Green small business funding digital platform Hloolo aims to close the gap between the funding needs of green and sustainable small and medium-sized enterprises (SMEs) and green finance available... 

Financial services firm Vista Group has completed its acquisition of 100% of Banco Société Générale Moçambique, which has eight branches and will be renamed Vista Bank Moçambique. The acquisition... 

Infrastructure equity management company African Infrastructure Investment Managers (AIIM) has achieved the final close of its fourth pan-African infrastructure fund African Infrastructure... 

African infrastructure development funder, the Africa Finance Corporation (AFC), on Tuesday announced that it had received a new equity investment from Democratic Republic of Congo (DRC) bank and... 

The fifth Money Smart Week South Africa will provide free financial education, as financial literacy unlocks economic mobility and enables people to achieve financial stability and secure their... 

Renewable energy company Scatec on August 2 signed an agreement with Stanlib Infrastructure Fund II subsidiary, Greenstreet 1, to sell part of its ownership in the Kalkbult, Linde and Dreunberg... 

The JSE has imposed a public censure and a fine of R3-million on State-owned utility Eskom over its failure to comply timeously with stipulations of the debt listings requirements (DLRs). Eskom is... 

South Africa’s decaying water, electricity and logistics infrastructure presents a R100-billion a year repair and refurbishment investment opportunity that could provide much-needed stimulus for... 

Entirely black-owned broad-based investment holding company, the Mineworkers Investment Company (MIC), and Cape Town-based specialist startup accelerator company Grindstone, have entered into a... 

National Treasury has voiced its approval of the Pension Funds Amendment Act being signed into law by the President Cyril Ramaphosa last week. This signals the last part of the significant... 

Financial services firm Standard Bank has signed an agreement to make a total $1-million contribution over the next five years to the African Union Peace Fund (AUPF) to help the AU in its resource... 

A delegation of the World Bank Group’s (WBG’s) board of executive directors (EDs) has noted South Africa’s and Namibia’s progress in achieving their development goals and has reaffirmed the bank’s... 

Specialist owner-managed businesses financial services firm Preference Capital, under its Cash Flow Capital brand, has launched the Merchant Cash Advance loan product, which offers a quick and... 

President Cyril Ramaphosa has signed the National Small Enterprise Amendment Bill to establish a new entity – the Small Enterprise Development Finance Agency – which will incorporate the Small... 

The 2024 Africa Impact Investment Awards, held in Nairobi, Kenya, celebrated the contributions made to the burgeoning impact investment sector across Africa by showcasing exemplary achievements in... 

South African Revenue Service (Sars) Commissioner Edward Kieswetter on July 16 thanked those taxpayers who have interacted with the service over the past two weeks. This includes those who were... 

Sasfin Holdings made an offer to minority shareholders that values the South African financial-services company at R969-million and plans to delist from the JSE as it refocuses its business. The... 

Financial markets infrastructure provider BankservAfrica and payment services company UnionPay International (UPI) are collaborating to facilitate easier and safer e-commerce transactions for UPI... 

Digital bank TymeBank has announced the appointment of Karl Westvig as its new CEO. The bank’s current CEO Coenraad Jonker will turn his full attention to his role as executive chairperson of Tyme... 

KwaZulu-Natal-based fintech company iKhokha, which recently won the MTN Financial App of the Year Award, has disbursed more than R2-billion in working capital to its small- and medium-sized... 

JSE-listed services, trading and distribution company Bidvest Group has advised shareholders that its board has approved a process to dispose of Bidvest Bank and its related entity FinGlobal. The... 

Financial services firm Absa has concluded further agreements with the Multilateral Investment Guarantee Agency (MIGA), which is a member of the World Bank Group, freeing up additional financial... 

A clear and certain legislative framework is critical for enabling sustainability and green energy investments in South Africa going forward, especially given the changes taking place in government... 

The City of Cape Town has secured a further R3.5-billion in financing towards its plans to spend a record amount on infrastructure investment over the three years to 2027. Mayor Geordin Hill-Lewis... 

Clean energy- and resource-efficiency-focused private equity firm Inspired Evolution has announced that it has concluded the second close of its Evolution III Fund, which is its third energy... 

Private equity fund Pape Fund 3 has expanded its investment in fraud prevention and payment security company Entersekt, buying out financial services firm Nedbank Private Equity’s equity stake.... 

Financial institution First National Bank (FNB) says it has seen strong demand from clients buying Krugerrands on its trading platforms as consumers embrace alternative asset classes to diversify... 

Global development finance institution the International Finance Corporation (IFC) will provide a R200-million local currency senior loan to African healthcare provider Lenmed to expand its... 

Nedbank Corporate and Investment Banking (CIB) has concluded a R1-billion term funding facility for the State-owned Industrial Development Corporation (IDC) of South Africa. The funding will... 

Credit ratings agency S&P Global Ratings said it expects downward pressure on earnings for the insurance industry in South Africa if extreme weather trends persist. The capital and liquidity... 

JSE-listed African Rainbow Capital (ARC) Investments says that, despite an unfavourable macroeconomic environment for the quarter ended March 31, several portfolio companies have demonstrated... 

Financial services provider Absa, in collaboration with the International Finance Corporation (IFC), has launched a new initiative within the South African residential market aimed at promoting... 

Global body UN Trade and Development (Unctad) has urged action to deal with the alarming surge of global debt and proposed reforms to international finance systems to safeguard “a prosperous future... 

South African enterprise payments platform startup Revio has rebranded to Precium in a move made to signify its growth from a local processor to a global payments platform. Precium experienced... 

South Africa recorded a preliminary trade balance surplus of R10.5-billion in April, the South African Revenue Services (Sars) reports. This surplus is attributed to exports of R169.5-billion and... 

As a way of meeting the growing need for energy efficient heating and cooling solutions, South African corporate and investment bank Rand Merchant Bank (RMB) Corvest has partnered with UK... 

Short-term insurer Santam has acquired Kandua, an online marketplace company for home services. Kandua will merge with Santam’s existing home service offering, Home+, forming a wholly owned,... 

With the agriculture sector’s 33-million smallholder farmers contributing 70% of Africa’s food supply, it is pertinent that more innovative financing mechanisms are created as the continent...