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Topic - Standard Bank
Sep 03, 2012
Construction group Wilson Bayly Holmes Ovcon (WBHO) saw a 9.6% drop in profit for the financial year ended June 30, at R713-million, compared with R789-million in the previous 12-month period. Operating margin declined from 7.4% to 5.5%. WBHO attributed this to...
Aug 28, 2012
A section of South African society will forever be marginalised, Standard Bank chief economist Goolam Ballim said on Tuesday. "There is a fair section of South African society that will forever be outside of the formal employment system, simply because they do not...
Jul 27, 2012
Banking firm Standard Bank reported on Friday that the company has registered a programme of activities (PoA) with the Clean Development Mechanism (CDM) executive board of the United Nations Framework Convention on Climate Change (UNFCCC) that would facilitate the...
Jul 27, 2012
A key theme at last week’s 19th Southern African International Trade Exhibition (Saitex) was the opportunities presented by Brazil, China, India, Russia and Africa for South Africa. (Brazil, Russia, India, China and South Africa form the BRICS group.) The exhibition...
Jul 20, 2012
A new electronic ticketing solution was officially launched in KwaZulu-Natal on Friday, offering commuters using People Mover and Durban Transport buses throughout eThekwini as cashless experience. KwaZulu-Natal Transport member of the executive council Willies...
Jul 10, 2012
A consortium led by equity fund group Ethos Private Equity has bought industrial services group Waco International for an undisclosed sum, the companies said this week. The parties believed that the transaction would improve the group’s black economic empowerment...
Jul 06, 2012
Jun 29, 2012
A Southern African Development Community (SADC) Regional Infrastructure Master Plan (RIMP), which could involve cross-border projects with a combined investment value of up to $500-billion, has been finalised and will be presented to the subregion’s heads of State...
Jun 19, 2012
Jun 19, 2012
Jun 06, 2012
May 25, 2012
May 25, 2012
Nordex Energy has been awarded a fully wrapped engineering, procurement and construction contract for the Red Cap Kouga wind farm.
May 22, 2012
While the number of private equity deals declined from 547 to 521 last year, the value of investments increased by 32.2% to R15.6-billion, the latest KPMG and Southern African Venture Capital Association (Savca) venture capital and private equity industry performance...
May 18, 2012
The Gauteng Management Agency has said that the issue of excessive water ingress in the tunnel between Park station and Rosebank station on the Gautrain system “remains unresolved”.
May 11, 2012
May 11, 2012
The 23 000 m2 Nicolway Bryanston centre, in Sandton, which features about 90 shops with a distinctive tenant mix officially opened its doors last month, fully let.
May 10, 2012
Southern African coal prices will be under pressure over next the few months, as the recovery in the US and Chinese growth were sluggish, while the eurozone was still in a dismal state, Standard Bank commodities strategist Marc Ground said on Thursday. However,...
May 03, 2012
Northland Resources, building an iron-ore mine in Sweden, said on Thursday it signed a $40-million cost over-run loan with South Africa’s Standard Bank. The TSX- and Oslo-listed company aims to start producing the steelmaking ingredient at its Kaunisvaara project in...
May 02, 2012
Private power group Ipsa said on Wednesday that Lezayre Holdings had reiterated its intention to complete the $31-million purchase of its two remaining Siemens Westinghouse 701 DU gas turbines by June 30. By this date, the environmental evaluation on the project,...
Apr 30, 2012
“This is a noteworthy area of investment for all players” The Connected Africa Forum which incorporates mobile money, mobile health and mobile agriculture takes place in Johannesburg in May and will showcase the evolution of mobile lifeline services and applications...
Apr 26, 2012
Gautrain operator Bombela has started demonstration running of trains to Park station, in downtown Johannesburg.
Apr 20, 2012
One of the few novel themes explored in the latest version of South Africa’s Industrial Policy Action Plan (Ipap) is the concept of ‘developmental integration’ – an emerging idea that seeks to align South Africa’s industrial policy aspirations with the even more...
Apr 20, 2012
The Gautrain Management Agency is hopeful the remaining leg of the Gautrain route will open “some time in May”.
Apr 20, 2012
One of the few novel themes explored in the latest version of South Africa’s Industrial Policy Action Plan (Ipap) is the concept of “developmental integration” – a emerging idea that seeks to align South Africa’s industrial policy aspirations with the even more...
Apr 05, 2012
Canada’s Platinum Group Metals (PTM) has received a mining right from the South African government for its flagship project in the country, the TSX- and Amex-listed company said on Wednesday. PTM also said it would finalise by the end of the second quarter the...
Mar 16, 2012
Metals developer Finders Resources has signed an offtake agreement for up to 60% of its copper cathode production from the Wetar copper project, in Indonesia. Under the terms of the agreement, international financing company Standard Bank would subscribe for...
Mar 09, 2012
Axmin, which trades on the TSX-V, said on Friday the World Bank’s International Finance Corporation (IFC) had agreed to arrange $50-million in debt to fund the company’s Passendro gold project in the Central African Republic (CAR). As part of the deal, Axmin will...
Jul 02, 2010
Greater private sector investment, leveraged through sustainable public–private partnerships, is critical to effectively narrow the supply gap in the affordable rental housing market, housing development funder, the Gauteng Partnership Fund (GPF) investment officer...
Jul 02, 2010
Jul 02, 2010
Dec 11, 2008
Canadian miner Iamgold has agreed to acquire Orezone Resources, the flagship asset of which is the giant Essakane gold project in Burkina Faso, rescuing the smaller company from a looming funding shortfall and possible project delays. The acquisition will increase...
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