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IATA cuts 2025 SAF forecast, warns EU, UK mandates stalling progress
9th December 2025 By: Darren Parker

The International Air Transport Association (IATA) has lowered its forecast for global sustainable aviation fuel (SAF) production for this year, stating that government mandates in the EU and the... 


construction cranes sunset
South Africa raises R11.8bn in first Infrastructure and Development Finance Bond
9th December 2025 By: Darren Parker

The National Treasury has successfully raised nearly R11.8-billion through South Africa’s inaugural Infrastructure and Development Finance Bond, marking a major step in financing priority public... 


Turner & Townsend to acquire pan-African real estate project management firm Profica
9th December 2025 By: Schalk Burger

Professional services company Turner & Townsend will acquire Johannesburg-headquartered specialist real estate project management and construction solutions consulting firm Profica. This strategic... 


Nampak grows full-year revenue and Ebitda, reduces debt
8th December 2025 By: Schalk Burger

JSE-listed packaging company Nampak increased its revenue for the financial year ended September 30, by 8% year-on-year, while trading profit increased by 26% and trading margin improved to 12.3%... 


Five35 Ventures secures anchor investment from the MEDA
5th December 2025 By: Schalk Burger

Venture capital fund Five35 Ventures has secured an anchor investment from economic development organisation the Mennonite Economic Development Associates (MEDA) Mauritius Foundation, which also... 


Aveng to retain ownership of McConnell Dowell, Moolmans sale negotiations continue
5th December 2025 By: Schalk Burger

Following thorough investigations of a range of options for the separation of New Zealand-based infrastructure construction company McConnell Dowell, JSE-listed construction and engineering company... 


Collaboration across sectors best way of combating financial scamming
5th December 2025 By: Schalk Burger

Collaboration, not only among financial institutions, but also among sectors that provide digital services, is the most effective means of combating the growth of financial scamming taking place in... 


Developing countries’ debt outflows hit highs – World Bank report
3rd December 2025 By: Tasneem Bulbulia

Developing countries paid out $741-billion more in principal and interest on their external debt than they received in new financing between 2022 and 2024 – the largest gap in at least 50 years,... 


Incoming PwC South Africa CEO Anastacia Tshesane
PwC South Africa appoints Anastacia Tshesane as incoming CEO
3rd December 2025 By: Schalk Burger

PwC has appointed PwC South Africa governing board and PwC Africa governance board chairperson Anastacia Tshesane as the new PwC South Africa CEO, with effect from July 1, 2026. Tshesane has served... 


SARB announces Jibar to cease at end of 2026
3rd December 2025 By: Schalk Burger

The South African Reserve Bank (SARB) says the Johannesburg Interbank Average Rate (Jibar) will be permanently discontinued immediately after its final publication on December 31, 2026. All Jibar... 


An image of a healthcare practitioner assisting a patient
Norway reaffirms support for low-income African countries
3rd December 2025 By: Sabrina Jardim

The African Development Bank Group (AfDB) says Norway has reaffirmed its long-standing commitment to Africa’s low-income countries with a NKr3.1-billion pledge to the African Development Fund’s... 


NPC inclusive and fair economy work stream member Professor Mark Swilling
National Planning Commission report shows capital build-up without reinvestment in gross fixed capital formation
2nd December 2025 By: Schalk Burger

A new report by the National Planning Commission (NPC) shows that there is a significant build-up of capital in the economy that is not being reinvested in gross fixed capital formation (GFCF), but... 


DBSA logo
DBSA reports higher interim net profit, operating income
2nd December 2025 By: Sabrina Jardim

The Development Bank of Southern Africa (DBSA) has reported a 9.3% year-on-year increase in its net interest income to R4.4-billion and a 55.9% increase in operating income to R5.6-billion for the... 


Local government expenditure expected to exceed revenue for next three years - Treasury
1st December 2025 By: Schalk Burger

National Treasury has published the 2025/26 Medium Term Revenue and Expenditure Framework (MTREF) operating and capital budgets of municipalities, which shows that the aggregated budgeted revenue... 


Kenya, Somali security exchanges sign partnership for cross-border investment and financial integration
28th November 2025 By: Schalk Burger

The Nairobi Securities Exchange (NSE) of Kenya and the National Securities Exchange of Somalia (NSES) have signed an agreement to deepen cooperation in East Africa’s capital-markets ecosystem and... 


The late CEF chairperson Unati Figlan
CEF mourns sudden death of a director
28th November 2025 By: Darren Parker

The Central Energy Fund (CEF) has conveyed its regret at the sudden passing of director Unati Figlan, who also served as the chairperson of legacy entities PetroSA, Strategic Fuel Fund and iGas.... 


RMB chief economist Isaah Mhlanga
African resources to drive global energy transition, but capital to develop remains expensive - RMB
28th November 2025 By: Schalk Burger

Africa's natural capital of mineral and natural resources underpins the continent’s development agenda and places it at the centre of the global clean energy transition, and demand for critical... 


Iron-ore
AfDB, EIB lend Mauritania $275m for railway upgrade
28th November 2025 By: Reuters

The African Development Bank (AfDB) and the European Investment Bank (EIB) signed a financing package worth $275-million to help Mauritania upgrade its main railway corridor. Under the agreement,... 


A2X retains 40 issuers after FSCA process concludes
27th November 2025 By: Darren Parker

South African alternative stock exchange A2X Markets has retained 40 of the 43 companies listed through its 2023 opt-out admission process following the conclusion of its 90-day enforceable... 


IFC extends $58.5m loan to Candi Solar for South African, Indian solar projects
27th November 2025 By: Schalk Burger

Commercial and industrial solar power company Candi Solar has secured $58.5-million in funding from development finance institution the International Finance Corporation (IFC), which is a member of... 


