Vunani Limited (JSE:VUN) is considering unbundling its private equity business and listing it separately, in a bid to improve transparency in its financial reporting, it said on August 06, 2020. "The transaction, if implemented, will result in Vunani being a focused financial services company, with a clear investment case, vision and purpose and which the board believes will be better understood by the market," Vunani said in a shareholder statement. The proposed spin-off will see Vunani's private equity business list separately on the JSE within 12 months of the transaction, which is aimed at unlocking value for shareholders. "This will enable these two distinct businesses to operate in a more focused and efficient manner, allowing each to achieve their respective strategic goals and to potentially unlock value for shareholders," the company said.