Financial services firm Nedbank Group has entered into a binding agreement to acquire 100% of fintech innovator iKhokha in an all-cash deal for about R1.65-billion. The acquisition will see iKhokha... 

Financial services firm First National Bank (FNB) has expanded its collaboration with the Department of Home Affairs (DHA) to enable the reissuance of smart IDs and passports using its banking app... 

Financial services firm 27four and the Department of Trade, Industry and Competition (dtic) have reaffirmed their shared commitment to unlocking South Africa’s full economic potential through the... 

Nasdaq-listed highly enriched isotopes company ASP Isotopes (ASPI) has opened a secondary inward listing of its common stock on the main board of the JSE. The board of directors of JSE-listed... 

The African Development Bank (AfDB) will take the lead in helping to raise $7.8-billion for a new airport in Ethiopia, the bank said. When completed in 2029, the airport will be the continent's... 

JSE-listed automotive components supplier Metair has reported that group revenue for the six months ended June 30, is expected to increase by between 52% and 54%, compared with the revenue of... 

Infrastructure development serves as an essential foundation for economic growth across the continent, but projects in African markets encounter distinct challenges and, therefore, the effective... 

Mineral and Petroleum Resources Minister Gwede Mantashe has said the 30% tariffs imposed on South African exports to the US are a form of death throes aggression, alleging that it is a desperate... 

The JSE delivered a strong first-half performance, with net profit after tax for the six months ended June 30 up 13.2% year-on-year to R557.8-million, group CEO Leila Fourie says in a statement... 

Gaming and betting company IZI Africa has completed the acquisition of cash management company G4S Cash Solutions South Africa, following the receipt of all necessary regulatory approvals. The... 

Market research and financial intelligence company S&P Global's South Africa Purchasing Managers’ Index (PMI) rose to 50.3 in July from 50.1 in June, signalling a slightly stronger, but marginal... 

The 30% tariff on South African exports to the US is expected to have a significant and multidimensional impact on the South African metals and engineering sector, Steel and Engineering Industries... 

South Africa recorded a preliminary trade balance surplus of R22-billion in June, the South African Revenue Services (Sars) reports. This surplus was attributable to exports of R170.7-billion and... 

The National Treasury has published two documents on enhancing South Africa’s approach to disaster risk insurance by better using private sector participation. The documents comprise a disaster... 

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) edged above the 50-point mark and recorded an expansion for the first time in nine months, increasing by 2.3 points to 50.8 in July,... 

Steelmaker ArcelorMittal South Africa (AMSA) is effectively putting its ambitious decarbonisation plans on hiatus while it figures out how to navigate the crisis surrounding the impending closure... 

As blockchain continues to gain momentum, Africa stands poised to leapfrog into a new era of technological advancement and economic empowerment, according to the third edition of the ‘African... 

Asset management firm Mergence Investment Managers has announced an additional R60-million investment in renewable energy company Solarise Africa. The latest funding, structured as a mezzanine... 

Financial services provider Sanlam has unveiled a 3 MW solar PV plant at its Bellville head office, in Cape Town. The installation powers Sanlam’s Bellville campus, which significantly reduces its... 

Policy reform, innovative financing, technological integration and capacity building are the four key pillars in overcoming barriers to infrastructure project development in Africa. This is... 

Nordex Energy South Africa has inducted a new group of interns into its national wind power internship programme, as part of its commitment to skills development and youth employment. This follows... 

The German Society for Cooperation, or GIZ, has, through KFW Development Bank, concluded a €500-million loan for the implementation of South Africa’s Just Energy Transition (JET). The loan will... 

Bombay- and New York-listed pharmaceutical manufacturer Natco Pharma has announced a firm intention to acquire 35.75% of the issued ordinary shares in JSE-listed pharmaceutical company Adcock... 

The South African National Roads Agency Limited (Sanral) on July 22 signed a R7-billion loan agreement with multilateral development bank the New Development Bank (NDB) to support the agency’s... 

The decision by ratings agency S&P Global to downgrade State-owned enterprise (SOE) Transnet’s credit rating was disappointing news for those in business eager to see the utility performing better,... 

The tax filing period via electronic filing (e-filing) and the South African Revenue Service (Sars) mobile application for individual taxpayers will be from July 21 to October 20. Provisional... 

More adults than ever in low- and middle-income countries have bank or other financial accounts, leading to a rise in formal saving, says the World Bank Group in its 'Global Findex 2025' report.... 

African infrastructure and industrial development finance institution, Africa Finance Corporation (AFC), has been given a long-term issuer credit rating of A+ by the Japan Credit Rating Agency... 

UK development finance institution British International Investment (BII), Zambia’s National Pension Scheme Authority (Napsa) and Swedish development finance institution Swedfund have launched the... 

Cape Town Stock Exchange-listed renewable energy investment fund Gaia Renewables 1 has acquired stakes in two renewable-energy plants after receiving project lender approval and after Competition... 

Given the current global geopolitical instability, Gauteng Department of Economic Development MEC Lebogang Maile says it is becoming increasingly evident that the future of Africa lies in its... 

Strategic investment in industrial energy ecosystems is essential to enhance cost effectiveness, global competitiveness and the resilience of South Africa’s special economic zones (SEZs), thereby... 

Driven by its core vision to drive Africa’s growth, financial services provider Standard Bank’s initiatives aim to create meaningful trade linkages and unlock economic opportunities for African... 

According to the Bureau of Market Research’s (BMR’s) 'Macroeconomic and retail trade sales forecast for South Africa 2025' report, retailers that are agile, responsive and informed by robust market... 

Serverless AI infrastructure platform company Cerebrium has secured $8.5-million in seed funding, which will allow the team to invest in new features of its platform and meet growing enterprise... 

Financial services firm Standard Bank Group has extended a R400-million working capital facility structured in a sustainable finance format to South African earned wage access provider Paymenow.... 

Financial services group Old Mutual has appointed Prabashini Moodley as CEO of its newly configured Life and Savings segment, effective August 1. She will continue to report directly to group CEO... 

The Gauteng Department of Agriculture and Rural Development (GDARD), together with the National Empowerment Fund (NEF), have announced a R100-million blended financing facility to support...