The African continent needs an estimated $190-billion a year to meet its climate change mitigation and energy needs transition, but 57% of countries are in debt and unable to support the amount of... 

The JSE produced “strong” results for the year ended December 31, 2023, with growth of 12.2% in headline earnings per share (HEPS) and return on equity of 19.4% in line with long-term targets, CEO... 

Finance Minister Enoch Godongwana and the South African Reserve Bank (SARB) have welcomed President Cyril Ramaphosa’s appointment of Dr Mampho Modise as deputy governor of the SARB, following the... 

Mid-market private equity firm Agile Capital asserts that investors have a great opportunity to make sizable investments in the water sector and contribute towards the advancement of sustainable... 

Amid economic uncertainties and rising inflation, total gold demand, including over-the-counter (OTC) demand, reached a new record of 4 899 t in 2023, thereby supporting the highest yearly average... 

Financial services firm Access Bank South Africa has appointed Sandile Shabalala CEO to lead the bank into its next phase of growth and innovation. Shabalala has more than three decades of... 

Financial services firm Nedbank Corporate and Investment Banking (CIB) has provided diversified industrial investment company Thesele Group with a financing solution that boosts Thesele's growth... 

South Africa’s food security is in the spotlight, with current weather conditions posing enough of a threat to farmers to cause a potential yield loss of their crops, following the heatwaves and... 

Auditing firm PwC has released its ‘Building Public Trust through Tax Reporting’ publication, which outlines the importance of tax in the business operating environment and look at why tax is... 

Parametric insurer African Risk Capacity is commemorating its tenth anniversary. The company was founded in 2014 with the sole mandate from the African Union heads of States to provide insurance... 

Development finance institution the International Finance Corporation (IFC) and technology investment company Solcon Capital have announced a strategic partnership aimed at identifying and... 

As it celebrates its twenty-fifth birthday this week, mortgage finance company and mortgage insurance provider SA Home Loans is optimistic that, despite considerable challenges for consumers and... 

The newly launched Defence Equity Facility (DEF) aims to bolster private equity and venture capital funds in European companies that are developing innovative technologies with dual-use components,... 

Nedbank Corporate and Investment Banking’s (CIB’s) Property Finance division has funded the first real estate investment trust (Reit) in Ghana. The CIB Property Finance team on February 15... 

The challenge of fighting financial crime has become more complex and multifaceted, and the financial services sector will employ artificial intelligence (AI) solutions to counteract sophisticated... 

Multilateral infrastructure finance institution Africa Finance Corporation (AFC) has appointed Emeka Emuwa as its chairperson to oversee and guide the AFC on its future strategy and growth... 

Development finance institution the African Development Bank (AfDB) Group has approved $10-million in funding for the Alliance for Green Infrastructure in Africa – Project Development (AGIA-PD)... 

African Risk Capacity (ARC) has entered into a landmark $11.7-million partnership with the US government to increase access to parametric insurance in Africa. This will help to safeguard food... 

The Organisation of the Petroleum Exporting Countries (Opec) Fund for International Development is extending a $30-million loan to support the development of a key transportation link in Uganda.... 

The JSE's independent clearing house JSE Clear has introduced a new service to accept securities as collateral against open JSE derivative positions. Previously, only cash was accepted as... 

Both 93 and 95 unleaded petrol (ULP) and lead replacement petrol (LRP) are going to cost an additional 75c/ℓ from February 7. The cost of diesel is also going to increase. For 0.05% sulphur diesel,... 

Sanlam, South Africa’s biggest insurer by market value, is buying smaller rival Assupol Life for R6.5-billion to help cement its footprint at home. The proposed transaction will see the... 

Financial services group Rand Merchant Bank (RMB) has partnered with the World Bank's Multilateral Investment Guarantee Agency (MIGA) to extend short-term funding support on a trade-backed facility... 

Minister of Health Dr Joe Phaahla will, on January 25, preside over an official handover ceremony of mobile health clinics, cold chain and information technology equipment from the German... 

South Africa’s delegation to the World Economic Forum’s (WEF’s) yearly meeting in Davos, Switzerland, from January 15 to 19, led by Finance Minister Enoch Godongwana, has said it used the platform... 

Europe-based global corporate finance partnership Clairfield International and FirstRand Bank division Rand Merchant Bank (RMB), have formally agreed to partner, marking both firms’ commitment to... 

Financial services provider Standard Bank foresees continued massive demand for solar and energy-related products this year, after seeing a 400% growth in demand for LookSee’s solar installation... 

Specialised guarantee provider African Guarantee Fund (AGF) and financial services firm Vista Group have signed a partnership agreement to accelerate access to finance for small and medium-sized... 

Financial services firm TymeBank reached its first month of profitability in December 2023, less than five years since launching in February 2019. “We are proud of our achievement, particularly... 

Private Infrastructure Development Group (PIDG) company the Emerging Africa Infrastructure Fund (EAIF) has raised $294-million of additional debt facilities, achieving over half of its target to... 

Corporate and investment bank Rand Merchant Bank (RMB) has announced a strategic partnership with climate technology company KOKO, where it has acted as the lead mandated arranger and financier for... 

The Competition Commission is studying the Competition Appeal Court (CAC) judgment, handed down on January 8, and is consulting its legal team before deciding on the next course of action. The CAC... 

Ninety One SA has disposed of an interest in the ordinary shares of JSE-listed Murray & Roberts, resulting in its shareholding in the company decreasing to 4.286%. Murray & Roberts Holdings is a... 

Financial institution Absa’s Purchasing Managers’ Index (PMI) closed out 2023 on a somewhat stronger footing, rising by 2.7 points to 50.9 index points in December.  Absa said on January 8 that... 

The African Development Bank (AfDB) will withdraw its international employees from Ethiopia following what it said was an assault on its staff members by government security forces, two sources...