BUSINESS NEWS

Brainworks to restructure, dispose of financial arm

BRAINWORKS Limited is set to embark on a restructuring exercise that will see the company disposing of its financial services section to focus on hospitality, leisure and real estate. The company anti...

By Staff reporter | Published: 12 June 2018

BUSINESS NEWS

Brainworks bullish on Zimbabwe

Brainworks Capital expects improved business performance for the 2018 financial year following a better than expected first quarter in which most of its city hotels were fully booked. Brainworks CEO B...

By Staff reporter | Published: 11 May 2018

BUSINESS NEWS

Brainworks in 21% revenue increase

Private equity, investment and advisory firm, Brainworks Capital, says its revenue in the year to December 31, 2017 increased 21, 8 percent to $4, 8 million from just over $4 million following a 28 pe...

By Staff rpeorter | Published: 10 April 2018

BUSINESS NEWS

Brainworks pioneers JSE main bourse listing

Brainworks Limited on Friday broke new ground after it became the first Zimbabwean company to have a primary listing on the Johannesburg Stock Exchange. Brainworks has subsidiaries in real estate (Daw...

By Staff reporter | Published: 16 October 2017

BUSINESS NEWS

Brainworks to list on ZSE within a year

Brainworks Limited says it is currently in talks over a secondary listing on the ZSE, which the investment holding company is targeting to complete within the next twelve months. Chief Executive Brett...

By Staff reporter | Published: 06 October 2017

BUSINESS NEWS

Facility for locals to buy Brainworks shares on JSE

Brainworks Capital is working on a facility with the Reserve Bank of Zimbabwe, which will allow Zimbabwean investors to buy shares of the company when it lists on the Johannesburg Stock Exchange, with...

By Staff reporter | Published: 05 October 2017

AFRICA

Brainworks to list on JSE

Zimbabwe-focused investment and advisory company, Brainworks, has been given the greenlight to list on the Johannesburg Stock Exchange Main Board.In making the move, the company is aiming to have acce...

By Staff reporter | Published: 03 October 2017

BUSINESS NEWS

Brainworks in $6m tax 'glitch'

Brainworks Capital Management (BCM) has been garnished by the Zimra over failure to pay in $6 million tax debts, it has emerged. The firm's non-executive director, George Manyere said that the garnish...

By Staff reporter | Published: 28 July 2017

POLITICS

Brainworks roasted in Parliament

Brainworks Capital Management Limited (Brainworks), the company at the centre of Zimbabwe's controversial indigenisation deals says government abandoned the implementation of the transactions almost t...

By Staff reporter | Published: 22 June 2015

FINANCIAL SERVICES

Atlas Mara disposes 10% stake in Brainworks

Atlas Mara Co-Nvest Limited (Atlas Mara) on Wednesday disposed its 10,1 percent stake in Zimbabwe-focused private equity and advisory firm Brainworks Capital Management Limited (Brainworks) valued at ...

By Staff reporter | Published: 22 June 2015

TRANSPORT & TOURISM

Munyeza resigns, as Brainworks plans ASL takeover

African Sun Limited (ASL) chief executive Shingi Munyeza has resigned with immediate effect, as private equity firm Brainworks Capital Management (BCM) plans a total takeover of the listed hospitality...

By Staff reporter | Published: 07 June 2015

TELECOMS & TECHNOLOGY

Brainworks' Telecel deal reinstated

Empowerment Corporation (Private) Limited (EC)'s shareholders have unanimously agreed to restore Brainworks Capital Management (BCM)'s bid for their 40 percent share in Telecel Zimbabwe (Private) Limi...

By Staff reporter | Published: 07 June 2015

TELECOMS & TECHNOLOGY

Makamba calls off Brainworks deal

Empowerment Corporation (Private) Limited (EC) shareholders have "buried the hatchet", with company chairman James Makamba calling off a Friday extraordinary general meeting (EGM) and subsequent deal ...

By Staff reporter | Published: 07 June 2015

BUSINESS NEWS

Brainworks makes U-turn

BRAINWORKS Capital, the advisory firm that courted public outcry after clinching a deal to advise the State in an empowerment transaction involving platinum mining giant, Zimplats Holdings, says it wi...

By Staff reporter | Published: 08 May 2014

FINANCIAL SERVICES

Zim company to advise Bob Diamond's fund

A Zimbabwean private equity firm Brainworks Capital has been appointed as one of the key financial advisors to the $325 million Atlas Mara investment vehicle.Atlas Mara is a banking investment cash sh...

By Staff reporter | Published: 19 December 2013

BUSINESS NEWS

Rock Tech to take over Brainworks

Rock Tech Lithium Inc. has announced that, further to its letter of intent with Brainworks Capital Management, it has signed a Share Purchase Agreement to purchase all of the issued and outstanding sh...

By Staff reporter | Published: 02 December 2013

FINANCIAL SERVICES

Brainworks Capital pays $750 000 for Afsun shares

NEARLY 30 million shares changed hands in African Sun Limited (ASL) on Monday at 2,6 US cents, raking in $758 463 as the group's new shareholders complete transactions around the hospitality company.T...

By Big Law IR | Published: 01 November 2013

FINANCIAL SERVICES

Canadian firm eyes Brainworks

TORONTO Stock Exchange listed exploration firm Rock Tech Incorporated is on the verge of acquiring the entire stake of private equity firm Brainworks Capital Management in a reverse takeover deal.Aft...

By Staff reporter | Published: 09 October 2013

FINANCIAL SERVICES

Kasukuwere speaks on Brainworks deal

Youth Development, Indigenisation and Economic Empowerment Minister, Saviour Kasukuwere told parliament the deal struck between his ministry and Brainworks, a consultant firm on indigenisation, was...

By Staff reporter | Published: 10 June 2013
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