JSE-listed industrial products supplier Hudaco Industries has reported a strong performance amid a challenging six months ended May 31, with turnover having increased by 12.4% to R4.3-billion,... 

Pan African financial institution the African Export-Import Bank (Afreximbank), in collaboration with the African Continental Free Trade Area (AfCFTA) Secretariat, have launched the Africa Trade... 

Tax-leveraged alternative investment company Anuva Green Energy is actively seeking additional partnerships with industry experts, and reputable engineering, procurement and construction and solar... 

Private equity manager Capitalworks has closed the sale of South African boat builder Robertson and Caine, known for its catamarans, to international investment company Vox Ventures. This... 

The Allan Gray Makers programme says it is taking a proactive step to address unemployment and poverty in South Africa through its Artisans of Mzansi Campaign, which is aimed at amplifying the... 

JSE-listed investment fund African Rainbow Capital Investments (ARC Fund) notes that the third quarter of its 2023 financial year was characterised by a challenging macroeconomic environment... 

In a trading update for the ten months ended April 30, service, trading and distribution group Bidvest has reported that its financial performance remains robust and has so far been sustained in... 

Investec Bank has bought a majority stake in European adviser Capitalmind Group, the latest deal for a boutique firm amid the worst mergers and acquisitions slump in a decade. The subsidiary of... 

Supply chain and logistics company DP World and financial services firm Standard Bank have partnered to offer trade finance solutions. African companies looking for trade finance will now be able... 

In a move to further diversify its debt profile, infrastructure solutions provider the Africa Finance Corporation (AFC) has secured a $625-million syndicated loan with new lenders from the Middle... 

Since its establishment in 2021, risk mitigation solutions provider Africa Speciality Risk (ASR) has set its sights on consolidating its underwriting activities in South Africa as part of its... 

Development finance institution the African Development Bank (AfDB) has appointed Mike Salawou as the director of its Infrastructure and Urban Development Department, effective from May 16. Salawou... 

Zimbabwe President Emmerson Mnangagwa has promised development partners and creditors that his government will implement reforms necessary for resolving the country’s nearly $8.3-billion debt and... 

Construction company Wilson Bayly Holmes-Ovcon (WBHO) listed on A2X on April 11, and data gathered by the exchange reflects that WBHO shareholders are now able to transact at the best price on A2X,... 

African private capital markets experienced a record-high volume of deals in 2022. As a result, deal volumes in the region recorded a remarkable 46% year-on-year growth, and venture capital was the... 

Impact investor and private credit provider Norsad Capital on April 26 launched its 2022 Capital Impact Report, the sixth iteration of these reports, with CEO Kenny Nwosu indicating that last year... 

Specialised global asset management firm The Rohatyn Group (TRG) on April 3 announced the completion of its acquisition of Ethos Private Equity, an alternative asset management firm in Africa.... 

Financial services provider Absa has entered into a vehicle finance alliance agreement with local subsidiary of the Beijing Automotive Group, BAIC South Africa (BAIC SA), as the vehicle... 

Small and medium-sized enterprise (SME) financier Business Partners has launched a R400-million Energy Fund aimed at helping SMEs finance viable sources of alternative electricity and thereby keep... 

Sugar company Tongaat Hulett former CFO Murray Munro has been banned from being a director or officer of any listed company for ten years, with immediate effect.  The JSE found that he failed to... 

The government of Tanzania, the African Development Bank (AfDB) and the French Development Agency (AFD) have signed agreements for two development project loans worth $300-million to finance the... 

Nedbank Group has increased its green finance pipeline to more than R10-billion as more South African businesses invest in private power generation after the government lifted restrictions to help... 

Financial services firm Nedbank and its partner black-controlled and -managed investment company Brimstone have, through the Black Business Partners (BBP) Legacy Programme, invested R15-million in... 

Integrated primary vanadium producer and energy storage solutions provider Bushveld Minerals has announced that VRFB Holdings (VRFB-H) has entered into a conditional agreement with Garnet Commerce... 

Africa’s largest bank by assets Standard Bank has participated in a $300-million dual-currency revolving credit facility (RCF) extended to multinational fresh fruit and related products supplier... 

The Green Energy Africa Summit (GEAS) has announced the launch of the 2023 Energy Investment Village (EIV), a deal-pitching event for African clean-tech starts-ups and energy projects. The EIV is... 

South African banking and investment services group Absa has announced that it is making R50-million available to provide solar energy grants to small and medium enterprises (SMEs) that are its... 

The seasonally adjusted Absa Purchasing Managers’ Index (PMI), compiled by the Bureau for Economic Research, ticked down to 48.1 in March from 48.8 in February.  The PMI shows that, after a solid... 

The Competition Commission has welcomed the decision of the Competition Tribunal in which it dismissed applications or objections brought by various local and foreign banks to escape prosecution on... 

Financial services firm Absa has secured the opening investment in its Absa Green Deposit, which is an investment product that will link funds raised to a ring-fenced portfolio of eligible green... 

Development finance institution the Development Bank of Southern Africa (DBSA) has appointed Boitumelo Mosako as CEO with effect from April 1 after completing all internal appointment processes and... 

Three major jolts in as many years coupled with the once unthinkable possibility of a power grid collapse have spooked reinsurers in South Africa, spelling an end to cheap coverage in the... 

Financial services company FNB has announced low-cost energy solutions for consumers ranging from R149 a month. Customers will have access to range of alternative energy and back-up power solutions... 

Financial services firm Absa has announced that its long-term ambition is to reach net-zero by 2050 for Scope 1, 2 and 3 greenhouse-gas emissions. It has also committed to setting near- and... 

Regulations governing the weighting and capital treatment of cryptoassets and tokenised deposits should come into effect by January 1, 2025, financial sector regulator the South African Reserve...