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FDI into developing countries has dwindled to lowest levels since 2005, World Bank says
17th June 2025 By: Darren Parker

Flows of foreign direct investment (FDI) into developing economies have dwindled to the lowest level since 2005 amid rising trade and investment barriers, new research from the World Bank has... 


Krutham executive chairperson Dr Stuart Theobald
Krutham announces winners of the 2025 Africa Impact Investment Awards
13th June 2025 By: Sabrina Jardim

Research-led consulting firm Krutham has announced the winners of the third edition of the Africa Impact Investment Awards, sponsored by FirstRand. Krutham says this year’s winners demonstrate how... 


KfW directors, Stefan Hediger and Conny Tittman, and IDC Industry Planning and Project Development acting divisional executive Rian Coetzee
Prieska Power Reserve receives formal approval of grant funding from KfW
12th June 2025 By: Schalk Burger

Northern Cape-based green hydrogen and ammonia project Prieska Power Reserve (PPR) has received formal approval of a funding grant from KfW Development Bank, in partnership with the Industrial... 


Kinetiko to raise $2.2m through placement to fund commercialisation of Mpumalanga gas projects
12th June 2025 By: Darren Parker

ASX-listed Kinetiko Energy has received firm commitments from professional and sophisticated investors to raise up to $2.2-million through the placement of more than 55-million new fully paid... 


Nedbank Commercial Banking relationship head Coillard Ford
Local auto manufacturers know they need to decarbonise but lack understanding of how to manage emissions
10th June 2025 By: Darren Parker

A recent study conducted by naamsa | The Automotive Business Council and Nedbank revealed that 60% of respondents were aware of the need to decarbonise, especially in light of the EU’s Carbon... 


Omnia CEO Seelan Gobalsamy
Omnia lifts full-year revenue, maintains operating profit, declares dividend
9th June 2025 By: Schalk Burger

JSE-listed chemicals manufacturing company Omnia has achieved a 3% year-on-year increase in revenue to R22.81-billion for the financial year ended March 31, while its operating profit was flat at... 


Pension Funds Adjudicator refers pension fund to regulator for misconduct
9th June 2025 By: Schalk Burger

Statutory body the Office of the Pension Funds Adjudicator (OPFA) has reported the South African Local Authorities Pension Fund to regulator the Financial Services Conduct Authority, recommending... 


Equipment in use at the Lobito port
AFC to sign $320m deal with Italy to bolster Lobito funding
6th June 2025 By: Reuters

Africa Finance Corporation, a Lagos-based continental financier, will sign a deal with Italy for $320-million financing partly for a new transport corridor linking critical mineral fields with an... 


wind turbine + coal fired power
Global energy investment to reach record $3.3tr this year
5th June 2025 By: Darren Parker

Global energy investment is set to increase to a record $3.3-trillion this year, despite headwinds from elevated geopolitical tensions and economic uncertainty, according to the International... 


wind farm sunset
African economies need to spend one-third of their GDPs by 2030 to meet renewable-energy SDGs, analyst says
4th June 2025 By: Darren Parker

Frontier economies, mostly located in Africa, would need to spend one-third of their GDP by 2030 to achieve renewable power generation goals under the Sustainable Development Goal (SDG) scenario,... 


beer bottles
Excessive beer taxation is driving illicit alcohol trade, BASA says
3rd June 2025 By: Darren Parker

Excessively high beer taxation levels are driving consumers to support the illicit alcohol industry, a situation that needs to be rectified by lowering beer excise taxes as soon as possible, Beer... 


Tongaat Hulett CEO Gavin Dalgleish
Tongaat appoints new CEO to support final phase of business rescue transition
3rd June 2025 By: Sabrina Jardim

Sugar producer Tongaat Hulett has appointed Gavin Dalgleish CEO, with effect from June 1, to support the final phase of the company’s business rescue transition. “This appointment marks a... 


An image of Business Leadership South Africa CEO Busi Mavuso
AG report underscores need to tackle financial shortcomings in municipalities
2nd June 2025 By: Tasneem Bulbulia

The financial state of the country’s municipalities is concerning and a considerable constraint on economic growth, business organisation Business Leadership South Africa CEO Busi Mavuso warns in... 


