GTC unveils new brand
The new brand unites the groups various divisions and companies with one consolidated look and feel, while continuing to recognise GTCs 23 year heritage and historical milestones. The JSO celebrated its 80th Birthday as the 33-person orchestra performed alongside the Johannesburg Philharmonic Orchestra at the Linder Auditorium this afternoon. In the JSOs ongoing commitment to developing musical talent in South Africa, eight young soloists performed classic concertos with the JSO. In addition, the JSO performed with the Wits trio at the celebration. The trio includes Zanta Hofmeyr and Malcolm Nay both of whom played with the JSO when they were young soloists themselves. “As proud sponsors of the JSO, GTC is privileged to share in the orchestras 80th birthday celebrations today, while we simultaneously reveal our own distinct identity. We specifically chose to share our launch with the JSO, because... Read More
Stock broking and derivatives businesses merge with GTC, bringing additional trading capabilities to an established financial services business
11 November 2014 GTC, one of the country’s leading financial advisory businesses for more than 23 years, has purchased a majority shareholding in each of Brockhouse Cooper SA and Bolus & Bolus. Brockhouse Cooper SA will be renamed as GTC Securities whilst Bolus & Bolus will become GTC Derivatives creating key stock broking specialisations within the GTC Group. Senior management will remain the same in both businesses going forward. Prior to joining GTC, Brockhouse Cooper and Bolus & Bolus provided equities and derivatives trading services for the past 18 years to institutional and private clients on the JSE Securities Exchange and on the Namibian Stock Exchange. The merger will see GTC’s assets under management increase to R26 billion, with more than 100 staff operating from national offices based in Johannesburg, Cape Town and Durban. Within its capabilities, the diversified financial... Read More
Grant Thornton Capital announces strategic acquisition of First Light Administration Services
13 October 2011 Grant Thornton Capital, one of the country’s leading independent financial advisory businesses for over 20 years and a subsidiary of Grant Thornton South Africa, has announced the total acquisition of First Light Administration Services (First Light), formerly a wholly owned subsidiary of Sekunjalo Investments, a JSE listed company. First Light, established 11 years ago, is a well-known retirement fund administrator providing services to listed and privately owned employers. The company will integrate into Grant Thornton Capital’s employee benefits division, specifically into the retirement fund administration business. “The acquisition of First Light sees Grant Thornton Capital being the administrators to over 80 000 member records,” says Gary Mockler, executive chairman of Grant Thornton Capital. “This accounts for over 300 participating employers with assets of some R6bn under management and administration.” Bruce Knight, managing director of First Light, says:... Read More
