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... 

The JSE’s solid performance for the year ended December 31, reflects the quality of its earnings and the resilience of its operating platforms within a challenging trading environment, group CEO... 

For South Africa to take full advantage of the opportunities presented by the growing global demand for green hydrogen, management consulting firm McKinsey managing partner of South Africa Kannan... 

Egypt has joined infrastructure investment institution the Africa Finance Corporation (AFC) as the first North African sovereign shareholder, serving to diversify the AFC’s expanding equity... 

Multilateral finance institution the European Investment Bank (EIB) and the European Commission have signed agreements, committing €4-billion in funding support for businesses in African, Caribbean... 

Industrial Development Corporation (IDC) CEO TP Nchocho has informed the board that he will be leaving when his fixed term-contract comes to an end on December 31. In light of this, it has been... 

The South African (SA) Mint Company, a wholly-owned subsidiary of the South African Reserve Bank, has introduced the penultimate collection in the second series of the Big 5 collectable range of... 

South Africa’s economy has performed surprisingly well lately, with gross domestic product trending at pre-pandemic levels; however, global and domestic challenges, especially energy impacts, are... 

Development finance institution the Development Bank of Southern Africa (DBSA) has received approval to appoint Boitumelo Mosako as its next CEO when the incumbent Patrick Dlamini’s term comes to... 

As impact investing gains momentum worldwide, capital markets and financial services research organisation Intellidex has launched the inaugural Africa Impact Investment Awards. Intellidex MD Dr... 

The Twelve B Green Energy Fund – South Africa’s first private equity fund enabling green energy investors to qualify for South African Revenue Service-approved tax deductions – was launched on... 

The share price of JSE-listed real estate investment trust (Reit) Attacq, which is developing Waterfall City, rose by nearly 22% on the morning of February 13 after the company announced that it... 

Ireland and Austria have joined the African Development Bank’s (AfDB’s) Africa Climate Change Fund (ACCF) with contributions of €2-million and €1-million, respectively, to support the fund’s work.... 

Globally mandated development institution the OPEC Fund for International Development and multilateral financial institution Africa Finance Corporation (AFC) have signed a $50-million loan... 

The South African Revenue Service (Sars) is emerging from State capture allegations and has made progress in several areas; however, there is still considerable work to be undertaken to get the... 

Private sector bank Rand Merchant Bank (RMB) has established a New York-based representative office to facilitate greater US business flows into the African continent. RMB’s parent, FirstRand Bank,... 

African mezzanine fund manager Vantage Capital has announced the successful final close of its fourth mezzanine fund. A total of $377-million of commitments has been secured from a mix of European... 

The National Treasury’s Jobs Fund has selected Sasfin Asset Managers (SAM) and RBN Fund Managers to create a blended finance investment vehicle that expands small- and medium-sized enterprises... 

Corporate and investment banking firm Rand Merchant Bank (RMB) has appointed Isaah Mhlanga as its chief economist, with effect from from July 1. Mhlanga, who will succeed outgoing RMB chief... 

Venture capital deployed in Africa in 2022 grew compared with 2021 and the continent was the only one to attract more venture capital than in the prior year, which indicates growing trust in the... 

Private equity investment company Convergence Partners has successfully closed its Convergence Partners Digital Infrastructure Fund (CPDIF) at $296-million, surpassing its initial target by more... 

South African pension funds remain at relatively low levels of sustainable development investment, with only 16% of the about 1 000 pension funds investing in green, social or sustainability bonds... 

Financial services provider Absa Group will list its ordinary shares for trade on A2X Markets from February 2. Absa Group will retain its primary listing on the JSE nd its issued share capital will... 

African technology startup investment platform Partech Africa’s recently released Africa technology venture capital report reveals that, despite the global venture capital downturn, the African... 

The JSE share price of steel producer ArcelorMittal South Africa (AMSA) fell by nearly 22% on January 24, after it warned of lower profits for the financial year ended December 31, 2022. In a... 

Independent power company Globeleq has completed a R1.2-billion senior debt restructuring for its 31 MW Soutpan Solar Power plant, in Limpopo, one of the first solar power plants built under South... 

Infrastructure solutions provider Africa Finance Corporation (AFC) has successfully closed a €150-million ten-year loan facility with European development finance institutions Deutsche...