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Finance Minister Enoch Godongwana
Treasury holds first round of workshops on fiscal anchors, broad public engagement to follow
15th September 2025 By: Darren Parker

The National Treasury has reported back on the first round of consultative stakeholder workshops on its Fiscal Anchors discussion document, which was published on March 12. The workshops marked the... 


Ascendis considers JSE delisting with conditional 97c a share buyback offer
12th September 2025 By: Darren Parker

JSE-listed health and wellness company Ascendis Health has started a process that could lead to the company being delisted from the exchange. As part of this process, the company has made a... 


Momentum installs solar plants at its offices in Gauteng, the Western Cape
12th September 2025 By: Schalk Burger

JSE-listed life insurance and financial services firm Momentum Group has installed two large-scale solar energy plants at its Centurion head office, in Gauteng, and its Parc du Cap regional office,... 


DTIC Minister Parks Tau
Draft National Credit Act regulations withdrawn
12th September 2025 By: Schalk Burger

Trade, Industry and Competition Minister Parks Tau has withdrawn the draft National Credit Act amendment regulations, which list educational institutions as originators of credit information,... 


Pan-African industrial developer has successfully concluded a major capital raise
11th September 2025 By: Rebecca Campbell

Dubai-based pan-African integrated industrial zone developer and operator ARISE Integrated Industrial Platforms (ARISE IIP), founded in 2010, has announced that it has successfully raised... 


Barloworld signs
Namibia clears Newco’s Barloworld takeover as Botswana, US disclosure conditions also met
11th September 2025 By: Darren Parker

JSE-listed Barloworld and investor consortium vehicle Newco have confirmed that the Namibian Competition Commission has granted unconditional approval for the implementation of Newco’s takeover... 


Standard Bank CIB head of power Rentia van Tonder
Mulilo Energy secures R7bn facility from Standard Bank for growth
11th September 2025 By: Schalk Burger

Renewable energy developer and independent power producer Mulilo Energy has secured an initially R1.1-billion corporate facility from financial services firm Standard Bank to support equity... 


South African fintech startup gets major investment to scale up its operations
10th September 2025 By: Rebecca Campbell

South African startup fintech company Float has obtained funding of $2.6-million (R46-million), to scale-up its local operations, improve its proprietary technology card-linked instalment platform... 


Finance Minister Enoch Godongwana
Godongwana announces new board appointments for the Land Bank
5th September 2025 By: Sabrina Jardim

Finance Minister Enoch Godongwana, on September 5, announced the appointment and reappointment of directors to the board of directors of the Land and Agricultural Development Bank (Land Bank),... 


Fortress increases total full-year distributions to R1.9bn
5th September 2025 By: Schalk Burger

JSE-listed real estate investment company (REIC) Fortress Real Estate Investments has increased its total distributions for the financial year ended June 30 by 9.4% year-on-year to R1.9-billion.... 


Sales of Chinese vehicles jumped 89% in the first half of 2025 – AutoTrader
4th September 2025 By: Schalk Burger

New car sales of Chinese brands have skyrocketed and vehicle trading company AutoTrader’s latest Mid-Year Report shows that sales of Chinese brands rose by 89% in the first half of this year, led... 


Stanlib accelerates private markets impact with R250m for affordable housing
3rd September 2025 By: Sabrina Jardim

Asset management company Stanlib Asset Management has reinforced its commitment to social infrastructure development with a R250-million loan facility to Calgro M3, a JSE-listed developer... 


infrastructure at sunset
DBSA posts record R5.3bn profit, strong loan repayments despite tough economic climate
3rd September 2025 By: Darren Parker

The Development Bank of Southern Africa (DBSA) has reported record yearly earnings, with net profit rising 14.4% to R5.3-billion for the financial year ended March 31, alongside the strongest loan... 


Murray & Roberts Limited secures additional R80m in business rescue funding
3rd September 2025 By: Schalk Burger

Murray & Roberts Limited (MRL) – currently under business rescue – says its business rescue practitioners (BRPs) have secured an additional R80-million in post-commencement finance (PCF), which... 


Cashbuild grows revenue, operating profit, HEPS and dividend
3rd September 2025 By: Schalk Burger

JSE-listed building materials and products retailer Cashbuild has reported a 5% year-on-year increase in revenue for the financial year ended June 29 to R11.5-billion, while its operating profit... 


Global SME Finance Forum an opportunity to diversify export relationships, funding sources
2nd September 2025 By: Schalk Burger

The upcoming Global SME Finance Forum, which is an official side event of the G20 South Africa Presidency, will provide access to international funding solutions and market opportunities for South... 


Bidvest posts 5% revenue growth, while Citron acquisition gives it growth prospects in North America
1st September 2025 By: Schalk Burger

JSE-listed diversified services, trading and distribution company Bidvest reported that revenue grew by 4.9% to R126.6-billion for the year ended June 30, up from R120.7-billion in the prior... 


Standard Bank launches platform to help African businesses integrate sustainability and ESG
27th August 2025 By: Rebecca Campbell

Leading South African financial institution, Standard Bank, has launched a free online platform, available on the bank’s website, to help and empower African businesses through the provision of... 


Bidcorp CEO Bernard Berson
Bidcorp delivers revenue, profit growth despite cost of living challenges facing consumers
27th August 2025 By: Schalk Burger

JSE-listed food services multinational Bidcorp reported net revenue for the financial year ended June 30, of R235.6-billion, up 4.3% in rand terms from the R225.9-billion reported in the prior... 


damaged road
AfDB to scale PET asphalt concrete solution to lessen African road maintenance backlogs
27th August 2025 By: Marleny Arnoldi

The African Development Bank (AfDB) has signed a letter of intent with three companies to advance cooperation in the deployment of innovative, climate-resilient road maintenance in Africa. The... 


