n Personal Finance Newsletter - Generous interest, but watch out : fixed interest investment

Volume 2006, Issue 303
  • ISSN :



Extracted from text ... 14 February 2006 Moneyweb's PERSONAL FINANCE FIXED INTEREST INVESTMENT Generous interest, but watch out Moneyweb's Personal Finance first alerted its readers to a fixed interest investment offering that seemed to be unduly generous in the December 2005 "Low-hanging fruit" feature. In this article, we give you the low-down on the investment, and the company offering it. By JULIUS COBBETT EDWAFIN Investment Holdings (EIH), a Durban-based venture capital company, is advertising 15% debentures to private investors - that is twice the normal debenture rate. The little-known company run by equally unknown entrepreneurs has liabilities in the form of debentures worth ..

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