Merchant Bank
All
Kathu solar photovoltaic plant, South Africa
ABB has won an order estimated at $25-million to supply electrical and control systems for the Kathu plant.
10 May 13
AVIATION
SAA borrows R1.5bn to keep running – report
SA Airways has postponed its bond issue in favour of borrowing R1.5-billion from two banks, it was reported on Monday. Chief financial officer Wolf Meyer told Business Day this was until the Cabinet adopted the airline's turnaround plans.By: Sapa
06 May 13
Sugar Growers, Millers and Refiners
Sugar producer may open new mill in Moz
South African sugar producer TSB intends to undertake a feasibility study for a new sugar production base, in Mozambique, this year. The feasibility study is the result of the right granted by the Mozambican government to TSB and its local...By: Anine Vermeulen
26 Apr 13
BUSINESS CONFIDENCE
Business confidence picks up – RMB
Business confidence in the first quarter of 2013 rose by six points, Rand Merchant Bank (RMB) and the Bureau for Economic Research (BER) reported on Wednesday. They said the RMB/BER Business Confidence Index increased to 52 in the first quarter of...By: Sapa
03 Apr 13
Finance
FirstRand opens RMB Nigeria
FirstRand investment banking division Rand Merchant Bank (RMB) officially opened RMB Nigeria in Lagos, Nigeria, following the granting of an investment banking licence by the Central Bank of Nigeria.By: Natalie Greve
07 Feb 13
All
Gautrain rapid rail link, South Africa
The arbitration case between Bombela and the Gautrain Management Agency is likely to take at least another two years.
01 Feb 13
TRADE
Tanzania-based trading firm secures $100m RMB loan
The trading arm of Mohammed Enterprises Tanzania has secured a $100-million loan facility from a consortium of banking groups. Rand Merchant Bank (RMB) partnered with China Construction Bank, Citibank and Nedbank to originate, arrange and...24 Jan 13
Infrastructure Development
AFC secures $50m loan facility for Africa projects
International financial institution Africa Finance Corporation (AFC) further enhanced its medium-term Africa-focused funding programme on Thursday by completing a $50-million bilateral loan facility with Rand Merchant Bank (RMB).By: Natalie Greve
10 Jan 13
SA Renewable Energy Projects
Tracking solar PV plant under construction
Global renewable-energy company Building Energy expects to create 400 jobs during the 21 month construction period of its 81 MWp tracking solar photovoltaic (PV) plant in Kathu, in the Northern Cape. Construction on the project, which is one of...By: Anine Vermeulen
14 Dec 12
All
Kathu solar photovoltaic plant, South Africa
The project entails the construction of an 81 MW tracking solar photovoltaic plant.
By: Sheila Barradas
30 Nov 12
ECONOMY
Labour relations, political climate starting to affect investment plans
Business confidence, as measured by the Rand Merchant Bank (RMB) and Bureau for Economic Research (BER) Business Confidence Index, was little changed in the fourth quarter, declining by one point to a level of 46. Sentiment improved among...RENEWABLE ENERGY
Developers of Kathu solar park expect to start building this month
The developers of the Kathu solar park, in the Northern Cape, expect to be on site before the end of November to begin the construction of an 81 MW tracking solar photovoltaic (PV) plant, which was among the 28 renewable-energy projects to sign...
By: Terence Creamer
08 Nov 12
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