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JSE-listed woodfibre products and solutions multinational Sappi says its €515-million international revolving credit facility is its first financing facility with sustainability-linked key...
The Industrial Development Corporation (IDC), in partnership with South African Tourism and the Tourism Business Council of South Africa, have collectively launched a travel campaign aimed at...
Financial services firm TymeBank intends to acquire financial technology company Retail Capital for an undisclosed amount, investment management company African Rainbow Capital (ARC) Investments...
The South African Post Office reports that there has been a “healthy” uptake of its online motor vehicle licence renewal facility, which was launched at the end of January. More than 37 000...
According to a report carried out over six months by used car sales and buying service WeBuyCars, German motor vehicle manufacturer Volkswagen ranked as South Africa’s most sought-after used car...
The National Association of Automobile Manufacturers of South Africa | The Automotive Business Council (Naamsa) states in its ‘Quarterly review of business conditions: new motor vehicle...
The Concentrator Photovoltaics Power Plant No.1 (CPV1), a 44 MW concentrated solar photovoltaic plant in the Western Cape, has successfully been refinanced by its shareholders Pele Green Energy...
Development finance institutions (DFIs) British International Investment (BII) and FMO on July 27 made a joint commitment to the African Infrastructure Investment Fund 4 (AIIF4), managed by African...
Shareholder activist organisation Just Share has analysed financial services firm Absa’s recently published Coal Financing Standard and Oil and Gas Financing Standard, as well as Absa’s 2022...
Financial institution Standard Bank has attributed the success of its recent direct minority equity investment into technology-enabled logistics solution Tripplo to its ability as a large,...
Banks continued to meet many of the empowerment and transformation targets set out in the Financial Sector Code (FSC), despite the severe economic contraction of 6.4% experienced in 2020, which...
Business organisations Business Leadership South Africa (BLSA) and Business Unity South Africa (Busa) last week published a report, compiled by researchers Intellidex, investigating funding options...
Digital financial services company TymeBank has appointed Yusuf Dockrat as CFO, Linda Appie as chief marketing officer and Bruce Paveley as chief technology officer (CTO), as it focuses on boosting...
To improve access to affordable, sustainable residential housing in South Africa, World Bank Group member the International Finance Corporation (IFC) has announced an investment to support South...
The gazetted amendments to Regulation 28 of the Pension Funds Act, which are set to take effect from January 3, 2023, have a broader definition of infrastructure than the first draft of the changes...
Development finance institution the International Finance Corporation (IFC) is providing a $100-million loan to CRDB Bank Tanzania, half of which will be in local currency, and a $5-million loan to...
In collaboration with early-stage venture capital fund Anza Capital, the SA Innovation Summit has launched The Foodtech Programme that offers promising South African food technology innovators and...
Business Leadership South Africa (BLSA) CEO Busi Mavuso has emphasised the important role the private sector has to play in the just energy transition in terms of investment in infrastructure for...
Given Africa's rapid commercial growth and globalisation over the past decade, innovation in financial technology (fintech), and particularly blockchain technology, can drive the improvement of...
There are a number of lessons and insights that were learned from supporting small and medium-sized enterprises (SMEs) during the pandemic, as well as what needs to be done to gear the country...
Financial services provider Standard Bank Group has appointed Margaret Nienaber, currently the group’s CE for Client Solutions, as COO, with immediate effect. As COO, she will be responsible for...
Botswana can transform its economy, create jobs, reduce inequality and achieve a resilient recovery from Covid-19 by increasing private sector participation and investment in its energy, water and...
Eight South African-founded businesses have secured investment from Endeavor Catalyst Fund. Endeavor Catalyst is a rules-based co-investment fund of Endeavor Global – the largest global community...
The South African unit of M&G, the UK fund manager overseeing more than $390-billion in assets, sees opportunities in investing in the nation’s industrial and financial companies as earnings growth...
Futuregrowth Asset Management, a South African fixed-income money manager with R193-billion of assets, is raising a fund to invest in startups with a strong developmental impact. The company aims...
The South African National Roads Agency Limited (Sanral) has appointed the Development Bank of Southern Africa (DBSA) as an independent and lead adjudicating body after Sanral’s board in May...
South African index investment business Satrix, a division of Sanlam Investment Management, has announced that its new smart city infrastructure feeder exchange-traded fund (ETF) will offer...
Automotive group Motus Holdings has secured a syndicated R6-billion sustainability-linked facility, facilitated by financial services firm Standard Bank, as well as an R800-million...
Financial services group Discovery has been approved for a secondary listing on A2X Markets and its shares will be available for trade on A2X from July 4. Discovery will retain its primary listing...
Energy technology innovation and funding network Innovate UK has launched the Energy Catalyst Africa programme in South Africa to support the development of energy technologies by providing early-...
The UK has agreed to guarantee $2-billion of the debt the African Development Bank has extended to governments on the continent, allowing the lender to free up finance for climate-related projects....
UK development finance institution British International Investment (BII) has committed $200-million over the next several years to help fund hydropower projects in Africa. This would be the...
Nonprofit organisation the World Wide Fund for Nature (WWF) has released a comprehensive Insurers’ Guide to Hydropower, which calls for insurers to block high-impact hydropower projects, while...
The Solidarity Fund, whose mandate was focused on a rapid response to the Covid-19 pandemic remains on track to close by September. The fund in March announced that it would wrap up its operations...
Nonprofit organisation the Motsepe Foundation has launched two large-scale agricultural and farming projects involving rural and traditional communities in Limpopo and Mpumalanga, in partnership...
There are positive perceptions from potential investors to South Africa, and continued interest among existing investors in the country, despite impacts such as the Covid-19 pandemic and the July...
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