New investment firm eyes BSE listing
Thursday, June 25, 2015
Tumelo
The greenfield venture, which recently concluded a P90 million private placement, has already been granted regulatory approval to list 240 million ordinary shares on the Venture Capital board of the BSE.
Local fund managers such as African Alliance, Investec and Afena Capital participated in the private placement giving them a respective 25 percent, 7.5 percent and 5.5 percent shareholding in Afinitas.
It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...