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Etymologies
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Examples
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Examples of the former include South African buyout group Brait, which is currently investing its $880 million Brait IV Fund.
Africa Attracts 2008
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"The strong rand is robbing the South African economy of its growth potential," said Colen Garrow , an economist at Brait SA, South Africa's largest listed private-equity company.
South Africa's Currency Dilemma Mariam Isa 2011
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But move quickly, advises Colen Garrow, an economist for Brait, a private-equity firm in Johannesburg.
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But move quickly, advises Colen Garrow, an economist for Brait, a private-equity firm in Johannesburg.
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Company, Brait financed R40 million of the deal - which it hoped to pass on to a third party - and the consortium put up some funding.
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Brait chief executive Antony Ball said the move would ensure
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Ball told reporters that unlike other empowerment deals, Brait was not the primary financier and no taxpayer's money had been used to finance the transaction.
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Two funds managed by Brait, the South Africa Capital Growth Fund and the South Africa Private Equity Fund, had received equity injections of $20 million and $35 million respectively, as they promoted the growth of medium-sized companies.
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Brait, stated that the JMCCI decision was startling to say the least.
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"I was expecting Q4, but I think Q1 is when a hike is going to happen," said Colen Garrow, an economist at Brait, changing his rates view after the retail sales data.
The Globe and Mail - Home RSS feed PHUMZA MACANDA 2011
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