News About Oakbay



News

Oakbay Investments announces the sale of its shareholdings in Infinity Media and TNA Media to Lodidox and Management for R450 million

Johannesburg, South Africa - Monday 21st August 2017:

Oakbay Investments ("Oakbay") announces it has reached agreement with Lodidox and Management for the sale of its shareholdings in its two media businesses, Infinity Media and TNA, for a...

ANN7 interview with Oakbay Investments' CEO Ronica Ragavan about the information / fake news published by BusinessDay.

Johannesburg, South Africa - Thursday 30 March 2017:

The newspaper reported the alleged closure of Oakbay's account at Bank of Baroda. The report was followed by a clear denial by the Oakbay Group, which the publication has chosen to overlook...

OAKBAY INVESTMENTS RELEASES AFFIDAVIT REGARDING FIC

Johannesburg, South Africa - Tuesday 29 November 2016:

Oakbay Investments has released the full affidavit submitted to the High Court of South Africa in Gauteng on November 25, 2016. The affidavit seeks to obtain an...

Tegeta sets record straight on Barloworld application

Johannesburg, South Africa -Thursday 27 October 2016:

Tegeta notes media reports regarding an application issued by Barloworld against Optimum Coal Mine (Pty) Ltd ("Optimum")...

Oakbay Investments Sets the Record Straight on Optimum Coal Transaction

Johannesburg, South Africa-Thursday October 20, 2016:

Oakbay received questions from media who speculated that the Business Rescue Practitioners for Optimum Coal Mine ("OCM") may have...

Oakbay Responds to Application by Minister of Finance

Johannesburg, South Africa-Wednesday October 19, 2016:

Yesterday afternoon, van Der Merwe Associates ("VDMA") notified the Minister of Finance's attorneys of their client's...

Ajay Gupta and Oakbay Investments Delighted with Affidavit from Pravin Gordhan

Johannesburg, South Africa-Tuesday October 18, 2016:

Gupta Family lawyer, Van Der Merwe Associates, releases a statement on behalf of Mr. Ajay Gupta...

Oakbay Investments sets the record straight on Optimum Rehabilitation Fund

Johannesburg, South Africa - Monday 17 October 2016:

Oakbay confirms that no monies have been removed from the Optimum Rehabilitation Fund. The Rehabilitation Fund balance was moved from Optimum Mine Rehabilitation Trust’s account...

CEO Resignation due to health reasons

Johannesburg, South Africa - Monday 17 October 2016:

Oakbay Investments announces CEO resignation due to health issues.Oakbay Investments ("Oakbay") announces the resignation of its Chief Executive Officer...

Oakbay Investments Annual Results for the Year Ended 29 February 2016

Johannesburg, South Africa-Thursday September 8 2016:

Oakbay Investments, announces its annual, audited results for the year ended 29 February 2016...

Smears, Faceless Sources and Zero Evidence Continues- With the Help of Media Capture.

Johannesburg, South Africa-Sunday June 12 2016:

Today's story in the Sunday Times continues the traditional tactics of Oakbay's detractors which generally involve some, if not all....

Oakbay Sets The Record Straight On Optimum Coal Mine and Eskom.

Johannesburg, South Africa-Sunday June 12 2016:

Oakbay Investments wishes to set the record straight on operations at the Optimum Coal Mine (owned by BEE company, Tegeta Exploration & Resources ("Tegeta").....

Oakbay Investments CEO Nazeem Howa Interview on Eskom Deal.

Johannesburg, South Africa-Sunday June 12 2016:

Oakbay Investments CEO, Nazeem Howa clarifies stand on Eskom Deal and various allegations.......

Oakbay Investments Requests Major South African Banks to Save 7500 Jobs

Johannesburg, South Africa – Tuesday May 3 2016:

Oakbay advertising campaign requesting ABSA, FNB, Standard Bank and Nedbank to save 7,500 Oakbay jobs by restoring banking services to the business....

Oakbay Investments responds to adverse decision of Independent Media

Johannesburg, South Africa – Saturday April 30 2016:

Oakbay wishes to express its disappointment and disgust at the decision made today by Independent Media (pty) not to run Oakbay adverts in its newspapers, Pretoria News, Daily News and the Argus....

Gupta Family Steps Down

Johannesburg, South Africa – Friday April 8 2016:

With deep regret and a heavy heart,the Gupta family has stepped down following a period of sustained political attack on the family and their businesses....

Duduzane Zuma Steps Down

Johannesburg, South Africa – Friday April 8 2016:

Duduzane Zuma steps down and exits all his investments to preserve the jobs of Oakbay's thousands of employees and to de-politicise his participation in business... .......

The Gupta family welcomes ANC Review

Johannesburg, South Africa – Tuesday 22 March 2016:

Regarding the release of the 'Statement of the African National Congress following the National Executive Committee meeting held 18-20 March', the Gupta family said.......

Oakbay Investments responds to reports by The Sunday Times regarding comments from Themba Maseko

Johannesburg, South Africa – Sunday 20 March 2016:

Nazeem Howa, CEO of Oakbay Investments, responds to reports by The Sunday Times regarding comments from Themba Maseko......

Gupta Family Inconvenient Truth

Johannesburg, South Africa – Friday 18th March 2016:

An Overview of the entire business...

Gupta family respond to false allegations: Issued on behalf of the Gupta Family

Johannesburg, South Africa – Wednesday 16th March 2016:

"The Gupta family respond to today's statement by Deputy Minister of Finance Mr. Mcebisi Jonas (MP)"...

Statement from Oakbay Investments, on behalf of the Gupta family in response to The Sunday Times article 'How Guptas shopped for new minister'

Johannesburg, South Africa – Sunday 13th March 2016:

"There have been an extraordinary number of allegations around the Gupta family in recent weeks, several of which have involved the Finance Ministry. As we have said countless times, our primary focus is on business, not politics...

Competition commission conditionally approves Tegeta's Optimum Coal asset acquisition

Johannesburg, South Africa – Friday 12th February 2016:

The Competition Commission has recommended that the proposed merger between Tegeta Exploration and Resources (Pty) Ltd (Tegeta) and Optimum Coal Mine (Pty) Ltd (OCM) be approved with conditions...

Court ruling in favour of Oakbay Investments and the Gupta family

Johannesburg, South Africa – Tuesday 9th February 2016:

Oakbay Investments, the Gupta family, The New Age, ANN7 and other subsidiary companies today were granted an interdict by the Gauteng North High Court against the Economic Freedom Fighters (EFF) and its leader Julius Malema....



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