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March 24, 2022
Check out the stocks that will be in focus during trade today based on recent and latest news developments.
March 21, 2022
Tlou Energy Ltd has confirmed that the contract for the construction of the transmission line to connect the Lesedi Power Project to the Botswana's electricity grid has been signed.
May 27, 2021
Singular Health Virtual Surgical Planning (“VSP”) and investment into Australian Additive Engineering Pty Ltd (“AAE”) (“Transactions”). Scan to SurgeryTM is a disruptive technology and process that revolutionises the planning and execution of surgical procedures, reducing cost and improving patient outcomes. Scan to SurgeryTM addresses a $4.48B opportunity1 combining medical visualisation software with additive manufacturing, a unique set of technologies and innovations that are tra...
May 4, 2021
Builders and cafes hit as insolvencies spike 36 per cent A high-profile building company was among the 60 Queensland firms collapsing last month as the end of subsidies put increased pressure on finances. Business by Glen Norris Premium Content Subscriber only High-profile building company PlanBuild and a famous North Queensland restaurant were among the Queensland firms that collapsed last month as the end of subsidies such as JobKeeper put increased ...
April 1, 2021
More businesses collapse in March The latest lockdown could push some firms over the edge as dwindling cashflow exacerbated their already weak financial position. Business by Glen Norris Premium Content Subscriber only The latest Brisbane lockdown could push more firms over the edge as dwindling cashflows, particularly in the hospitality sector, exacerbated their already weak financial position. A total of 44 Queensland firms entered either liquidatio...
February 4, 2021
Companies ordered to pay back money linked to Gauteng PPE tender News24 Wire Picture for illustration. Nurses at work at the Nasrec Expo Centre to house coronavirus patients, Johannesburg, 14 April 2020. Picture: Twitter / SABC The multimillion-rand PPE tender was issued by the Gauteng health department. The Special Tribunal has ordered that almost two dozen companies which received money from the through a personal protective equipment (PPE) tender awarded to Ledla Structural Development...
February 4, 2021
Getty Images A number of companies which received money from Ledla Structural Development have been ordered to pay the money back to the state. This, after the PPE tender awarded to Ledla by the Gauteng Health Department, was reviewed and set aside. The SIU found that Ledla was a proxy for Royal Bhaca Projects, a company owned by the politically connected Madzikane ll Thandisizwe Diko. The Special Tribunal has ordered that almost two dozen companies which received money from the Gauteng Departm...