Advertisement

Afinitas acquires 50% stake in London conference

Tumelo
Tumelo

The newly listed investment firm, Afinitas Limited has acquired a 50 percent stake in the annual Africa Financial Services Investment Conference (AFSIC).

Afinitas executive director, Leutlwetse Tumelo told Mmegi Business on Tuesday that the acquisition is a step in the right direction for the company as it now has a subsidiary.

The 50 percent stake in the London-held conference is being bought for a nominal fee of $100 (P1,040) as its beneficial owner, Rupert McCammon,  is also a majority shareholder in Afinitas.

Advertisement
Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

Have a Story? Send Us a tip
arrow up