https://newsletter.en.creamermedia.com

Receive our free daily newsletter:

Financial

M&R reaches debt repayment agreement with banking consortium
30th August 2024 By: Darren Parker

JSE-listed Murray & Roberts (M&R) has reached an agreement with a consortium of South African banks to repay R409-million in debt. The debt, which peaked at about R2-billion in April 2023, has been... 


A group of aluminium tin cans one with a green recycle logo on it
South Africa’s scrap recycling lags behind global trends
30th August 2024 By: Halima Frost

It is undeniable that aluminium is one of the most recyclable materials in circulation globally, with about 75% of the total 1.5-billion metric tonnes of aluminium generated to date still in use,... 


MTN Group Fintech, Bayobab announce new appointments to their boards
28th August 2024 By: Natasha Odendaal

MTN Group has appointed four nonexecutive directors to the boards of its MTN Group Fintech and Bayobab businesses. Appointed to the board of MTN Group Fintech is Herman Bosman as independent... 


Image of the Cape Town
Cape Town secures additional R2.8bn in infrastructure finance
26th August 2024 By: Irma Venter

The City of Cape Town has secured R2.8-billion in infrastructure funding from the International Finance Corporation (IFC). Cape Town aims to spend R39.5-billion on infrastructure from July this... 


An image of Maria Jenner
Embracing diversity an ironclad requirement
23rd August 2024 By: Lumkile Nkomfe

To overcome gender-biased stereotypes and preconceptions in the workplace, concerted efforts to embrace diversity and inclusion should be a non-negotiable hallmark of corporate strategy, highlights... 


SONJA DE BRUYN Infrastructure projects and partnerships can be integral to enhancing equality, in addition to safe and effective transport infrastructure's facilitating the movement of women, and therefore, assisting in their participation in economic activity
Women’s participation key to economic growth – investment firm
23rd August 2024 By: Lumkile Nkomfe

Efforts to facilitate the greater participation of women in key sectors of the economy, such as the transport sector, are viewed with the utmost importance by women-led investment firm Identity... 


Worker at agricultural nursery
Santam relooks farm insurance ratings ahead of potential La Niña hail
19th August 2024 By: Marleny Arnoldi

As South Africa heads into a La Niña season, which brings about more rainstorms in the country, insurance provider Santam is revisiting its ratings for insurance related to the perils associated... 


Fetola founder and CEO Catherine Wijnberg
Sustainable SME funding platform seeks to grow circular economy
16th August 2024 By: Schalk Burger

Green small business funding digital platform Hloolo aims to close the gap between the funding needs of green and sustainable small and medium-sized enterprises (SMEs) and green finance available... 


Vista completes acquisition of Banco SocGen Moçambique
8th August 2024 By: Schalk Burger

Financial services firm Vista Group has completed its acquisition of 100% of Banco Société Générale Moçambique, which has eight branches and will be renamed Vista Bank Moçambique. The acquisition... 


AIIM's final close of infrastructure-focused AIIF4 fund exceeds $748m target
6th August 2024 By: Schalk Burger

Infrastructure equity management company African Infrastructure Investment Managers (AIIM) has achieved the final close of its fourth pan-African infrastructure fund African Infrastructure... 


Africa Finance Corporation welcomes DRC bank as its latest equity investor
6th August 2024 By: Rebecca Campbell

African infrastructure development funder, the Africa Finance Corporation (AFC), on Tuesday announced that it had received a new equity investment from Democratic Republic of Congo (DRC) bank and... 


Hands exchanging money
Financial literacy unlocks financial security, economic mobility – FSCA exec
6th August 2024 By: Schalk Burger

The fifth Money Smart Week South Africa will provide free financial education, as financial literacy unlocks economic mobility and enables people to achieve financial stability and secure their... 


An image showing the Kalkbult solar plant
Scatec sells part of Kalkbult, Linde, Dreunberg plants to Stanlib subsidiary
2nd August 2024 By: Tasneem Bulbulia

Renewable energy company Scatec on August 2 signed an agreement with Stanlib Infrastructure Fund II subsidiary, Greenstreet 1, to sell part of its ownership in the Kalkbult, Linde and Dreunberg... 


An image showing Eskom's logo on flags
JSE imposes censure, fine on Eskom for failure to comply with debt listing requirements
2nd August 2024 By: Tasneem Bulbulia

The JSE has imposed a public censure and a fine of R3-million on State-owned utility Eskom over its failure to comply timeously with stipulations of the debt listings requirements (DLRs). Eskom is... 


Infrastructure refurbishment investment alone could provide R100bn/y manufacturing stimulus
Infrastructure refurbishment investment alone could provide R100bn/y manufacturing stimulus
31st July 2024 By: Darren Parker

South Africa’s decaying water, electricity and logistics infrastructure presents a R100-billion a year repair and refurbishment investment opportunity that could provide much-needed stimulus for... 


Investment group and startup accelerator partner to support black-women-owned startups
30th July 2024 By: Rebecca Campbell

Entirely black-owned broad-based investment holding company, the Mineworkers Investment Company (MIC), and Cape Town-based specialist startup accelerator company Grindstone, have entered into a... 


National Treasury welcomes signing of Pension Funds Amendment Act into law
30th July 2024 By: Darren Parker

National Treasury has voiced its approval of the Pension Funds Amendment Act being signed into law by the President Cyril Ramaphosa last week. This signals the last part of the significant... 


Standard Bank Africa regions CE Yinka Sanni
Standard Bank commits $1m to AU Peace Fund
24th July 2024 By: Schalk Burger

Financial services firm Standard Bank has signed an agreement to make a total $1-million contribution over the next five years to the African Union Peace Fund (AUPF) to help the AU in its resource... 


