2025 Tax Brackets and Income Tax Rates
As we progress through 2025, understanding how your income will be taxed is crucial for better financial planning. Whether you’re […]
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Finance News
Tongaat Hulett Equity Plan: Vision Investments to Acquire 97.3% Stake Amid Delisting Risks
- Tongaat Hulett Limited implements a business rescue plan involving an equity subscription.
- Vision Investments will acquire 97.3% of THL’s share capital through the subscription.
- Shareholders face potential delisting risks despite plans to retain THL on the JSE.
Clicks Group Sells Unicorn Pharmaceuticals, Clears Path for New Licenses Amid Legal Resolution
- Clicks Group will sell its stake in Unicorn Pharmaceuticals to comply with a Constitutional Court judgment.
- The sale will allow the Department of Health to issue new retail pharmacy licenses to Clicks Group.
- The divestment supports Clicks Group’s expansion in providing accessible healthcare across South Africa.
Brait PLC Reports Strong Financial Year with Key Assets Showing Robust Growth and Profitability
- Brait PLC’s FY 2024 results showcase impressive growth and profitability across key assets.
- Virgin Active’s EBITDA surged to £80 million, up from £33 million in September 2023.
- Premier recorded a 19% EBITDA growth to R2.1 billion, with a leverage ratio of 0.9x.