Gumboot Friday gets green light for second year of funding
Tags:
To embed this content on your own webpage, cut and paste the following:
See terms of use.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
RNZ News
24 minutes ago
- RNZ News
Lit-up signs on derelict Reading Cinemas fuel speculation of reopening
Reading Cinemas. Photo: Maxime Vasuta The lights are on but nobody's home? Lit up signs on the derelict Reading Cinemas building in central Wellington has caused speculation on when it might reopen. The cinemas complex on Courtenay Place had sat unused since it was closed due to earthquake risks in 2019. In January it was announced that Primeproperty Group bought the site after a $32 million council deal spearheaded by Wellington Mayor Tory Whanau to buy land underneath the building fell through. In recent weeks, Wellingtonians had noticed that the complex's large signs had been lit up, with many speculating online whether development was around the corner. RNZ approached Primeproperty group and in a statement, it said that it had noticed "a little bit of chatter online about Reading having its lights on overnight". Photo: Maxime Vasuta The company said that it wasn't a sign of an imminent reopening. "We are getting the right people through the venue to commence architectural and design work. "Unfortunately, they left the lights on, which caused a little stir." The statement said that Primeproperty Group was working hard to strengthen the building over the coming months and was working closely with Reading Cinemas to create a "new version of the venue that will excite and entice Wellingtonians". "These things take time and a little more effort than turning the lights back on!" Sign up for Ngā Pitopito Kōrero , a daily newsletter curated by our editors and delivered straight to your inbox every weekday.
RNZ News
24 minutes ago
- RNZ News
Private equity firm to buy major stake in Forsyth Barr
Forsyth Barr has assets under management of more than $30b. Photo: RNZ / Rebekah Parsons-King Sydney-based private equity firm Mercury Capital has agreed to buy a 25-30 percent shareholding from existing shareholders. Mercury Capital manages more than $2 billion in funds and specialises in providing growth capital to established businesses on both sides of the Tasman. The offer is subject to shareholder approval and other conditions, with completion expected during August. The company said the investment would be positive for the firm, staff and clients, and showed confidence in its strategy, market position and future growth. "Mercury Capital shares our view that trusted personalised advice is more important than ever to help clients navigate a world of accelerating change, disruption and opportunity," Forsyth Barr managing director Neil Paviour-Smith said. He said the proposed partnership was a natural next step in the company's ongoing evolution. Mercury Capital's founder and about half of its staff are New Zealanders. Forsyth Barr acquired another investment management business Hobson Wealth in 2023, boosting its staff to about 300, with assets under management of more than $30b. The New Zealand investment sector has been through a shake up in recent years with a merger of various firms to form First Cape , of which Australian private equity firm Pacific Equity Partners owns about a third . Sign up for Ngā Pitopito Kōrero , a daily newsletter curated by our editors and delivered straight to your inbox every weekday.
RNZ News
an hour ago
- RNZ News
The New Zealander redefining what luxury means
business life and society 42 minutes ago Every day, millions experience a bit of Kiwi creativity thanks to Christopher Yu. He left New Zealand for London 25 years ago as a tax attorney, but after being made redundant, he followed his nose to a new role, leading companies that transform perfume and candles into experiences of storytelling and design. Now, after decades at the center of Europe's luxury fragrance world, and with some encouragement from his mum in Lower Hutt, Christopher Yu is coming home to help redefine Kiwi luxury.
