Johann Rupert’s company sitting on R107 billion pile of cash
Reinet Investments has completed the sale of Pension Insurance Corporation, which has increased the company’s cash balance to over R100 billion.
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Johann Rupert’s company selling UK business for R65 billion
Johann Rupert-led Richemonth is selling its UK insurance business in a deal worth R65 billion, which should add to the group’s already massive pile of cash.
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BAT warned SA for years over illicit tobacco: CEO
Tadeu Marroco says the problem was never effectively addressed.
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BAT CFO unexpectedly steps down as turnaround takes shape
Shares in BAT have climbed about 50% since the beginning of the year.