Afristrat

Financially-stressed JSE-listed financial services company Afristrat Investment Holdings Limited, which is awaiting judgment on an application to liquidate the company, has been operating in contravention of the Companies Act for more than…

JSE-listed investment holding company Afristrat Investment Holdings, previously known as Ecsponent Limited, is not in a position to settle its obligations as they become due, the Pretoria High Court has heard. Single minority shareholder,…

Financially troubled JSE-listed investment holding company Afristrat, previously known as Ecsponent Limited, has an exposure of R1.2 billion to the MyBucks Group, which has been liquidated and is currently in the process of being wound up.…

Afristrat, previously named Ecsponent Limited, reported on Friday that FirstCred has initiated civil and criminal action against former management and their associates who were found to have participated in the loss of P120 million (around…

The JSE has suspended trading in the shares of financially-stressed listed financial services company Afristrat Investment Holdings Limited. The suspension of Afristrat, previously known as Ecsponent Limited, was announced on Friday. It…

Almost all of the R1.5 billion investment by JSE-listed Afristrat Investment Holdings Limited in Frankfurt-listed MyBucks SA, a microlender in several southern African countries that collapsed and is now in liquidation, has been lost.…