Zimbabwe President Emmerson Mnangagwa has promised development partners and creditors that his government will implement reforms necessary for resolving the country’s nearly $8.3-billion debt and... 

Construction company Wilson Bayly Holmes-Ovcon (WBHO) listed on A2X on April 11, and data gathered by the exchange reflects that WBHO shareholders are now able to transact at the best price on A2X,... 

African private capital markets experienced a record-high volume of deals in 2022. As a result, deal volumes in the region recorded a remarkable 46% year-on-year growth, and venture capital was the... 

Impact investor and private credit provider Norsad Capital on April 26 launched its 2022 Capital Impact Report, the sixth iteration of these reports, with CEO Kenny Nwosu indicating that last year... 

Specialised global asset management firm The Rohatyn Group (TRG) on April 3 announced the completion of its acquisition of Ethos Private Equity, an alternative asset management firm in Africa.... 

Financial services provider Absa has entered into a vehicle finance alliance agreement with local subsidiary of the Beijing Automotive Group, BAIC South Africa (BAIC SA), as the vehicle... 

Small and medium-sized enterprise (SME) financier Business Partners has launched a R400-million Energy Fund aimed at helping SMEs finance viable sources of alternative electricity and thereby keep... 

Sugar company Tongaat Hulett former CFO Murray Munro has been banned from being a director or officer of any listed company for ten years, with immediate effect.  The JSE found that he failed to... 

The government of Tanzania, the African Development Bank (AfDB) and the French Development Agency (AFD) have signed agreements for two development project loans worth $300-million to finance the... 

Nedbank Group has increased its green finance pipeline to more than R10-billion as more South African businesses invest in private power generation after the government lifted restrictions to help... 

Financial services firm Nedbank and its partner black-controlled and -managed investment company Brimstone have, through the Black Business Partners (BBP) Legacy Programme, invested R15-million in... 

Integrated primary vanadium producer and energy storage solutions provider Bushveld Minerals has announced that VRFB Holdings (VRFB-H) has entered into a conditional agreement with Garnet Commerce... 

Africa’s largest bank by assets Standard Bank has participated in a $300-million dual-currency revolving credit facility (RCF) extended to multinational fresh fruit and related products supplier... 

The Green Energy Africa Summit (GEAS) has announced the launch of the 2023 Energy Investment Village (EIV), a deal-pitching event for African clean-tech starts-ups and energy projects. The EIV is... 

South African banking and investment services group Absa has announced that it is making R50-million available to provide solar energy grants to small and medium enterprises (SMEs) that are its... 

The seasonally adjusted Absa Purchasing Managers’ Index (PMI), compiled by the Bureau for Economic Research, ticked down to 48.1 in March from 48.8 in February.  The PMI shows that, after a solid... 

The Competition Commission has welcomed the decision of the Competition Tribunal in which it dismissed applications or objections brought by various local and foreign banks to escape prosecution on... 

Financial services firm Absa has secured the opening investment in its Absa Green Deposit, which is an investment product that will link funds raised to a ring-fenced portfolio of eligible green... 

Development finance institution the Development Bank of Southern Africa (DBSA) has appointed Boitumelo Mosako as CEO with effect from April 1 after completing all internal appointment processes and... 

Three major jolts in as many years coupled with the once unthinkable possibility of a power grid collapse have spooked reinsurers in South Africa, spelling an end to cheap coverage in the... 

Financial services company FNB has announced low-cost energy solutions for consumers ranging from R149 a month. Customers will have access to range of alternative energy and back-up power solutions... 

Financial services firm Absa has announced that its long-term ambition is to reach net-zero by 2050 for Scope 1, 2 and 3 greenhouse-gas emissions. It has also committed to setting near- and... 

Regulations governing the weighting and capital treatment of cryptoassets and tokenised deposits should come into effect by January 1, 2025, financial sector regulator the South African Reserve... 

Research and consulting firm Intellidex has appointed Dr Roy Havemann as CEO of its South African business. He will work with Intellidex’s client base of institutional investors, banks, corporates... 

JSE-listed African Rainbow Capital (ARC) says its diverse investment portfolio has shown remarkable resilience in what was challenging macroeconomic conditions for all the firms it is invested in,... 

South African Fruit and Vegetables Canners Export Council (SAFVEC) GM Jill Atwood-Palm says the Gulfood Exhibition that took place in Dubai, in the United Arab Emirates (UAE), from February 20 to... 

Earlier this month, multinational brewing company Heineken South Africa spearheaded the launch of an initiative, Taverns of the Future, at The Spot 1818 in Phiri, Soweto.  The Spot 1818 is one of... 

While electricity generation capacity in South Africa is increasingly being privatised and decentralised, the government has stated that transmission infrastructure must remain in the hands of the... 

The National Business Initiative (NBI) has appointed Shameela Soobramoney CEO. She was previously chief sustainability officer and group strategist at the JSE. 

Mass retailer Massmart, in partnership with consumer finance company Retail Credit Solutions (RCS), has introduced a solar energy funding solution in the form of a loan of up to R250 000 for... 

While Africa is part of the global transition to low carbon energy, the consumption of oil and gas on the continent will increase, at least in the short term. So observed Standard Bank executive... 

South Africans can now make free real-time payments of up to R3 000 between bank accounts using the PayShap free payment system introduced by regulator the South African Reserve Bank (SARB) and the... 

Impact-driven property finance company TUHF21 has finalised its first funding vehicle aimed at financing rental properties in townships – the uMaStandi Fund – which has attracted R125-million in... 

Virtual trading floors for the JSE’s flagship financial literacy programme – the JSE Investment Challenge – have officially opened as the competition marks a 50-year milestone.  Designed to... 

African private equity firm Inspired Evolution successfully achieved the first closing of its third energy transition, net-zero climate impact Evolution fund on March 3. Evolution III closed at...