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Nedbank Corporate and Investment Banking (Nedbank CIB) has structured and underwritten a $500-million credit facility for gold major AngloGold Ashanti's Geita gold mine, in Tanzania. In a media...
Altron Digital Business (ADB) has published a first-of-its-kind benchmark study to determine how employees experience technology across financial services industry (FSI) institutions in South...
Sweden development finance institution Swedfund is investing an additional $5-million in TLG Africa Growth Impact Fund II (TLG II) to further support the preservation and creation of decent jobs in...
JSE-listed aluminium products company Hulamin has appointed Linda Yanta as interim chairperson, with effect from July 6. This follows the board's decision that Paul Baloyi cease to hold office as...
Foreign direct investment (FDI) inflows to Africa reached about $70-billion in 2025, which was below the exceptional $94-billion recorded in 2024, but was the third-highest number since 1990 and...
Global blockchain venture capital rose by 28.8% in 2025 to $15.4-billion, while deal activity fell by almost a third, which indicates that investors were writing larger cheques, but doing so more...
Cross-border transport infrastructure project the Lobito Corridor railway project, in Angola, has achieved a successful financial close of $753-million, says infrastructure financing fund the...
The compounding pressures of accelerating urbanisation, decaying legacy systems, climate change and chronic underinvestment in public infrastructure over decades mean that both the public and...
JSE-listed cement and construction materials company PPC has advised its shareholders that it had not received the $30-million payment for the disposal of the Arlington Property, held by subsidiary...
Domestic and foreign travellers must now declare cash in their possession above the threshold of R100 000 when crossing the country’s land and seaports, says national financial intelligence unit...
Financial services firm Absa’s Purchasing Managers’ Index (PMI) declined from 50.8 in May to 47.3 index points in June. The sharp decline in the PMI’s purchasing price index by 13.5 points to 71.3...
JSE-listed real estate investment trust Fortress Real Estate Investments has placed 55.67-million B ordinary shares at R24.25 a share as a bookbuild placement following strong institutional demand....
JSE-listed building and construction materials company Sephaku Holdings (SepHold) reported that group consolidated revenue for the financial year ended March 31 increased to R1.29-billion, up from...
Infrastructure projects are indeed attracting private-sector capital, but the main challenge for South Africa is developing a robust pipeline of bankable projects that provide investors with the...
South Africa’s economy remains on a recovery path, but rising global pressures and cost dynamics are slowing momentum and reshaping the outlook for the months ahead, says professional services firm...
Payments processing multinational Mastercard has launched its Africa Cybersecurity Centre of Excellence – a pan-African initiative designed to strengthen cyber-resilience, enhance collaboration and...
The Public Investment Corporation (PIC) chairperson Dr David Masondo on June 24 visited HyPlat, a Cape Town-based subsidiary of emerging South African hydrogen technology company Bambili Energy....
Renewable energy company Stage Zero has concluded a securitisation transaction with FirstRand Bank to create a funding platform to support the continued rollout of its managed solar and backup...
UK impact investor and development finance institution (DFI), British International Investment (BII), invested £1.07-billion in Africa last year. The figure represents 59% of BII’s total...
Early-stage companies investment firm Stocks & Strauss has reached final close of the R400-million University Technology Fund (UTF) II. The close raises the total capital across its...
JSE-listed retail-focused real estate investment trust (Reit) Hyprop Investments says it remains on track to deliver growth in distributable income per share (DIPS) of 10% to 12% for the financial...
Trade, Industry and Competition Minister Parks Tau has signed an agreement with multilateral financial institution the African Export-Import Bank (Afreximbank) for South African businesses,...
Multilateral development banks (MDBs) remain highly relevant to their clients, and their relevance has increased over the past five years, although there is a need for further progress on reform of...
Ahead of the start of the new tax season, online tax assistant TaxTim has launched an AI tax assistant, TimAI on WhatsApp, to provide taxpayers with answers to tax-related queries at no cost. Users...
The Organisation Undoing Tax Abuse (Outa) has welcomed State-owned entity Eskom’s decision to extend, by 30 days, the public participation process relating to its proposed reduction, interruption...
The Companies and Intellectual Property Commission (CIPC) has highlighted the importance to the country of its Beneficial Ownership (BO) register. From April 1, 2023, when the register was...
Credit rating agency Fitch Ratings has upgraded State-owned Eskom's credit rating to B+ with a stable outlook, up from a B rating, in line with the recent improvement in South Africa’s sovereign...
As automotive consumers in South Africa contend with affordability pressures, Chinese vehicle brands gain prominence and the shift to new-energy vehicles (NEVs) and future mobility solutions...
The National Treasury has successfully achieved its budgeted foreign currency funding requirement for the 2026/27 fiscal year. The $3.2-billion foreign funding programme has been fully funded...
JSE-listed mining and construction materials company Afrimat has disposed of certain general aggregates quarries and readymix concrete plants across South Africa to investment vehicle Saturc. The...
After slipping by one point to 42 index points in the first quarter of this year, the business mood in the building sector fell by a further four points to 38 in the second quarter, the FNB/BER...
The finances raised by financial services firm Standard Bank for renewable energy power generation in Africa outpaced that for non-renewable power generation by a ratio of 8:1 in 2025. The scale...
Amendments to the Companies Act took effect on May 22 and have fundamentally changed the governance of executive remuneration in South Africa, says assurance, advisory and tax services firm PwC...
A modern, efficient and well-functioning financial system is essential for growth in any modern economy, and as this is pursued, innovation that serves the public interested is pivotal. This was...
The National Treasury has welcomed credit rating agency Fitch’s decision to upgrade South Africa’s long-term foreign and local currency credit ratings to ‘BB’ from ‘BB-’ and to maintain its stable...
The failure of the City of Johannesburg poses a systemic risk to the entire economy, says business organisation Business Leadership South Africa CEO Busisiwe Mavuso. The city accounts for 16% of...
JSE-listed real estate investment trust Fairvest CEO Darren Wilder says the company is making consistent progress in repositioning itself as a retail-focused portfolio through the disposal of...
South Africa has demonstrated that it can deliver on its fiscal targets and its structural reform agenda, and the benefits of latent improving fiscal credibility are already evident in the form of...
Venture capital firm Endeavor South Africa says five local companies show that innovation-led growth can be environment-agnostic for businesses with strong execution capability, scalable technology...
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VISIT SHOWROOMALBIS FLANGES — founded in 1965 — is a petro-chemical approved manufacturer of flanges and fittings in most grades of steel, listed with Sasol,...
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