A step closer to Sharemax successor`s shareholder register NGHC dismisses bulk of Nova, Frontier and Centro’s interlocutory application. A swift judgment in the North Gauteng High Court (NGHC) has paved the way for Moneyweb’s application to inspect the shareholder registers of several companies related to the restructured Sharemax investment scheme. Judge Neil Tuchten dismissed the most contentious request from the Nova Property Group, Frontier Asset Management and Investments and Centro Property Group to force Moneyweb journalist Julius Cobbett to hand over all his correspondence with third parties during his extended Sharemax investigations.
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Nova Property CEO on Absa, Grindrod funding issues Dominique Haese says "funding is in no way related to the Sharemax or SARS issues." ANDRIES VAN ZYL: You are listening to RSG Geldsake presented by Moneyweb. The Sharemax property syndication, which is facing a liquidation application by the South African Revenue Service, is once again in the news because, according to a communiqué, the Nova Property Group, which has taken over the interests of the Sharemax investors, has been unable to access critical funding from Absa and Grindrod banks. Tonight we are talking to the Nova Properties incoming chief executive, Dominique Haese. Good evening, Dominique. DOMINIQUE HAESE: Good evening, Andries. We appreciate the opportunity.
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LETTER FROM LONDON: A snub and a murder raise unfortunate headlines | Columnists | BDlive SA made the headlines in the UK for all the wrong reasons again on Monday morning. The top news items, rightly so, were on the killing of Bafana Bafana and Orlando Pirates captain Senzo Meyiwa. His death is a loss too great to quantify for his family, loved ones, fans and the nation. But it is the manner of his death that reinforces the view that SA is a violent, gun-crazy nation, where life is cheap. From the Marikana massacre to the killing of Reeva Steenkamp by Oscar Pistorius, much of the news coverage here is about violence in SA. It’s tough to get a positive message out amid all of that. And there are many positives about our country — we’re not exclusively about crime and violence. This week, SA’s image was to be burnished by a series of planned events. Instead, diplomatic relations between SA and the UK have become rather awkward.