| Brait appears to have come full circle, from private equity firm to long-term investor and back again. Private equity group Ethos is coming on board as its investment advisor and will participate in a rights issue aimed at strengthening its balance sheet so that it can realise value from its assets over the next five years and return capital to shareholders. The rights issue will come at a discount, which sent its shares sharply lower yesterday. Although interim results from Brait, also out yesterday, revealed a further decline in its net asset value per share, the gap between its NAV and its share price is widening, which will be attractive to Ethos and other investors that want to benefit from any recovery. Nampak was also battered after it released its full-year results, while Woolworths declined on the back of a 20-week update ahead of its annual general meeting. British American Tobacco's shares rose, however, after it forecast a strong ending to its financial year. And Arrowhead closed higher after its full-year dividend came in marginally ahead of guidance. We had a great response to yesterday's promotion of an investment opportunity in Portugal, offering high yield, capital growth and guaranteed return on investment - plus the option of EU residency. The blue-chip development partnership between local real estate developer John Rabie and Swiss-based GMG Real Estate could offer you the compelling offshore investment proposition you have been looking for - including a guaranteed rental income package, pre-approved finance of up to 75%, an interest rate of under 2%, and the option of Portugal's Golden Visa residency programme for purchases of over "500 000! Follow this link to find out more. I hope you have a good day. Stephen Gunnion Managing Editor, InceConnect
When the sun shines, not only will it be a new day, but more money for you. The Sun Exchange equity crowdfunding campaign has been live for the past few weeks and has already raised over 4 million rand in investment. This is a milestone worth celebrating! With the launch of their campaign, The Sun Exchange has given everyday investors the opportunity to invest in the future of renewable energy in South Africa. We are happy to announce that with the success of the crowdfunding raise so far, Uprise.Africa has decided to extend the campaign for a short while. This means, more investors like you and me you still have a chance to Invest today in a project that is changing the everyday lives of those in need of lower-cost energy. Don't miss out, if you still haven't invested, click here and start cashing on the sun. | 