Investment company Futuregrowth Asset Management has invested R150-million in small, medium-sized and microenterprises (SMMEs) finance and specialist supply chain support financial technology... 

Digital financial services group Nubank has invested $150-million in Singapore-based financial services firm Tyme's oversubscribed $250-million Series D capital raise, with Catalyst subscribing for... 

Southern African Venture Capital and Private Equity Association (Savca) says South Africa’s private capital market has demonstrated remarkable resilience despite global economic challenges. The... 

Small business financier Business Partners has appointed Jeremy Lang as its new MD, effective January 1. Lang will succeed Ben Bierman, who is retiring after more than 35 years of service. 

Finance institution the African Development Bank Group (AfDB) has approved two financial facilities for South Africa-based Standard Bank Group to support economic development in Africa. The first... 

Bidvest Group has concluded an agreement for the disposal of 100% of Bidvest Bank Holdings to Access Bank for R2.8-billion. Bidvest Group CE Mpumi Madisa says that, as a well-respected,... 

HSBC and the World Bank's International Finance Corporation (IFC) will jointly provide funding to trade transactions valued at up to $1-billion, in a move to help fill a gap in financing for... 

The South African Banking Risk Information Centre (Sabric), the Directorate for Priority Crime Investigation (Hawks) and the Banking Association South Africa (Basa) have launched the Section 205... 

Payments technology company ACI Worldwide says in its 'Real-Time Payments: Economic Impact and Financial Inclusion' report that the contribution of real-time payments to South Africa's GDP is... 

A newly released report by technology and lifecycle solutions provider Wärtsilä shows that an area the size of Europe will need to be covered with renewable power to reach a clean energy future... 

Sweden-based development financier SwedFund has partnered with Danish Investment Fund for Developing Countries (IFU) to accelerate renewable energy development in Southern Africa. As a starting... 

South African independent power producer (IPP) Sturdee Energy has partnered with Namibian-owned entity Frans Indongo Group, to raise a project finance facility of N$500-million from RMB Namibia as... 

Banking services provider Nedbank Corporate and Investment Banking (CIB) has advised independent asset manager Coronation Fund Managers on a broad-based black economic empowerment (BBBEE)... 

South Africa has signed a pledge with the US city of Atlanta, Georgia, to encourage increased US investment in South Africa and vice versa. The signing took place at a trade and investment seminar... 

National Treasury has noted Moody’s decision to affirm the country’s long-term foreign and local currency debt ratings at Ba2 – otherwise known as non-investment grade or junk status – and maintain... 

National Treasury has extended the deadline for public comments on its ‘Taxation of alcoholic beverages’ discussion paper. The paper was published for public comment on November 13, alongside two... 

Pending the outcome of an investigation by the International Trade Administration Commission of South Africa (Itac) into the alleged dumping of structural steel products imported from China and... 

Africa recorded a 9% year-on-year increase in foreign direct investment (FDI) projects this year, albeit still 22% below prepandemic levels from 2019, EY Africa’s latest yearly ‘Africa... 

Mauritius-headquartered CrossBoundary Energy, which provides financed renewable-led power solutions to African enterprises, has secured a $140-million senior debt commitment from Standard Bank of... 

The proceeds of financial services provider FirstRand Bank's inaugural social bond will be allocated to fund financial services firm FNB’s lending to small, medium-sized and microenterprises... 

The South African Institute of Auctioneers (SAIA) has published a comprehensive new booklet to simplify the auction process for buyers, sellers and the general public. The ‘SAIA Auction Information... 

Multidisciplinary construction group Stefanutti Stocks says it is still commercially solvent despite its current liabilities exceeding its current assets by more than R1.2-billion and its total... 

Real-time payment request service PayShap Request, to be launched on December 2, will enable users to initiate payment requests instantly through their bank channels, thereby accelerating payment... 

According to the ‘Global Competitiveness Index’ compiled by the World Economic Forum and hosted on the World Bank's Prosperity Data360 platform, Namibia ranks highest in sub-Saharan Africa for road... 

A bank card that enables cardholders to manage their account and money through a WhatsApp solution has been launched by fintech Mama Money in collaboration with financial services firm Access Bank... 

National Treasury has published a carbon tax discussion paper for public comment, outlining Phase 2 of the carbon tax. Government announced its intention to do this in the 2024 Budget presented in... 

Settlements and payments services platform BankservAfrica intends to transition into a national payments utility through a significant industry collaboration with the South African Reserve Bank... 

Electricity and Energy Minister Dr Kgosientsho Ramakgopa has confirmed that an independent technical assessment of the R6.1-billion billing dispute between State-owned utility Eskom and the City of... 

In a webinar hosted by Creamer Media Webinars on behalf of professional sell-side mergers and acquisitions advisory Deal Leaders International (DLI), business owners and attendees gathered to... 

The head of France’s state development bank expects other development finance institutions to add to a €400-million ($432-million) climate loan for South Africa that partners will likely sign... 

Financial technology (fintech) companies in Africa have nearly tripled in number since 2020, improving access to finance for people and businesses across the continent, says development finance... 

The Office of the Tax Ombud (OTO) made progress during the 2023/24 financial year against its strategic objectives, but more still needs to be done to bolster this, the organisation highlighted... 

While the decisive American election mandate, which has seen Donald Trump being all but confirmed as President elect in the US, has strengthened political certainty within that country, it has... 

Financial services firm Standard Chartered and UK development finance institution British International Investment (BII) have signed a $350-million risk participation agreement for the trade... 

Financial institution Rand Merchant Bank (RMB) has, in partnership with REdimension Capital and the Green Building Council of South Africa (GBCSA), released an environmental, social and governance...