investments

The core foundation of the Trust’s strategy is prudent diversification. This is re-enforced by investment obligations placed on Trustees as provided for in the PTRA.In terms of the PTRA, the following are the three (3) important provisions regarding the Trust’s investments 1. The Trust is prohibited from carrying on permanent trading Read more…

Prior to 1998, the sole investment of Press Trust was Press Corporation Limited (PCL) in which the Trust held 93% of the issued share capital while Old Mutual had the remaining 7%. At that time, Press Agriculture Limited (PAL) was a wholly owned subsidiary of PCL. However, this situation changed Read more…