Transnet, Nedbank reach R600m settlement in dispute dating back to 2015
26th November 2025 By: Marleny Arnoldi

State-owned freight utility Transnet confirms that it has reached a commercial settlement agreement with financial services provider Nedbank in a protracted legal dispute between the parties.... 


Cranes at a construction site
National Treasury issues new infrastructure, development finance bond
26th November 2025 By: Sabrina Jardim

The National Treasury has launched a new infrastructure and development finance bond, which will be issued to the market under government’s domestic borrowing programme. This is part of a suite of... 


For each $1bn invested in data centres, $125m of investments needed in energy infrastructure – Coface
26th November 2025 By: Schalk Burger

Every $1-billion invested globally in AI-dedicated data centres requires about $125-million in related energy-sector investment, with two-thirds of this amount needed for grid upgrades and... 


AFC president and CEO Samaila Zubairu (left) and BADEA president Abdullah Almusaibeeh
African development finance institutions sign loan facility agreement
26th November 2025 By: Rebecca Campbell

Infrastructure and industrial development institution Africa Finance Corporation (AFC) has obtained a $75-million loan facility from the Arab Bank for Economic Development in Africa (BADEA). The... 


Kusile power station
Eskom cuts R1.6-billion claim down to R580-million in final Kusile settlement
26th November 2025 By: Darren Parker

State-owned utility Eskom has confirmed the successful resolution of a long-standing commercial dispute that began in 2022, with the Stefanutti Stocks Basil Read (SSBR) joint venture (JV) relating... 


Next six months critical for Takealot as it aims for full-year profit
25th November 2025 By: Schalk Burger

E-commerce retailer and service provider Takealot increased its revenue by 23% year-on-year for the six months to September 30, and narrowed its loss before interest and taxes by 68% to... 


Summit Africa raises R900m with second private equity fund
25th November 2025 By: Schalk Burger

Impact investment management company Summit Africa has secured about R900-million in investment commitments toward its second private equity fund Summit Private Equity Fund II’s (SPEF II’s) target... 


Sars launches Large Business Forum to boost relationships and compliance
24th November 2025 By: Schalk Burger

The South African Revenue Service (Sars) has launched the Large Business Forum to foster voluntary compliance and strengthen the relationship with South Africa’s largest corporate taxpayers. “The... 


PPC CEO Matias Cardarelli
PPC grows interim revenue, earnings, Ebitda as turnaround gains momentum
24th November 2025 By: Schalk Burger

JSE-listed cement and building materials manufacturer PPC has reported a 6.2% year-on-year increase in revenue and a 23.5% year-on-year increase in earnings before interest, taxes, depreciation and... 


Naspers, Prosus provide $100 000 grant funding to five female founder winners of Africa Tech Challenge
21st November 2025 By: Schalk Burger

JSE-listed technology investment management companies Naspers and its Europe-listed subsidiary Prosus will provide equity-free grant funding totalling $100 000 to the five winning female founders... 


Transnet CE Michelle Phillips
EIB Global extends €350m loan to Transnet for modernisation, green hydrogen efforts
21st November 2025 By: Schalk Burger

Multilateral finance institution the European Investment Bank’s (EIB’s) development finance arm EIB Global has extended a €350-million loan to State-owned transport and logistics company Transnet.... 


Capitec CEO Graham Lee
Finance industry on the right track to fast, secure payments, says Capitec
21st November 2025 By: Schalk Burger

South Africa's finance industry is on the right track to enable real-time payments, with initiatives such as low-cost money transfer scheme PayShap moving the country towards the unified, real-time... 


New regulatory initiative aims to accelerate venture capital growth in South Africa
20th November 2025 By: Tasneem Bulbulia

A new regulatory initiative aimed at unlocking global capital flows for local startups was unveiled during a panel discussion at the recent South African Venture Capital and Private Equity... 


Paschal Donohoe appointed World Bank MD, chief knowledge officer
18th November 2025 By: Tasneem Bulbulia

International development organisation the World Bank Group has appointed Paschal Donohoe as MD and chief knowledge officer, effective November 24. Donohoe has served as Ireland's Minister for... 


Anti-fraud professionals warn of continuing rise in AI-powered fraud techniques
18th November 2025 By: Schalk Burger

A cross-industry survey of anti-fraud professionals found that 77% of respondents reported an acceleration in deepfake social engineering over the past 24 months; and that 28% of respondents expect... 


President Cyril Ramaphosa
Ramaphosa touts progress as G20 faces boycotts, scepticism
17th November 2025 By: Darren Parker

As South Africa hosts the G20 leadership summit this week, President Cyril Ramaphosa has positioned the moment as evidence of national progress. Yet the broader economic picture remains mixed, with... 


Cranes used for construction
Developer urges use of pension funds to fuel local construction growth
14th November 2025 By: Darren Parker

South African pension funds should be used more aggressively to finance local construction, Oceans Umhlanga Development chairperson and developer Vivian Reddy has said, arguing that current... 


Commentators praise MTBPS fiscal discipline, moving expenditure to investment
13th November 2025 By: Schalk Burger

Various business organisations and economists have praised the 2025 Medium-Term Budget Policy Statement (MTBPS), delivered by Finance Minister Enoch Godongwana on November 12, for maintaining... 


President Cyril Ramaphosa
Ramaphosa reiterates government’s shift from consumption to investment
13th November 2025 By: Darren Parker

President Cyril Ramaphosa has reiterated government’s strategic shift in government spending during his address at the 2025 National Construction Summit in Ekurhuleni, on November 13, promising the... 


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Magazine round up | 05 December 2025
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