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Latest Articles 675 Articles
Vodafone NZ Sold To Private Investors For $3.4b
Vodafone NZ Sold To Private Investors For $3.4b
Business   -   May 14, 2019

Infrastructure investor Infratil is teaming up with a Canadian investment firm to buy the local operations of Vodafone for $3.4 billion. Vodafone’s British parent confirmed the sale to a consortium of Infratil and Brookfield Asset Management Photo: 123rf.com Vodafone’s British parent confirmed today

Fonterra Confirms Tip Top Ice Cream Sale
Fonterra Confirms Tip Top Ice Cream Sale
Business   -   May 13, 2019

New Zealand’s iconic ice cream company has a new owner, after global ice cream company Froneri today purchased Tip Top from Fonterra for $380 million. Fonterra CEO Miles Hurrell confirmed the sale, saying it was a bittersweet moment for Fonterra. “Since we took ownership of Tip Top in 2001, a lot of

Three Tenants Confirmed For Kmart Development
Three Tenants Confirmed For Kmart Development
Business   -   May 12, 2019

The Kmart development on Clyde street is taking shape with the two storey building almost covered in. Tenants confirmed so far include Muffin Break as previously reported by What’s On Invers back in 2017 here. Since then rumors of other national chain tenants have been mentioned, What’s On Invers ca

PowerNet Announces Smart Energy Home Tenant
PowerNet Announces Smart Energy Home Tenant
Business   -   May 06, 2019

Natalie Skeggs and Hayden Arthur are set for a year living in PowerNet’s smart-tech house. PowerNet announced today that a mother and son were selected from a pool of applicants for the opportunity to live in an Invercargill house equipped with smart energy technologies. PowerNet GM of New Energy De

ILT Dumps Wachner Place Container Bar Plans
ILT Dumps Wachner Place Container Bar Plans
Business   -   May 06, 2019

The ILT will no longer proceed with plans for an innovative container bar in Wachner Place. ILT chief executive Chris Ramsay said it was disappointing the concept would not become a reality for the city. “We have been trying to work through an easement issue that directly impacted where the containe

SBS Bank Seeking Tech Entrepreneurs
SBS Bank Seeking Tech Entrepreneurs
Business   -   Apr 26, 2019

Budding Southland entrepreneurs have the chance to take part in a national programme designed to solve challenges in the financial technology (Fintech) sector. Applications have opened for the 2019 Kiwi Fintech Accelerator programme, which helped boost the success of some of New Zealand’s top fintec

‘No Mandate’ For Capital Gains Tax – PM
‘No Mandate’ For Capital Gains Tax – PM
Business   -   Apr 18, 2019

The government has ruled out implementing a capital gains tax. Prime Minister Jacinda Ardern said the coalition had not been able to reach a consensus. She said all parties in the government had entered into the debate with “different perspectives”. “After significant discussion, we have ultimately

First Intake Of Southland Leadership Academy Graduate
First Intake Of Southland Leadership Academy Graduate
Business   -   Apr 15, 2019

The purpose of the Southland Leadership Academy, which is completed over eight weeks, is to provide leaders with the opportunity to build leadership capabilities through their own personal development and by learning from the experience of others. Each two-hour session is led by a senior executive f

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