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Global economic growth to suffer immediate setbacks because of US tariffs – analysts
17th April 2025 By: Darren Parker

Global economic growth is expected to be significantly and immediately curtailed as a result of the ongoing US trade actions, global advisory firm Oxford Economics warned in a recent webinar on... 


Nhanale and Solidaridad Mozambique programmes head Humphrey Nxumalo in Boane District
Regenerative agriculture for sustainable livelihoods promotion project for Mozambique launched
16th April 2025 By: Schalk Burger

The Promoting Regenerative Agriculture for Sustainable Livelihoods (PRASL) project, which will see €1.5-million invested over three years to support 4 000 smallholder farmers, has been launched in... 


PPS delivers highest-ever profit share of R5.33bn to members
15th April 2025 By: Darren Parker

Financial services provider Professional Provident Society (PPS) has allocated an all-time high R5.33-billion in profit-share to members in South Africa with qualifying life-risk products’ notional... 


Coins stacked
African venture capital ecosystem data shows resilience of continental investor funds
14th April 2025 By: Marleny Arnoldi

The African Private Capital Association (Avca) finds in its ‘2024 Venture Capital in Africa’ report that last year was challenging for African start-up companies, while the continent had also... 


Macpherson fires back at court application intended to block his appointment of IDT trustees
11th April 2025 By: Darren Parker

Public Works and Infrastructure Minister Dean Macpherson has filed an answering affidavit opposing a court application by two entities, Black Forum South Africa (BFSA) and Izwi Labantu Forum (ILF),... 


Vunani Securities CEO Michael Makate
Vunani Coronation Training Academy celebrates 21 years
11th April 2025 By: Sabrina Jardim

The Vunani Coronation Training Academy celebrated 21 years as Africa’s only dedicated training academy for equity investment analysts, offering intensive on-the-job training and mentorship. The... 


Clean technology fund secures initial R2.4bn
11th April 2025 By: Darren Parker

Investment firm New GX Capital has announced the first close of Airnergize Capital, which aims to R4-billion by final close to accelerate clean technology solutions in renewable energy, gas and... 


Africa Finance Corporation reports that 2024 saw its strongest ever financial performance
10th April 2025 By: Rebecca Campbell

Africa-focused infrastructure and industry development investment catalyst group, the Africa Finance Corporation (AFC), has reported that last year (ending December 31) was its strongest-ever... 


BBCBE president Danny Masimene
We can no longer blame Apartheid for economic failures, BBCBE’s Masimene says
10th April 2025 By: Darren Parker

After more than 30 years of democracy, South Africa’s numerous economic problems can no longer be blamed on Apartheid but rather must be blamed on the black-led government that has held the reins... 


South Africa rises in Kearney’s emerging markets rankings
9th April 2025 By: Tasneem Bulbulia

South Africa rose to seventh position from eleventh in the emerging markets rankings section of Kearney’s Global Business Policy Council’s 2025 Foreign Direct Investment (FDI) Confidence Index, a... 


Standard Bank announces expanded roles for Tshabalala, Fuzile
9th April 2025 By: Schalk Burger

Financial services firm Standard Bank Group has announced the appointment of Sim Tshabalala as interim CE of Standard Bank of South Africa (SBSA) with effect from April 8, subject to regulatory... 


An image of DBSA transacting group executive Mpho Mokwele
DBSA-supported wind farm reaches financial close
7th April 2025 By: Tasneem Bulbulia

The first phase of the Overberg Wind Farm project, developed by renewable energy independent power producer Red Rocket, reached financial close on March 13. The Development Bank of Southern Africa... 


Westbrooke Real fund manager Saul Maserow
Westbrooke seeks to grow its 30 MW renewable energy portfolio further
7th April 2025 By: Darren Parker

Alternative investment funds and co-investment platforms manager and adviser Westbrooke Alternative Asset Management says it is seeing strong growth in renewable energy in South Africa and that it... 


Business Leadership South Africa CEO Busisiwe Mavuso
South Africa should respond to macroeconomic turbulence with resilience and strategic foresight, Mavuso says
7th April 2025 By: Darren Parker

Following last week’s announcement by US President Donald Trump that South Africa will be subjected to 30% tariffs on all imports into the US, alongside the passing of the 2025 Budget that will see... 


Yoco adds free additional tools to its SME business services platform
4th April 2025 By: Schalk Burger

Small and medium-sized digital business tools company Yoco has added a range of new features to its platform. The tools connect and share data to provide business owners with real-time insight into... 


Magazine Cover Image
SABS investigation continues amid unsettling allegations of mismanagement
4th April 2025 By: Darren Parker

Ever since allegations of corruption and mismanagement against State-owned entity the South African Bureau of Standards (SABS) started to surface late last year, the organisation has been under... 


An image of the IFC logo
Raxio secures $100m from IFC to develop sub-Saharan African data centres
3rd April 2025 By: Tasneem Bulbulia

financing from World Bank Group member the International Finance Corporation (IFC). The funding will accelerate Raxio’s expansion of facilities powering technologies like AI, cloud computing and... 


Preference Capital secures R450m funding to drive SME Growth
2nd April 2025 By: Schalk Burger

Small and medium-sized enterprises financial services provider Preference Capital Group has secured R450-million in capital from diversified financial services management firm Rand Merchant Bank... 


