Asset management business Sanlam Private Equity (SPE) has acquired a controlling stake in SkipWaste, a provider of integrated waste management solutions to commercial, industrial and retail... 

Sub-Saharan African investment company Arise has appointed Philip Odera chairperson, with effect from January 15, 2023, after Nhlanhla Nene retired from the board. Odera, who hails from Kenya,... 

Earned wages access (EWA) financial technology (fintech) solutions are helping consumers make payments in real-time for services, such as electricity and telecommunications, while also providing... 

Development finance institution (DFI) the African Development Bank (AfDB) group has approved a R2.2-billion line of credit to the Development Bank of Southern Africa (DBSA) to expand its portfolio... 

The US White House’s Prosper Africa initiative the US-Africa Business Forum’s Deal Room announced on December 14 a package of investments totalling $1-billion over the next five years, to boost... 

The African Development Bank (AfDB) and the World Wide Fund for Nature (WWF) have launched a regional report on the performance of African countries under the Strategic Plan for Biodiversity 2011 –... 

Financial services firm Nedbank has successfully concluded a R3.13-billion sustainability-linked revolving credit facility for insurance and investment management firm Old Mutual. The... 

African Rainbow Capital  (ARC) Investments says telecommunications company rain’s acquisition of additional spectrum is expected to positively impact the valuation of the ARC Fund’s investment in... 

The Industrial Development Corporation (IDC) is inviting experienced non-bank intermediaries (NBIs) to apply for lines of credit. It says NBIs that apply must have proven capacity and capability to... 

Development finance institution the Development Bank of Southern Africa (DBSA) said total debt funding increased to R60-billion for the interim period ended September 30, up from R55-billion as at... 

Financial services groups Sanlam and Absa say all suspensive conditions to the proposed merger of their respective investment management businesses in South Africa have been met. The transaction... 

The Base Erosion Profit Shifting (BEPS) Multilateral Instrument (MLI) has been published in the Government Gazette on November 25. The BEPS MLI was approved and ratified by Parliament in terms of... 

Investment holding and management company Invicta Holdings has reported a strong set of results for the six months ended September 30, with headline earnings a share up 43% year-on-year to 268c.... 

Gauteng Finance MEC Jacob Mamabolo has assured Gauteng residents that the repayment of R12.9-billion to settle Gauteng’s portion of e-tolls debt would not further burden citizens of the province,... 

The Council for Scientific and Industrial Research (CSIR) has launched a five-year Energy Industry Support Programme (EISP), which is being co-funded by the Electricity and Water Sector Education... 

Finance organisation the African Development Bank Group has approved an equity investment of $20-million in Evolution Fund III, a pan-African clean and sustainable energy private equity fund that... 

Finance Minister Enoch Godongwana has appointed Kedibone Olga Madiehe CEO of the Government Pensions Administration Agency (GPAA), effective November 1. She previously served as GM for client... 

Novel financing solutions were needed to help businesses and individual customers buy and install solar energy solutions, financial institution Nedbank Commercial Banking transformation and... 

The African Union (AU) expects to officially join the Group of 20 (G20) nations this month, providing the continent with another seat at the table with some of the world’s biggest polluters as it... 

Real estate investment trust Attacq will list its shares for trade on A2X Markets (A2X), effective November 16. A2X is a licensed stock exchange that provides a secondary venue for companies to... 

Most banks that have published net-zero emissions targets are failing to live up to those commitments, according to a fresh study by ShareAction. The majority of the 43 largest financiers of fossil... 

Financial company RMB has partnered with Cape Town retail, commercial and lifestyle precinct V&A Waterfront (V&A), jointly held by Growthpoint and Government Employees Pension Fund as the... 

Nonprofit Organisation Against Tax Abuse (Outa) has called into question the truthfulness and accuracy of the South African National Roads Agency Limited’s (Sanral’s) claim on October 26 that... 

Outsourced solutions provider Programmed Process Outsourcing (PPO) moved more than 600 000 stock items to a new warehouse facility for a client in September while maintaining full sales capacity... 

Private equity firm RMB Corvest has invested in Sedgeley Solar Energy Namibia (Sedgeley Energy) as a strategic partner to enable Sedgley Solar to capitalise further on rooftop solar photovoltaic... 

The JSE is prioritising several amendments to its listing requirements and debt listing requirements.  This follows the release, in May, of a consultation paper, requesting stakeholders to comment... 

Global development institution the International Finance Corporation (IFC) and Dutch entrepreneurial development bank FMO have partnered to provide funding and advisory support to global... 

The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face, the World... 

Finance Minister Enoch Godongwana has appointed Leanne Jackson chief ombud of the Ombud Council, for a period of five years from November 1. The Ombud Council, which was established in May last... 

Financial services company Nedbank, through its London branch, has signed and closed a $350-million sustainability-linked syndicated term loan facility, with a margin contingent on the company’s... 

UK development finance institution British International Investment (BII) has launched under its new name in South Africa and has reaffirmed its commitment to invest to accelerate South Africa’s... 

The last three years have been challenging for both government and the Land Bank and, although there have been improvements in performance under the leadership of the new board, it is important... 

Development finance institution the International Finance Corporation (IFC) has appointed Madalo Minofu as country manager for Ethiopia, Malawi and Zambia to strengthen the role of the private... 

Impact investment company Impact Investment Group and small, medium-sized and microenterprise (SMME) manufacturing investment company Seed10X have launched a service offering for Africa to unlock... 

Climate finance committed by major multilateral development banks (MDBs) rose in 2021, with over $19-billion committed to climate change adaptation finance, according to the joint ‘Multilateral...