World Bank Group leadership highlights progress, reaffirms support for South Africa, Namibia
24th July 2024 By: Tasneem Bulbulia

A delegation of the World Bank Group’s (WBG’s) board of executive directors (EDs) has noted South Africa’s and Namibia’s progress in achieving their development goals and has reaffirmed the bank’s... 


Preference Capital launches Merchant Cash Advance loan product
23rd July 2024 By: Schalk Burger

Specialist owner-managed businesses financial services firm Preference Capital, under its Cash Flow Capital brand, has launched the Merchant Cash Advance loan product, which offers a quick and... 


A shop in an informal settlement
Ramaphosa assents to National Small Enterprise Amendment Bill
23rd July 2024 By: Schalk Burger

President Cyril Ramaphosa has signed the National Small Enterprise Amendment Bill to establish a new entity – the Small Enterprise Development Finance Agency – which will incorporate the Small... 


Krutham executive chairperson Dr Stuart Theobald
Africa Impact Investment Awards recognise the power of catalytic capital
23rd July 2024 By: Schalk Burger

The 2024 Africa Impact Investment Awards, held in Nairobi, Kenya, celebrated the contributions made to the burgeoning impact investment sector across Africa by showcasing exemplary achievements in... 


Sars encourages use of digital platforms this filing season
16th July 2024 By: Sabrina Jardim

South African Revenue Service (Sars) Commissioner Edward Kieswetter on July 16 thanked those taxpayers who have interacted with the service over the past two weeks. This includes those who were... 


Sasfin offers minorities 65% premium for shares, plans delisting
15th July 2024 By: Bloomberg

Sasfin Holdings made an offer to minority shareholders that values the South African financial-services company at R969-million and plans to delist from the JSE as it refocuses its business. The... 


BankservAfrica, UnionPay International collaborate on safer e-commerce in Africa
9th July 2024 By: Schalk Burger

Financial markets infrastructure provider BankservAfrica and payment services company UnionPay International (UPI) are collaborating to facilitate easier and safer e-commerce transactions for UPI... 


TymeBank appoints new CEO
8th July 2024 By: Creamer Media Reporter

Digital bank TymeBank has announced the appointment of Karl Westvig as its new CEO. The bank’s current CEO Coenraad Jonker will turn his full attention to his role as executive chairperson of Tyme... 


REWARDING ACHIEVEMENT
iKhokha recently achieved the MTN Financial App of the Year Award
Fintech app surpasses R2bn in disbursements
5th July 2024

KwaZulu-Natal-based fintech company iKhokha, which recently won the MTN Financial App of the Year Award, has disbursed more than R2-billion in working capital to its small- and medium-sized... 


Bidvest to dispose of Bidvest Bank as part of financial services restructuring
3rd July 2024 By: Schalk Burger

JSE-listed services, trading and distribution company Bidvest Group has advised shareholders that its board has approved a process to dispose of Bidvest Bank and its related entity FinGlobal. The... 


Absa doubles MIGA agreements to $1bn capital guarantee
27th June 2024 By: Schalk Burger

Financial services firm Absa has concluded further agreements with the Multilateral Investment Guarantee Agency (MIGA), which is a member of the World Bank Group, freeing up additional financial... 


renewable energy, wind and solar
Legislative certainty amid government shuffle crucial for continued renewable-energy investment
26th June 2024 By: Darren Parker

A clear and certain legislative framework is critical for enabling sustainability and green energy investments in South Africa going forward, especially given the changes taking place in government... 


Mayor Geordin Hill-Lewis among local government and Nedbank officials during the signing ceremony
Cape Town gets another R3.5bn for its record infrastructure spending target to 2027
25th June 2024 By: Darren Parker

The City of Cape Town has secured a further R3.5-billion in financing towards its plans to spend a record amount on infrastructure investment over the three years to 2027. Mayor Geordin Hill-Lewis... 


Inspired Evolution achieves second close of climate impact Evolution III Fund
13th June 2024 By: Schalk Burger

Clean energy- and resource-efficiency-focused private equity firm Inspired Evolution has announced that it has concluded the second close of its Evolution III Fund, which is its third energy... 


Pape Fund expands its investment in Entersekt
13th June 2024 By: Schalk Burger

Private equity fund Pape Fund 3 has expanded its investment in fraud prevention and payment security company Entersekt, buying out financial services firm Nedbank Private Equity’s equity stake.... 


Krugerrand
Demand for Krugerrands up as consumers diversify
13th June 2024 By: Darren Parker

Financial institution First National Bank (FNB) says it has seen strong demand from clients buying Krugerrands on its trading platforms as consumers embrace alternative asset classes to diversify... 


IFC's R200m loan to Lenmed to expand healthcare in Botswana, Ghana, Mozambique and South Africa
12th June 2024 By: Schalk Burger

Global development finance institution the International Finance Corporation (IFC) will provide a R200-million local currency senior loan to African healthcare provider Lenmed to expand its... 


A photo of the IDC's head office
Nedbank CIB concludes R1bn funding facility for the IDC
10th June 2024 By: Creamer Media Reporter

Nedbank Corporate and Investment Banking (CIB) has concluded a R1-billion term funding facility for the State-owned Industrial Development Corporation (IDC) of South Africa. The funding will... 


1 2
3
4 5 6 7 8 9

Sector News

Showroom

Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 
AutoX
AutoX

We are dedicated to business excellence and innovation.

VISIT SHOWROOM 
John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 
Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







pqt: 0.38s - ct: 0.604s - 414pq - 2rq
Subscribe Now