PUBLIC NOTICE: Collins appointed as BluThorn' Statutory Manager
Friday, April 24, 2020
NOTICE IS HEREBY GIVEN THAT
1. On the 2nd April 2020 the Non-Bank Financial Regulatory Authority (“NBFIRA”), acting in terms of Section 46 (4) (a) of the Securities Act No. 26 of 2014 (“the Act”), appointed Mr Peter C. G. Collins as Statutory Manager of BluThorn, formerly known as Ecsponent Asset Management (Pty) Ltd.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...