africa, employing in excess of 4 500 employees in its subsidiaries and more than 24 000 in its associates and companies in whic... [more info]

Market Watcher

3 Sep 2019 /  Moneyweb  
Maudi Lentsoane – CEO, Lehumo Investments

Five things making headlines in South Africa today

12 Apr 2019 /  Moneyweb  
Brimstone exits Clover transaction, opening of Sasol colliery, Empowerdex faces suspension, Barloworld launches BEE offer, rand update.

Brimstone to exit Clover deal on anti-Israel pressure

12 Apr 2019 /  Ana Monteiro and Antony Sguazzin, Bloomberg    1
Brimstone is in talks with a replacement shareholder which could see it exiting its full shareholding in Milco.

Brimstone reviewing buyout offer for Clover

UPDATE
7 Feb 2019 /  Emma Rumney, Reuters    3
Brimstone to revisit its role on the deal after a boycott and divestment group voiced its opposition due to the participation of an Israeli firm. 

Tiger Brands sells first chunk of Oceana

24 Jan 2019 /  Sasha Planting  
Longstanding BEE partner, Brimstone, increases its stake.

Fishing in chartered waters

24 Aug 2018 /  Sasha Planting   1
‘We knew future growth in South Africa would be limited by regulation’ – Oceana CEO.

A conflict of interest and possible corruption

22 Feb 2018 /  Sasha Planting   4
Benguela Global raises concerns about Oceana’s Daybrook deal.

Brimstone sells down stake in Life Healthcare

7 Feb 2018 /  Nqobile Dludla, Reuters  
Company says disposal took place in various tranches and was completed on February 2.
Moneyweb Investor

Sea harvest looks positive for shareholders

12 Sep 2017 /  Lizelle van Rooyen  
Industry dynamics result in premium pricing.

Corporate finance activity of the week

24 Mar 2017 /  DealMakers  
Life Healthcare, Sea Harvest, Tiso Blackstar, Aveng and others.

Tiso Blackstar’s management do not go empty-handed

27 Oct 2016 /  Ciaran Ryan   3
Shareholders are willing to put up with directors rewarding themselves well, provided they too get to share in the loot.

‘Director dealings’ – what this means

14 Jul 2016 /  Keith McLachlan   2
There is a big difference between knowing the inner workings of a business and knowing how much its shares are worth.

Resources experience significant uptick

11 Apr 2016 /  Siki Mgabadeli  
Weak dollar positive for EM currencies, Comair up 9% and potential Brimstone acquisition - Carmen Mpelwane - Seriti Asset Management.

Brimstone takes its medicine

1 Mar 2016 /  Sasha Planting  
Expects a better performance from insurer, Lion of Africa, in coming months.

Old Mutual exec takes reins at Lion of Africa

1 Dec 2015 /  Hanna Barry  
Following fraud investigations at the troubled insurer.

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