Before the global crisis unfolded, Lev Leviev was on top of the world. The company he rules, Africa Israel Investments, was worth billions of dollars.
by Rotem Starkman 0 commentsAfrica Israel
As Africa Israel unveiled its woes Sunday, Israel's securities watchdogs leapt like bitten ibexes.
by Eti Aflalo 0 commentsAfrica Israel stock fell 25.5%. Yields on its bonds skyrocketed, rising as high as 243%, which is past junk territory and all the way into trash compaction.
by TheMarker 0 commentsAttributes problem to drooping value of properties in Russia, U.S.
by Michael Rochvarger 0 commentsLev Leviev, the man who had built himself an image of professionalism and moderation, has been suddenly exposed as an exhibitionist with dubious judgment.
Haaretz Editorial 0 commentsAfter most of the old movie houses in Tel Aviv and other cities - with their special character and style - have closed down, replaced by cinema complexes, the trend now is to get the movie theaters out of the malls.
Haaretz Editorial 0 commentsAfrica Israel had no strategy. It had only one plan of action - to buy, buy and buy again. If possible, at a good price, and if not, at a high one. The important thing was to buy.
by Nehemia Shtrasler 0 comments