The Durban Container Terminal
Absa PMI decreases in May, remains in contractionary territory
2nd June 2025 By: Schalk Burger

Financial services firm Absa’s Purchasing Managers’ Index (PMI) decreased by 1.6 points to 43.1 in May, with the headline PMI remaining in contractionary territory for the seventh consecutive month.   


Standard Bank and GIBS to support 50 youth-owned businesses for Youth Month
30th May 2025 By: Schalk Burger

Financial services firm Standard Bank Business and Commercial Banking (BCB) and business school Gordon Institute of Business Science’s (GIBS’s) Entrepreneurship Development Academy (EDA) have... 


Report highlights data gap preventing small businesses from accessing finance
29th May 2025 By: Schalk Burger

The ‘South African MSME Access to Finance 2025’ report has showed that there is insufficient, and insufficiently granular, data on lending to small businesses, and South Africa should align with... 


Afreximbank appointed sole financial adviser for South African coal-to-fertiliser project
29th May 2025 By: Tasneem Bulbulia

Multilateral financial institution the African Export-Import Bank’s (Afreximbank’s) Advisory and Capital Markets (ACMA) department has been appointed and mandated as the exclusive financial adviser... 


Two local investment companies partner to provide R250m to local manufacturer
27th May 2025 By: Rebecca Campbell

Kholo Capital Mezzanine Debt Fund I (Kholo Capital) and Maia Capital Partners (Maia Capital) announced on Tuesday that they have partnered to provide R250-million in mezzanine debt funding to the... 


South African banknotes
Treasury invites bids for RSA Retail Bonds structured debt adviser
27th May 2025 By: Marleny Arnoldi

National Treasury has issued a new tender for a structured debt adviser to strengthen and modernise the RSA Retail Bonds programme, inviting qualified and experienced service providers to submit... 


UN ECA urges reforms to credit rating to support Africa's access to affordable capital
26th May 2025 By: Schalk Burger

The United Nations Economic Commission for Africa (ECA) has called for reforms to sovereign credit rating practices that, despite clear signs of macroeconomic resilience and structural reform... 


Standard Bank Investment Banking energy and infrastructure finance VP Pius Alweendo
Standard Bank to provide N$1.2bn for 44 MW Diaz wind project in Namibia
26th May 2025 By: Schalk Burger

Financial services firm Standard Bank has partnered with wind power project company InnoVent SAS to fund the development and construction of the 44 MW Diaz wind project, which will be Namibia’s... 


Standard Bank issues first bond under new ZARONIA floating interest rate benchmark
23rd May 2025 By: Schalk Burger

Financial services firm Standard Bank of South Africa has issued its first listed bond in South Africa using the newly established South African Rand Overnight Index Average (ZARONIA) floating... 


An image of KPMG global transfer pricing services associate director Christian Wiesener
Efforts to improve infrastructure could spur investment
23rd May 2025 By: Nadine Ramdass

While many Germany-headquartered companies view South Africa comparatively positively, key concerns, such as logistical challenges, should be addressed to further enhance the country’s... 


EAAIF raises $325m as part of $1bn Africa, Asia infrastructure plan
22nd May 2025 By: Schalk Burger

Blended public and private debt capital finance organisation the Emerging Africa and Asia Infrastructure Fund (EAAIF) has successfully raised $325-million in new debt facilities, which will help... 


Organisations need to use technologies as tools to combat fraud
22nd May 2025 By: Schalk Burger

Cybercriminals are using AI tools to commit a range of fraudulent crimes and, while machine learning (ML) and AI tools can help companies to detect and prevent fraud, only the active, focused use... 


SAVCA former CEO Tshepiso Kobile
SAVCA CEO steps down, interim executive director appointed
19th May 2025 By: Sabrina Jardim

The Southern African Venture Capital and Private Equity Association (SAVCA) has announced the departure of CEO Tshepiso Kobile, who is leaving to pursue new professional opportunities. To ensure... 


