In an increasingly unstable world, defence systems are big business and Africa offers growth opportunities. With an eye on new business, defence group Saab SA has brought JSE-listed Sekunjalo Investment Holdings Limited on board as a shareholder.

Sekunjalo Investments Limited, a black controlled investment holding company has been named the country’s most empowered company.  This prestigious award was released today by the Financial Mail/Empowerdex Top Companies Awards for 2010.

CAPE TOWN — A new study commissioned by private hospitals has cast doubt on the African National Congress’s (ANC’s) proposals for national health insurance (NHI), raising tough questions about its affordability and feasibility.

The Grand Parade Traders, who were relocated to strategic sites in close proximity to the Parade in order to make way for the FIFA Fan Fest, will receive a major marketing boost from the City of Cape Town ahead of the 2010 FIFA World Cup event by receiving business training from a well known service provider.

SEKUNJALO is poised to position itself as a "partner of choice" for international companies in SA, as it uses its credentials as a leading empowerment group to "assist with lobbying and understanding how Africa operates", CEO Khalid Abdulla said yesterday.

Johannesburg — ESKOM said on Friday Siemens would not benefit from new contracts financed through the World Bank loan for the Medupi power station because of a settlement agreement between the bank and Siemens following the company's admission of corruption in some of its businesses.

Sekunjalo subscribes for up to 25% shareholding in SAAB SA and completes new strategic agreement with SAAB AB with strong focus on the defence sector in sub-Saharan Africa and withdrawal of cautionary announcements

The crowning of Sekunjalo Investment Holdings Limited as the most empowered company on the JSE comes with symbolic significance — and this may weigh far more than the numbers achieved by the group in the 2010 Top Empowerment Companies (TEC) survey.

PREMIER FISHING, the smallest of the big four Cape Town fishing companies, found itself in a sea of red in the year to end September 2009.  After sector leader Oceana Fishing released strong financial results in 2009, expectations were that Premfish could see a strong rebound in performance in the second half of its financial year.