FIFA sponsors to lose $100bn brand value

Visa, McDonalds, Coca-Cola, Hyundai, Budweiser and Adidas are among the major companies that have set out to build their brands through association with international football, the World Cup and the now embattled organisation that oversees it, FIFA. For a fee now in...

Mint Electronics acquires stake in CZ

The first South African built smartphones and tablets are to be launched within the second half of 2014 by Mint Electronics. This follows a landmark deal in which Mint Electronics, a subsidiary of Sekoko Holdings, has acquired a 75% shareholding of CZ Electronics CZ...

Link acquires majority stake in Esop Shop

Link Market Services (Link), a leading provider of share registry and associated value-added services in Australasia has acquired a 70% equity stake in South Africa’s The Esop Shop, a company that provides expert advisory services on the design and establishment of...

Powertech sells stake in Tridonic

Powertech, a wholly owned subsidiary of the JSE-listed Altron group, has sold its 50% stake in Tridonic SA to Tridonic, Austria. The transaction will take effect on 1 February 2014. Tridonic SA had been a joint venture between Powertech and Tridonic Austria since...