Brainworks JSE IPO seeks to raise $25mln

HARARE, June 13  (The Source) –  Zimbabwean investment group, Brainworks Capital says it plans to list on the Johannesburg Stock Exchange (JSE) later this year, with an Initial Public Offer (IPO) that seeks to raise about $25 million set for next month. The Mauritius-domiciled Brainworks… Read More

Investor snaps 17.6 mln African Sun shares

HARARE, January 13 (The Source) – An investor, believed to be Brainworks, on Monday acquired over 17.6 million African Sun shares from local investment group, Eqivest for $495 000. Brainworks Capital Management, through its subsidiary Lengrah Investments increased its shareholding in the hotel group to… Read More