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LATEST NEWS FOR Grand Parade Investments Ltd.  

Grand Parade Investments Ltd. (GPI) is an established empowerment company, with holdings in the food and gaming sectors. The Company was founded in 1997 for the principle purpose of partnering with Sun International as its primary black economic empo... [more info]

Corporate magic and the whimsy of the authorities

23 Aug 2021 /  Ann Crotty  
The magic touch can be hard to replicate (ask Walmart) while the stance of the CompCom has become impossible to anticipate: a look at Massmart, Cambridge and Rhino, Burger King, York Timber and Net1 UEPS.

The case of the blind giant and the black investors’ ghetto

17 Jun 2021 /  Gordon Young   25
It’s difficult enough to sell a minority stake in any unlisted company; try doing it when the buyer needs to have the same or better BEE rating as you the seller.

Of second chances, strange logic, share dealings and votes

7 Jun 2021 /  Ann Crotty   5
US sanctions could give MTN a second crack at Ethiopian telecoms licence, CompCom confounds with Burger King decision, share dealings at Sibanye-Stillwater … and it seems something is up at Mpact.

Grand Parade sells stake in Burger King

19 Feb 2020 /  Melitta Ngalonkulu   3
Gaming and leisure company says yes to offer from private equity firm.

Grand Parade loses appetite for Burger King

4 Dec 2019 /  Nqobile Dludla, Reuters   2
Looking to sell a stake in the business.

Grand Parade appoints acting CEO as new head

28 Jun 2019 /  Naledi Mashishi, Reuters   1
Mohsin Tajbhai to take over officially from July 1.

Grand Parade Investments sees continued losses from Burger King

18 Mar 2019 /  Moneyweb   1
The company was dealt a blow by its Baskin' Robbins and Dunkin Donuts operations.

Five things making headlines in South Africa today

18 Mar 2019 /  Moneyweb  
Grand Parade Investments, Ascendis Health and Sun International results, load shedding and PwC's Steinhoff investigation.

Grand Parade warns of earnings plunge after Dunkin-Donuts, Baskin Robins exit

13 Mar 2019 /  Moneyweb  
GPI says it expects to make a loss per share of between R8.52 to R7.92.

Five things making headlines in South Africa today

13 Mar 2019 /  Moneyweb  
Mpact, Growthpoint results, Grand Parade warns of big losses, Group Five business rescue and more.

Grand Parade to close Dunkin’, Baskin Robbins in SA

15 Feb 2019 /  Noor Zainab Hussain, Reuters    10
Grand Parade wants to instead channel capital into its chain of Burger King outlets.

The shareholders have spoken

6 Dec 2018 /  Sasha Planting   3
A small group of Grand Parade shareholders succeeds in getting two out of four proposed directors appointed to the board.

Grand Parade’s truly extraordinary general meeting

1 Nov 2018 /  Sasha Planting   10
The meeting is adjourned as community shareholders demand that the issues be better explained.

SA’s gambling revenues up

31 Oct 2018 /  Arnold Segawa   1
But illegal casinos remain a concern.

It’s war, says Grand Parade chairman

11 Oct 2018 /  Sasha Planting   17
'Shareholders are attempting a hostile takeover.'

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