Godongwana appoints interim CEO at Government Pensions Administration Agency
26th August 2025 By: Marleny Arnoldi

Finance Minister Enoch Godongwana has appointed Job Stadi Mngomezulu as acting CEO of the Government Pensions Administration Agency (GPAA). This follows the suspension of Kedibone Madiehe pending... 


Drone
AfDB partners with drone maker Aerosense to advance deployment in Africa
25th August 2025 By: Marleny Arnoldi

The African Development Bank (AfDB) has partnered with Japanese drone manufacturer Aerosense to advance sustainable infrastructure solutions in Africa. The parties signed a letter of intent on... 


Adcock’s full-year results benefit from good second-half performance
22nd August 2025 By: Schalk Burger

JSE-listed pharmaceuticals manufacturer Adcock Ingram has recorded a 1% increase in revenue to R9.76-billion for the financial year ended June 30, while basic earnings a share increased by 8%... 


Impact Fund Denmark CEO Lars Bo Bertram
New financing opportunities for Danish companies operating in Africa
22nd August 2025 By: Sabrina Jardim

As part of the Danish government’s 2024 Africa Strategy, Impact Fund Denmark, together with the Danish Ministry of Foreign Affairs, is launching a new DKr 350-million Africa Facility to support... 


An image of Seriti Resources CEO Mike Teke
Seriti Power Community Trust invests R19m in early childhood development centres
22nd August 2025 By: Tasneem Bulbulia

The Seriti Power Community Trust has invested R19-million in early childhood development (ECD) infrastructure across Mpumalanga and the Free State. Currently, 543 learners are enrolled and... 


Tati Software founder Bertha Kgokong
AI-powered business management platform launched to formalise, scale small businesses
22nd August 2025 By: Schalk Burger

Custom software development company Tati Software founder Bertha Kgokong has launched Skhokho 2.0 – a business management platform designed for entrepreneurs and small businesses. The platform aims... 


An image of Karin du Toit
Transformation more than numbers game
22nd August 2025

Over the past decade, significant strides have been made globally and locally towards improving gender representation in the workplace. Yet, despite this progress, the financial services sector,... 


AIIM, Motseng Investment launch women-owned investment company
21st August 2025 By: Schalk Burger

Private equity infrastructure fund manager African Infrastructure Investment Managers (AIIM) and diversified investment holding company Motseng Investment Holdings have formed the women-owned... 


Kenya foreign minister Musalia Mudavadi
Kenya gets $169m in Japan Samurai financing to boost industries
21st August 2025 By: Reuters

Japan will provide up to ¥25-billion ($169.42-million) in Samurai financing to Kenya that will be directed towards boosting the East African nation's vehicle assembly and energy sectors, officials... 


Dipula Properties CEO Izak Petersen
Dipula completes five strategic acquisitions for R700m
20th August 2025 By: Schalk Burger

JSE-listed real estate investment trust Dipula Properties has made five strategic acquisitions totalling about R700-million, including the R480-million acquisition of Protea Gardens Mall, in... 


BCG Johannesburg associate director Kitso Lemo
Africa fintech market set for growth, fuelled by demand for digital innovation
20th August 2025 By: Schalk Burger

The African fintech sector is experiencing rapid growth, driven by a combination of economic expansion, high demand for financial services and innovative solutions addressing longstanding gaps in... 


Maize
Land Bank Insurance Company offers new automatic climate-safeguarding product for crop farmers
19th August 2025 By: Marleny Arnoldi

The Land Bank Insurance Company has announced that it will expand its pilot product “index insurance” by introducing Area-Yield Index Insurance (AYII) This offering is designed to safeguard... 


FNB Agriculture head of information and marketing Dawie Maree
Veld fires can drive up food prices, especially meat – FNB Agriculture
19th August 2025 By: Schalk Burger

The frequency and severity of veld fires are expected to continue increasing in South Africa and the damage could result in higher food prices, as this severely impacts on farm production costs,... 


The Reserve Bank logo
South Africa banks curb lending over climate-related default risks, study finds
19th August 2025 By: Reuters

South African banks have become more reluctant to lend as the threat of extreme weather events has heightened the risk of defaults, a study by the South African Reserve Bank showed on Monday. The... 


PIC calls for greater private investment to bridge Africa’s $170bn infrastructure gap
15th August 2025 By: Darren Parker

The Public Investment Corporation (PIC) has called for more investment to bridge Africa’s infrastructure gap in its second research paper, titled ‘Using Listed and Unlisted Financial Instruments to... 


Western Cape Provincial Agriculture, Economic Development and Tourism Minister Ivan Meyer
Western Cape govt downgrades its economic growth ambitions following South Africa’s diplomatic fallout with the US
14th August 2025 By: Darren Parker

Following the diplomatic failures that have transpired between South Africa and the US over the past six months, along with the 30% tariffs imposed on South African exports to the US as of August... 


An SME using iKhoka's technology
Nedbank acquires iKhokha to deepen SME services
13th August 2025 By: Schalk Burger

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... 


FNB Points of Presence CEO Zibu Nqala
FNB to open smart ID, passport booking services to all South Africans
12th August 2025 By: Schalk Burger

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... 


Trade, Industry and Competition Minister Parks Tau
27four, dtic confirm support for Transformation Fund
11th August 2025 By: Schalk Burger

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... 


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Magazine round up | 12 September 2025
Magazine round up | 12 September 2025
12th September 2025
An image of the Valkenburgh milling facility launch
OMV launches new milling facility in Mpumalanga
10th September 2025 By: Tasneem Bulbulia

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