An image of Business Leadership South Africa CEO Busi Mavuso
BLSA CEO calls for proper fiscal prudence in revised budget
19th May 2025 By: Tasneem Bulbulia

Finance Minister Enoch Godongwana will deliver a revised Budget speech this week, and it is crucial that this strikes the right balance of fiscal prudence, business organisation Business Leadership... 


An image of National Treasury's logo
Govt vows to continue growth push as S&P maintains a positive outlook on South Africa
19th May 2025 By: Tasneem Bulbulia

Following S&P Global Ratings’ decision to affirm South Africa’s long-term foreign and local currency debt ratings at ‘BB-’ and ‘BB’, respectively, and maintain the positive outlook, government’s... 


Fetola Fire aims to ready 60 agriculture, manufacturing and retail entrepreneurs for growth
16th May 2025 By: Schalk Burger

Investment-readiness programme Fetola Fire, which is supported by investment and commercial financial services firm JPMorgan Chase, will provide 60 entrepreneurs with investment-readiness training,... 


Nampak to report positive interim results, despite constrained consumer spending
16th May 2025 By: Schalk Burger

JSE-listed packaging company Nampak recorded top line growth, margin expansion, a 22% increase in trading profit and a 7% increase in operating profit for the six-month period to March 31. Revenue... 


A2X CEO Kevin Brady
A2X announces UBS as first international broker to trade
15th May 2025 By: Creamer Media Reporter

Licensed stock exchange A2X Markets, which provides a secondary listing venue for companies, has announced that UBS South Africa aims to start trading on its platform in the second quarter of this... 


Patrick Dlamini will take over as CEO of the PIC in June
PIC welcomes Cabinet's confirmation of Patrick Dlamini as the asset manager's new CEO
15th May 2025 By: Creamer Media Reporter

The Public Investment Corporation's (PIC's) board has welcomed the confirmation, by Cabinet, of the appointment of Patrick Dlamini as the State-owned asset manager's new CEO. His appointment... 


A farm in South Africa
South Africa’s Land Bank in talks to raise as much as $1bn
15th May 2025 By: Bloomberg

A State-owned South African bank that finances farmers is in talks with funders to raise as much as $1-billion as it recovers from a default five years ago. The Land & Agricultural Development Bank... 


Calgro M3 posts lower revenue but higher gross profit margins
12th May 2025 By: Schalk Burger

JSE-listed property development company Calgro M3 recorded a 32.69% year-on-year decrease in revenue to R868.9-million for the financial year ended February 28, but its gross profit margin... 


Milken-Motsepe prize awarded to Verto fintech; AI and manufacturing prize launched
9th May 2025 By: Schalk Burger

Development think tank the Milken Institute and philanthropy organisation the Motsepe Foundation have awarded UK-based fintech Verto the $1-million Milken-Motsepe Prize in FinTech for its... 


DBSA supporting urban development through GEF-funded programme
8th May 2025 By: Tasneem Bulbulia

Development finance institution the Development Bank of Southern Africa (DBSA) has highlighted its role in advancing sustainable infrastructure development in partnership with the Global... 


African Rainbow Capital shareholders approve delisting and re-domiciliation
7th May 2025 By: Schalk Burger

Investment company African Rainbow Capital’s (ARC’s) shareholders on May 6 approved the delisting of the ARC Investments (ARCI) company from the JSE and removal of its shares from A2X Markets, and... 


Trust, integrity to scale fintech landscape at core of G20 TechSprint challenge
6th May 2025 By: Schalk Burger

Trust and integrity are the backbone of any resilient financial system and the G20 2025 TechSprint challenge calls on innovators to develop verifiable and privacy-preserving digital identity... 


Experts convene in Washington to advance dialogue on African-led input in credit rating ecosystem
2nd May 2025 By: Sabrina Jardim

At a high-level dialogue held on the sidelines of the 2025 IMF–World Bank Spring Meetings, African institutions and global credit rating agencies reaffirmed their commitment to developing a fair,... 


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