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November 9, 2007

Tokyo goes on spending spree - Mvela buys into Vox Telecom

While Mvelaphanda Group (Mvela) chairman Tokyo Sexwale heats up his presidential campaign, the group is raising its profile with another acquisition.

Yesterday, Mvela bought 137.5million shares, or 12.3percent, of AltX-listed telecoms operator Vox Telecom for R292,3- million in two transactions.

Posted by StaffWriter at November 9, 2007 11:01 AM