Mike Sanford
* Simplicity Private Equity Fund acquired a 35.9% stake in Stabicraft Marine. * Stabicraft plans international growth following pandemic challenges with strong dealer and supply networks. * Founder Paul Adams remains majority shareholder and supports future growth with equity backing. Simplicity Private Equity Fund has acquired a 35.9% stake in Stabicraft
* Watermain upgrades begin 21 November, lasting approximately three weeks near Clyde St roundabout. * North and south traffic on SH1 Clyde St remains unaffected during the works. * Detours required for east-west roundabout travel; delays expected, plan journeys accordingly. SouthRoads will begin watermain upgrades near the State Highway 1 Clyde Street and
* Southland Woodworkers Guild showcases handcrafted wooden toys and gifts in annual exhibition. * Event runs across multiple dates, featuring free entry at Mary Street clubrooms. * Visitors can explore woodworking skills, toy assembly and buy handcrafted Christmas gifts. The Southland Woodworkers Guild has transformed into a hive of activity this festive season,
* Key Invercargill roads to get fresh asphalt in summer 2024/2025. * Overnight work planned to minimise disruption for businesses and road users. * Infrastructure upgrades coordinated to streamline improvements and reduce long-term impacts. Invercargill’s central city roads are set to undergo significant resurfacing, with fresh asphalt being laid on Dee,
* Eighteen winners claim $13,632 each in Lotto Second Division’s latest live draw. * Auckland player wins $29,279 with Powerball Second Division, boosting their total prize. * Lotto NZ supports communities through profits returned via lottery grants programmes. Eighteen lucky Lotto players are celebrating after each scooped $13,632 in
* Coalition Government invests $2.2 million to develop Southland’s aquaculture centre of excellence. * Ocean Beach expansion includes farming pods, training facilities, and workforce accommodation. * Project aligns with New Zealand's $3 billion aquaculture sales target by 2035. Ocean Beach is celebrating a $2.2 million loan from the
* Mark McLean awarded Leader of the Year at Cooperative Business NZ Awards. * SBS Bank surpasses industry growth rates under McLean’s three-year leadership. * Recognition highlights transformational growth and focus on cooperative values. Mark McLean, Group Chief Executive of SBS Bank, has been honoured as Leader of the Year at the
* SEPSCT to acquire full stakes in OtagoNet, Lakeland Network, and PowerNet operations. * Deal strengthens local control of infrastructure for Southland and Otago communities. * Operations will remain unchanged, ensuring continuity for regional electricity consumers. Southland Power Trust (SEPSCT) has announced its plan to take full ownership of OtagoNet Joint Venture, Lakeland