Johannesburg electricity utility City Power CEO Tshifularo Mashava has assured business customers in the city that the entity is working on reviewing the yearly electricity tariffs to cushion... 

Amid growing public scepticism about the authenticity of companies' sustainability claims, businesses face the challenge of delivering meaningful impact through environmental, social and corporate... 

Digital bank TymeBank and prepaid services company Kazang Pay have partnered to make cash withdrawals more accessible to consumers in townships, rural areas and other underserved areas. TymeBank... 

The latest ‘Nedbank Capital Expenditure Project Listing’ report, published on February 13, shows the sharpest increase in fixed investment plans since 2021, reflecting a myriad of projects... 

When Finance Minister Enoch Godongwana delivers his Budget Speech on February 19, it is expected that reported tax revenues will be about R10-billion short of initial forecasts, auditing firm PwC... 

Financial institution Nedbank has expanded its banking and advisory offerings to mid-corporate-sized businesses to help realise more growth in this key sector of the economy. Nedbank Commercial... 

Public Works and Infrastructure Minister Dean Macpherson has stated his approval of Finance Minister Enoch Godongwana’s amendments to Section 16 of the Public Finance Management Act, which will... 

South African multidisciplinary asset manager Novare and ReElement Technologies Corporation, a subsidiary of Nasdaq-listed American Resources Corporation, has announced a R1.8-billion rare earth... 

African infrastructure and industrial development funding agency, the Africa Finance Corporation (AFC), has made a successful strategic return to the Islamic finance market, after a gap of eight... 

The BRICS multilateral development finance institution the New Development Bank (NDB) has appointed Ivan Chebeskov and Ivan Tiago Machado Oliveira as directors following the resignations of Timur... 

Climate and impact fund manager Camco subsidiary Spark Energy Services has signed an agreement with renewable energy and energy efficiency company GreenYellow South Africa to finance a portfolio of... 

Insurance company Hollard Insurance Company has appointed Andrew Coutts as CEO of Hollard Insure – the short-term insurance division of South Africa’s largest privately owned insurer – succeeding... 

In this article, Absa chief information and technology officer Johnson Idesoh writes about future developments in AI and how this will impact on the financial services sector. 

Africa-headquartered strategy and management consultancy Pegasys is now part of sustainable solutions provider the RSK Group. This follows the finalisation of a strategic partnership, strengthening... 

Douw Steyn, a South African insurance tycoon and luxury property-estate developer, died at 72. The founder of local insurer Auto & General and the UK’s BGL Group also set up Steyn City, a private... 

Finance company African Dawn Investments has entered into a strategic collaboration with Singapore company WaterCloud International and Chinese original-equipment manufacturer Beny New Energy to... 

Asset finance provider WesBank has called for greater adoption of mechanised farming as the sector grapples with multifaceted challenges including production costs, land and water scarcity,... 

Abu Dhabi sovereign investment company ADQ and metals and materials investment firm Orion Resource Partners have entered into an agreement to establish a new Abu Dhabi-based joint venture (JV) that... 

The International Monetary Fund (IMF) expects South Africa’s yearly economic growth rate to reach 1.8% by 2030, supported in large part by ongoing electricity and logistics reforms. In the outcome... 

Investment holding company Stocks & Strauss Fund Manager said all agreements for its innovation commercialisation University Technology Fund II (UTF II) have been concluded and a substantial... 

The bankable feasibility study (BFS) for blue ammonia producer Suiso’s R31.5-billion coal-to-fertiliser and methanol project in Kriel, Mpumalanga, was completed earlier this month. The study was... 

Investment management company Prescient Investment Management has launched the Prescient Domestic Balanced Fund, seeded with an initial investment of R200-million. The fund has a number of unique... 

Sirius Real Estate, the owner and operator of business parks, offices and mixed-use workspaces in Germany and the UK, is celebrating a decade of successful listing on the JSE, and is eyeing further... 

Foreign direct investment (FDI) globally grew by 11% to $1.4-trillion last year, but contracted by 8% when excluding flows through European conduit economies. United Nations Conference on Trade... 

South Africa is set to host the Finance in Common Summit (FiCS) in February, marking a transformative milestone in the continent’s development finance narrative. This historic occasion coincides... 

Driven by factors such as strong global gold exchange-traded fund inflows and over-the-counter (OTC) demand, gold’s record-breaking year of 2024 saw the gold price rising by more than 28% in US... 

Renewable energy company PowerGen Renewable Energy (PowerGen) has partnered with international investors to establish a scalable, distributed renewable energy platform targeting the deployment of... 

African development finance institution, the Africa Finance Corporation (AFC), has announced that it has successfully priced its first ever perpetual hybrid bond issue. This issue has a value of... 

African infrastructure and industrial investment catalysing agency, the African Finance Corporation (AFC), has announced that ratings agency China Chengxin International Credit Rating (CCXI) had... 

About one-million small businesses in Côte d’Ivoire and Uganda have digitised their operations, increased the use of digital financial services and accessed digital marketplaces through the MoMo... 

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...