Author: PageOne

Sky Italia gets equity in V-Nova
Global

Sky Italia gets equity in V-Nova

Sky PLC, said its subsidiary in Italy, Sky Italia has converted into a minority equity stake in V-Nova, a GBP4.5 million financing it provided to V-Nova. V-Nova is a London-based company developing video compression technologies. 1. References to V-Nova are to V-Nova International Limited 2. Gross assets subject to the […]

The ‘wahala’ of dating outside your social class
views

The ‘wahala’ of dating outside your social class

We grew up watching classics like Cinderella, Coming to America, Pretty Woman, Nollywood’s Violated and a couple of other movies where love conquered the social class divide. Fast forward to 2017, the Internet rules; anyone can meet anyone, and nobody kicks up a fuss about cross-class relationships or marriages anymore. […]

Global

Prudential picks Mark FitzPatrick as CFO

Prudential PLC said Mark FitzPatrick will be succeeding mr. Nic Nicandrou as the Chief Financial Officer and an Executive Director of the global insurance group. The group said Nic Nicandrou who was the former Chief Financial Officer and an Executive Director will be taking over as the Chief Executive of […]

Rio Tinto settles USD2.5 billion bond notes
Global

Rio Tinto settles USD2.5 billion bond notes

Rio Tinto, the world’s largest producer of Iron Ore said it has cut down its debt by uSD2.5 billion by completing its bond tender and redemption exercises. The nominal value of its outstanding bonds from has been cut from approximately USD21 billion to about USD9.5 billion. The company disclosed that […]

Danie Botes, CEO of MMI Holdings resigns
JSE SENS

Danie Botes, CEO of MMI Holdings resigns

A sudden wave of resignation has hit MMI Holdings as Chief Operating Officer Danie Botes and Chief Executive of Momentum Retail Etienne de Waal have resigned to pursue other interests. The company said Both Danie and Etienne were with the group for more than 20 years and leave a lasting […]