Patrick Duff: the advisor who helped Mary Oppenheimer and Daughters secure Phumelela's future

Loading player...
In this excerpt from the Rational Radio webinar, BizNews founder Alec Hogg chats to Patrick Duff about the future of Phumelela and horse racing in South Africa. Ahead of the creditors of Phumelela voting this week between two offers: one by Mary Oppenheimer and Daughters (MOD) and the other by UK operation Betfred. Duff had been mandated by MOD with the task of advising them around restructuring the assets going forward to effectively help MOD and the South African Racing Restructuring Task Team (RTT) in a way that would be helpful for the future of the racing industry in South Africa. Phumelela’s creditors vote was overwhelmingly in favour of MOD. - Nadya Swart Learn more about your ad choices. Visit megaphone.fm/adchoices
3 Sep 2020 11AM English South Africa Investing · Business News

Other recent episodes

Cityboy is back: his tip to win big in financial services? Trade your soul

A former top-ranked City of London stockbroker has written a manual for winning at business, politics and life. There's just one catch: to follow it, you'd have to think like a psychopath. Geraint Anderson, the man behind the legendary "Cityboy" column, tells BizNews editor Alec Hogg why he built his…
30 Jul 9AM 32 min

R1-billion blended finance programme to transform real estate

In this interview with Chris Steyn, Alessandro Scalco of RMB Sustainable Finance shares the details of a R1 billion Blended Finance Programme to formalise and scale South Africa’s burgeoning affordable rental market. Rand Merchant Bank (RMB) has partnered with INDLU, a property financial technology company that empowers landowners to build,…
30 Jul 6AM 15 min

BN Daybreak: Ramaphosa interdict bid; Fed holds rates; Fauci's Fifth Amendment; Zambian kwacha

In today's episode, the Fed leaves interest rates unchanged amid a fractured vote and market sell-offs. Locally, four parties are challenging President Ramaphosa's impeachment interdict, while Treasury controversially releases funds to 69 failing municipalities. We also cover Dr. Fauci invoking the Fifth Amendment regarding the Covid-19 response, Zambia's kwacha surging…
29 Jul 11PM 16 min

Murder, mayhem, treachery, and court battles = SA politics: Solly Moeng

In his latest interview with Chris Steyn, Political Commentator Solly Moeng, talks about four political parties joining in a Constitutional Court bid to try and overturn President Cyril Ramaposa's impeachment committee interdict; a murder investigation into the death of General Sindile Mfazi, who was investigating an unauthorised undercover operation to…
29 Jul 5AM 15 min