JSE-listed real estate investment company (REIC) Fortress Real Estate Investments has increased its total distributions for the financial year ended June 30 by 9.4% year-on-year to R1.9-billion.... 

New car sales of Chinese brands have skyrocketed and vehicle trading company AutoTrader’s latest Mid-Year Report shows that sales of Chinese brands rose by 89% in the first half of this year, led... 

Asset management company Stanlib Asset Management has reinforced its commitment to social infrastructure development with a R250-million loan facility to Calgro M3, a JSE-listed developer... 

The Development Bank of Southern Africa (DBSA) has reported record yearly earnings, with net profit rising 14.4% to R5.3-billion for the financial year ended March 31, alongside the strongest loan... 

Murray & Roberts Limited (MRL) – currently under business rescue – says its business rescue practitioners (BRPs) have secured an additional R80-million in post-commencement finance (PCF), which... 

JSE-listed building materials and products retailer Cashbuild has reported a 5% year-on-year increase in revenue for the financial year ended June 29 to R11.5-billion, while its operating profit... 

The upcoming Global SME Finance Forum, which is an official side event of the G20 South Africa Presidency, will provide access to international funding solutions and market opportunities for South... 

JSE-listed diversified services, trading and distribution company Bidvest reported that revenue grew by 4.9% to R126.6-billion for the year ended June 30, up from R120.7-billion in the prior... 

Leading South African financial institution, Standard Bank, has launched a free online platform, available on the bank’s website, to help and empower African businesses through the provision of... 

JSE-listed food services multinational Bidcorp reported net revenue for the financial year ended June 30, of R235.6-billion, up 4.3% in rand terms from the R225.9-billion reported in the prior... 

The African Development Bank (AfDB) has signed a letter of intent with three companies to advance cooperation in the deployment of innovative, climate-resilient road maintenance in Africa. The... 

Finance Minister Enoch Godongwana has appointed Job Stadi Mngomezulu as acting CEO of the Government Pensions Administration Agency (GPAA). This follows the suspension of Kedibone Madiehe pending... 

The African Development Bank (AfDB) has partnered with Japanese drone manufacturer Aerosense to advance sustainable infrastructure solutions in Africa. The parties signed a letter of intent on... 

JSE-listed pharmaceuticals manufacturer Adcock Ingram has recorded a 1% increase in revenue to R9.76-billion for the financial year ended June 30, while basic earnings a share increased by 8%... 

As part of the Danish government’s 2024 Africa Strategy, Impact Fund Denmark, together with the Danish Ministry of Foreign Affairs, is launching a new DKr 350-million Africa Facility to support... 

The Seriti Power Community Trust has invested R19-million in early childhood development (ECD) infrastructure across Mpumalanga and the Free State. Currently, 543 learners are enrolled and... 

Custom software development company Tati Software founder Bertha Kgokong has launched Skhokho 2.0 – a business management platform designed for entrepreneurs and small businesses. The platform aims... 

Over the past decade, significant strides have been made globally and locally towards improving gender representation in the workplace. Yet, despite this progress, the financial services sector,... 

Private equity infrastructure fund manager African Infrastructure Investment Managers (AIIM) and diversified investment holding company Motseng Investment Holdings have formed the women-owned... 

Japan will provide up to ¥25-billion ($169.42-million) in Samurai financing to Kenya that will be directed towards boosting the East African nation's vehicle assembly and energy sectors, officials... 

JSE-listed real estate investment trust Dipula Properties has made five strategic acquisitions totalling about R700-million, including the R480-million acquisition of Protea Gardens Mall, in... 

The African fintech sector is experiencing rapid growth, driven by a combination of economic expansion, high demand for financial services and innovative solutions addressing longstanding gaps in... 

The Land Bank Insurance Company has announced that it will expand its pilot product “index insurance” by introducing Area-Yield Index Insurance (AYII) This offering is designed to safeguard... 

The frequency and severity of veld fires are expected to continue increasing in South Africa and the damage could result in higher food prices, as this severely impacts on farm production costs,... 

South African banks have become more reluctant to lend as the threat of extreme weather events has heightened the risk of defaults, a study by the South African Reserve Bank showed on Monday. The... 

The Public Investment Corporation (PIC) has called for more investment to bridge Africa’s infrastructure gap in its second research paper, titled ‘Using Listed and Unlisted Financial Instruments to... 

Following the diplomatic failures that have transpired between South Africa and the US over the past six months, along with the 30% tariffs imposed on South African exports to the US as of August... 

Financial services firm Nedbank Group has entered into a binding agreement to acquire 100% of fintech innovator iKhokha in an all-cash deal for about R1.65-billion. The acquisition will see iKhokha... 

Financial services firm First National Bank (FNB) has expanded its collaboration with the Department of Home Affairs (DHA) to enable the reissuance of smart IDs and passports using its banking app... 

Financial services firm 27four and the Department of Trade, Industry and Competition (dtic) have reaffirmed their shared commitment to unlocking South Africa’s full economic potential through the... 

Nasdaq-listed highly enriched isotopes company ASP Isotopes (ASPI) has opened a secondary inward listing of its common stock on the main board of the JSE. The board of directors of JSE-listed... 

The African Development Bank (AfDB) will take the lead in helping to raise $7.8-billion for a new airport in Ethiopia, the bank said. When completed in 2029, the airport will be the continent's... 

JSE-listed automotive components supplier Metair has reported that group revenue for the six months ended June 30, is expected to increase by between 52% and 54%, compared with the revenue of... 

Infrastructure development serves as an essential foundation for economic growth across the continent, but projects in African markets encounter distinct challenges and, therefore, the effective... 

Mineral and Petroleum Resources Minister Gwede Mantashe has said the 30% tariffs imposed on South African exports to the US are a form of death throes aggression, alleging that it is a desperate... 

The JSE delivered a strong first-half performance, with net profit after tax for the six months ended June 30 up 13.2% year-on-year to R557.8-million, group CEO Leila Fourie says in a statement... 

Cash management and cash-in-transit company IZI Africa has completed the acquisition of cash management company G4S Cash Solutions South Africa, following the receipt of all necessary regulatory... 

Market research and financial intelligence company S&P Global's South Africa Purchasing Managers’ Index (PMI) rose to 50.3 in July from 50.1 in June, signalling a slightly stronger, but marginal...