South Africa: Oakbay Investments Earns R233 Million From Government

8 September 2016

Gupta-owned Oakbay Investments on Thursday said it derived R233m from its total revenue of R2.62bn from government business.

This is according to a statement released by the group detailing its revenue for the financial year ended 29 February 2016. Revenue was up 7% from the previous year. The group derived 8.9% of its revenue from government business, the group said in its maiden results release.

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