Rautenbach cannot tender his shares to the bid until he gets permission from the UK Treasury due to sanctions in the European Union and USA for his alleged links to Robert Mugabe`s regime in Zimbabwe MB links of london sale 12 . Anyone on the sanctions list must apply for a licence to transfer funds. They would also not be able to access any funds. The exact size of Rautenbach`s stake is not known as of September 18, the day ENRC announced its bid, he held 3.17% through Harvest Vie ... Read More

The company touted a "super pill" for petrol tanks that would reduce fuel consumption by up to 20 per cent.It was run and owned by Mr Johnston, a former New Zealand businessman.Mr Johnston has been named as a Thanksgiving Day jewelry in Australian Securities and Investments Commission ASIC proceedings. ASIC alleges Firepower and its subsidiaries failed to properly disclose to shareholders company information such as prospectuses, contravening the Corporations Act.The corporate watchdog ... Read More

It would avoid the same set of people validating the same set of peoples` proposals," the second source said. "The rationale is to pave way for the future... to enable the LME to make strategic decisions not unduly influenced by what goes on within cheap links of london Ltd," the first source said.   Brydon, who was voted to stay on as chairman for another two years at the exchange`s March agm and is on both boards, would lead the LME Holdings board, the first source noted. Of the ... Read More

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The ITFC is an autonomous arm of the Islamic Development Bank Group IDB , focused on trade finance. It was created to consolidate the IDB’s various trade finance operations under one umbrella. The International Islamic Trade links of london Corporation ITFC is a fairly new institution in the market since it st arted business in January 2008 but inherited over 30 years of pioneering commitment in Islamic trade finance and trade cooperation by the IDB an AAA-rated multilateral financial ... Read More