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Digital financial services company TymeBank has appointed Yusuf Dockrat as CFO, Linda Appie as chief marketing officer and Bruce Paveley as chief technology officer (CTO), as it focuses on boosting...
To improve access to affordable, sustainable residential housing in South Africa, World Bank Group member the International Finance Corporation (IFC) has announced an investment to support South...
The gazetted amendments to Regulation 28 of the Pension Funds Act, which are set to take effect from January 3, 2023, have a broader definition of infrastructure than the first draft of the changes...
Development finance institution the International Finance Corporation (IFC) is providing a $100-million loan to CRDB Bank Tanzania, half of which will be in local currency, and a $5-million loan to...
In collaboration with early-stage venture capital fund Anza Capital, the SA Innovation Summit has launched The Foodtech Programme that offers promising South African food technology innovators and...
Business Leadership South Africa (BLSA) CEO Busi Mavuso has emphasised the important role the private sector has to play in the just energy transition in terms of investment in infrastructure for...
Given Africa's rapid commercial growth and globalisation over the past decade, innovation in financial technology (fintech), and particularly blockchain technology, can drive the improvement of...
There are a number of lessons and insights that were learned from supporting small and medium-sized enterprises (SMEs) during the pandemic, as well as what needs to be done to gear the country...
Financial services provider Standard Bank Group has appointed Margaret Nienaber, currently the group’s CE for Client Solutions, as COO, with immediate effect. As COO, she will be responsible for...
Botswana can transform its economy, create jobs, reduce inequality and achieve a resilient recovery from Covid-19 by increasing private sector participation and investment in its energy, water and...
Eight South African-founded businesses have secured investment from Endeavor Catalyst Fund. Endeavor Catalyst is a rules-based co-investment fund of Endeavor Global – the largest global community...
The South African unit of M&G, the UK fund manager overseeing more than $390-billion in assets, sees opportunities in investing in the nation’s industrial and financial companies as earnings growth...
Futuregrowth Asset Management, a South African fixed-income money manager with R193-billion of assets, is raising a fund to invest in startups with a strong developmental impact. The company aims...
The South African National Roads Agency Limited (Sanral) has appointed the Development Bank of Southern Africa (DBSA) as an independent and lead adjudicating body after Sanral’s board in May...
South African index investment business Satrix, a division of Sanlam Investment Management, has announced that its new smart city infrastructure feeder exchange-traded fund (ETF) will offer...
Automotive group Motus Holdings has secured a syndicated R6-billion sustainability-linked facility, facilitated by financial services firm Standard Bank, as well as an R800-million...
Financial services group Discovery has been approved for a secondary listing on A2X Markets and its shares will be available for trade on A2X from July 4. Discovery will retain its primary listing...
Energy technology innovation and funding network Innovate UK has launched the Energy Catalyst Africa programme in South Africa to support the development of energy technologies by providing early-...
The UK has agreed to guarantee $2-billion of the debt the African Development Bank has extended to governments on the continent, allowing the lender to free up finance for climate-related projects....
UK development finance institution British International Investment (BII) has committed $200-million over the next several years to help fund hydropower projects in Africa. This would be the...
Nonprofit organisation the World Wide Fund for Nature (WWF) has released a comprehensive Insurers’ Guide to Hydropower, which calls for insurers to block high-impact hydropower projects, while...
The Solidarity Fund, whose mandate was focused on a rapid response to the Covid-19 pandemic remains on track to close by September. The fund in March announced that it would wrap up its operations...
Nonprofit organisation the Motsepe Foundation has launched two large-scale agricultural and farming projects involving rural and traditional communities in Limpopo and Mpumalanga, in partnership...
There are positive perceptions from potential investors to South Africa, and continued interest among existing investors in the country, despite impacts such as the Covid-19 pandemic and the July...
The JSE on June 14 launched its own set of Sustainability Disclosure and Climate Disclosure Guidance documents, which combines relevant global standards on sustainability and climate change to suit...
The National Treasury this week gazetted the Regulations on Domestic Reverse Charge Relating to Valuable Metal, which is meant to serve as an anti-abuse measure aimed at foreclosing schemes and...
Effective localisation strategies must start by identifying the constraints on local producers that make it harder for them to compete with foreign suppliers, a report issued by economic research...
Alternative investment fund manager Anuva Investments is seeking to collaborate with industry experts and reputable engineering, procurement and construction (EPC) partners to fund solar...
In expenditure terms, a recovery in investment and expanded household spending boosted South Africa’s gross domestic product (GDP) growth in the first quarter this year, according to a report...
In responding to crises on local soil, South Africa needs to ensure all collaborators have sufficient capacity to engage and plan for joint action, says Business Leadership South Africa CEO Busi...
JSE-listed African Rainbow Capital (ARC) Investments has reported good performances and progress across its portfolio of investments in South Africa in the first quarter of this year. ARC...
University of Cape Town (UCT) CFO Vincent Motholo has been reappointed as chairperson of the South African Institute of Chartered Accountants (Saica). Motholo, who is a qualified chartered...
Fintech startup initiative AlphaCode has identified five fintech startup companies to receive an additional six months of mentorship and execution support, after they completed an initial...
The Public Investment Corporation (PIC) has suspended COO Vuyani Hako as a precautionary measure after allegations of misconduct were levelled against him. The PIC says Hako’s suspension is in the...
Development finance institution the African Development Bank Group (AfDB) has launched the Africa Circular Economy Facility – its first dedicated fund to support circular economy innovations and...
Following the success of the first FEFISOL fund, which closed in July 2021, its promoters – social investors Solidarité Internationale pour le Développement et l'Investissement (SIDI) and Belgian...
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