FNB AgencyPlus sign outside township store
New FNB AgencyPlus service to bring banking services to townships through agent stores
2nd April 2025 By: Darren Parker

Financial services provider FNB has launched a new service, FNB AgencyPlus, to expand access to basic banking services and cash in close proximity to both unbanked and underbanked individuals in... 


Public Works and Infrastructure Minister Dean Macpherson
Final report on wasteful Telkom Towers project expected by end of April, Macpherson says
1st April 2025 By: Darren Parker

The final forensic report on the controversial Telkom Towers project will be delivered by the end of April, Public Works and Infrastructure Minister Dean Macpherson has revealed. In August last... 


Standard Bank head of sustainability Boitumelo Sethlatswe
Standard Bank sets new sustainable finance target of R450bn by 2028
1st April 2025 By: Schalk Burger

Financial services provider Standard Bank has updated its group sustainable finance targets and aims to mobilise more than R450-billion by 2028 for energy and infrastructure development on the... 


Ascendis Health increases interim NAV from organic growth
27th March 2025 By: Schalk Burger

Health and wellness investment holding company Ascendis Health increased its net asset value (NAV) by 12% year-on-year to R660-million for the six months ended December 31. The higher NAV was... 


carbon tax illustration
African exporters to face market challenges as EU expands Carbon Border Tax
26th March 2025 By: Darren Parker

Recent amendments to the EU’s Carbon Border Adjustment Mechanism (CBAM) regulatory framework, introduced on February 26, are expected to have significant implications for African exporters. The... 


IFC Southern Africa regional director Cláudia Conceição and IDC CEO Mmakgoshi Lekhethe
IDC raises R2bn in maiden sustainable bond
24th March 2025 By: Sabrina Jardim

The Industrial Development Corporation (IDC) has issued a R 2.05-billion inaugural sustainability bond, surpassing the R1.5-billion target with an order book of R3.46-billion. The bonds were issued... 


ARC Investments reports improved INAV; flags proposed delisting
18th March 2025 By: Schalk Burger

JSE-listed investment holding company African Rainbow Capital (ARC) Investments said it has experienced steady portfolio growth for the six months to December 31, 2024, with its intrinsic net asset... 


DBSA CEO Boitumelo Mosako
DBSA CEO stresses need for research to support policy decisions
18th March 2025 By: Sabrina Jardim

Development Bank of Southern Africa (DBSA) CEO Boitumelo Mosako has emphasised the importance of data driven and evidence-based policies, especially in the context of a complex geopolitical... 


An image of Standard Bank Corporate and Investment Banking CEO Luvuyo Masinda
Standard Bank partners with Zeda on bond issuance
18th March 2025 By: Tasneem Bulbulia

Financial services provider Standard Bank has partnered with Zeda for its first bond issuance since listing on the JSE. Zeda, a Southern African integrated mobility solutions provider, was... 


Complexity of South Africa's economic environment led to tough Budget balancing
13th March 2025 By: Schalk Burger

While national tax policy is based on the premise that a revenue service can continue to collect more revenue on the basis of growth in an economy, growth has been elusive for South Africa's... 


Sars Commissioner Edward Kieswetter
Kieswetter confident that Sars modernisation will boost tax collection
13th March 2025 By: Marleny Arnoldi

South African Revenue Service (Sars) Commissioner Edward Kieswetter on March 13 explained the revised revenue estimate presented by Finance Minister Enoch Godongwana in the Budget tabled in... 


Standard Bank secures $250m loan from IFC to boost green financing initiatives
12th March 2025 By: Schalk Burger

Financial services firm Standard Bank has successfully closed a $250-million, seven-year unsecured loan from the International Finance Corporation (IFC), which will significantly bolster the bank's... 


Enoch godongwana with GNU logo and money
Budget needs to reduce policy, economic uncertainty, Busa says
12th March 2025 By: Darren Parker

After its unexpected postponement owing to disagreements between the partners in the Government of National Unity (GNU) last month, the 2025 Budget needs to reduce the policy and economic... 


An image of Unipro manufacturing
NEF invests in Unipro Protective Wear to support localisation
11th March 2025 By: Tasneem Bulbulia

The National Empowerment Fund (NEF) has announced its strategic investment in Unipro Protective Wear, a 100% black youth woman-owned business in South Africa’s clothing and textiles sector. Unipro... 


BLSA CEO Busisiwe Mavuso
Upcoming Budget speech has to grapple with rapidly changing geopolitical context, Mavuso says
10th March 2025 By: Darren Parker

Rapid changes in global geopolitics mean that this week’s Budget speech will takes place in an entirely different context, Business Leadership South Africa CEO Busisiwe Mavuso said in her weekly... 


AFC CEO Samaila Zubairu
AFC chief pushes to unlock billions from African pension funds
10th March 2025 By: Reuters

The Africa Finance Corporation (AFC) said it is accelerating efforts to mobilise the continent's money for investments and tapping investors in the Middle East and Asia, as developing nations... 


Lesaka Technologies finalises R507m acquisition of Recharger
6th March 2025 By: Schalk Burger

JSE- and Nasdaq-listed financial technology company Lesaka Technologies has completed the acquisition of South African prepaid electricity submetering and payment business Recharger for... 


EAAIF contributes $45m to CrossBoundary Energy’s renewables expansion
5th March 2025 By: Schalk Burger

Blended infrastructure finance fund the Emerging Africa & Asia Infrastructure Fund (EAAIF) has announced a $45-million funding contribution to commercial and industrial renewable energy company... 


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Avlock International

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