news
the shareholders have spoken
A small group of Grand Parade shareholders succeeds in getting two out of four proposed directors appointed to the board.
Former judge of the Cape High Court, Alex Abercrombie has been a non-executive director of Grand Parade Investments for 21-years and he has no intention of taking efforts to remove him as a director lying down.
6 December 2018
shake-up at burger king franchise owner
Consumer brand experts Mark Bowman and Ronel van Dijk have been brought on board as nonexecutive directors of GPI.
Next week’s AGM of embattled empowerment group Grand Parade Investments (GPI), which owns the master franchise for Burger King in SA, should be an intriguing affair after a group of shareholder activists, speaking for 12.5% of the company, appointed two new directors to the board on Wednesday night.
taking stock – a business day TV interview with westbrooke’s jarred winer
aking Stock – A BDTV interview with Westbrooke’s Jarred Winer Click here to watch
3 December 2018
now possible to invest in a diversified portfolio of S12J funds to significantly reduce your tax
Monday, 26 November 2018: Section 12J season opens once more allowing South Africans to write off 100% of the investment against their taxable income. There are more than 100 registered Section 12J companies in South Africa and is estimated that the market has raised more than R3.6 billion in investments.
26 November 2018
brutes air rental solutions
Background Brutes Air Solutions is an importer and distributor of high-end oil-free and oil-injected air compressors. The company, which was…
12 November 2018
sepsci lab rentals
Background SepSci Lab Rentals is an equity partnership between Westbrooke Alternative Rental Income Assets Ltd (“Westbrooke Aria),a Section 12J Company,…
mobile macs rentals
Background Mobile Macs was founded in 2015 when the entrepreneurs who started the businesses identified a need in the quick…
westbrooke capital hospitality success a tribute to the power of the section 12J incentive
The Section 12J tax incentive is having a positive effect on South Africa’s hospitality industry, unlocking new hotel developments and…
hassen adams’ gamble backfires at grand parade
Many so-called community shareholders share dissident shareholders’ concerns about gaming vs fast-food investments.
The board of embattled empowerment group Grand Parade Investments (GPI) must surely be giving serious consideration to a settlement with a group of dissident shareholders.
is section 12J , the investment tax incentive, working for south africa?
There are more than 100 registered Section 12J companies in South Africa and is estimated that the market has raised more than R3.6 billion in investments.
S12J was instituted in 2009 with a 12 year sunset clause for 2021. We are technically at the six year midpoint – the right time to question whether S12J is a success.
6 November 2018
