<?xml version="1.0" encoding="UTF-8"?>
<!-- generator="FeedCreator 1.7.3" -->
<?xml-stylesheet href="http://www.w3.org/2000/08/w3c-synd/style.css" type="text/css"?>
<rss version="2.0" xmlns:media="http://search.yahoo.com/mrss/" xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd">
    <channel>
        <title>Engineering News | Financial</title>
        <description><![CDATA[Latest news on  financial services and finance, focusing on the economic services provided by the finance industry.]]></description>
        <link>https://www.engineeringnews.co.za/page/financial</link>
        <lastBuildDate>Tue, 14 Jul 2026 23:31:28 +0200</lastBuildDate>
        <generator>FeedCreator 1.7.3</generator>
        <item>
            <title>Nedbank CIB underwrites mining credit facility for the Geita gold mine</title>
            <link>https://www.engineeringnews.co.za/article/nedbank-cib-underwrites-mining-credit-facility-for-the-geita-gold-mine-2026-07-14</link>
            <description><![CDATA[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 release, Nedbank explains that it is one of the largest facilities of its kind that the bank has underwritten to date in the mining sector. Nedbank CIB provided a fully underwritten solution, giving AngloGold Ashanti funding certainty ahead of a planned debt syndication process.]]></description>
            <author>Sabrina Jardim</author>
            <category>FINANCE</category>
            <pubDate>Tue, 14 Jul 2026 09:28:00 +0200</pubDate>
        <a_id>725585</a_id>
        <updated>1784019132</updated>
        <published>1784014080</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001285136_resized_anglogoldgeitaminetanzania1022.jpg</image_url>
        <image_title>Processing plant at AngloGold's Geita operation in Tanzania</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>New study links financial services employees' workplace tech experience to organisational ...</title>
            <link>https://www.engineeringnews.co.za/article/new-study-links-workplace-tech-to-employee-satisfaction-2026-07-10</link>
            <description><![CDATA[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 Africa. The Employee Technology Experience Index found a correlation between the technology experiences of employees and workforce outcomes such as employee productivity, job satisfaction, retention, employee net promoter score and, ultimately, customer experience and organisational performance.]]></description>
            <author>Natasha Odendaal</author>
            <category>TECHNOLOGY</category>
            <pubDate>Fri, 10 Jul 2026 10:07:00 +0200</pubDate>
        <a_id>725427</a_id>
        <updated>1783678703</updated>
        <published>1783670820</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001284637_resized_untitledjuly102026at101038.jpeg</image_url>
        <image_title>ADB MD Craig Stewart</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Swedfund invests $5m more into TLG II impact fund to support SMEs</title>
            <link>https://www.engineeringnews.co.za/article/swedfund-invests-5m-more-into-tlg-ii-impact-fund-to-support-smes-2026-07-07</link>
            <description><![CDATA[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 small and medium-sized enterprises (SMEs) that otherwise struggle to access financing. SMEs play an important role in job creation and local economic growth across Africa, but often struggle to access loans that meet their needs. Many are viable and have the potential to grow, but need financing on terms that are sustainable with their expected growth.]]></description>
            <author>Schalk Burger</author>
            <category>SME FINANCES</category>
            <pubDate>Tue, 07 Jul 2026 14:30:00 +0200</pubDate>
        <a_id>725155</a_id>
        <updated>1783428578</updated>
        <published>1783427400</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>Hulamin appoints interim chairperson</title>
            <link>https://www.engineeringnews.co.za/article/hulamin-appoints-interim-chairperson-2026-07-07</link>
            <description><![CDATA[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 chairperson. He will, however, continue to serve as an independent nonexecutive director, the company says.]]></description>
            <author>Schalk Burger</author>
            <category>CORPORATE GOVERNANCE</category>
            <pubDate>Tue, 07 Jul 2026 10:52:00 +0200</pubDate>
        <a_id>725122</a_id>
        <updated>1783416119</updated>
        <published>1783414320</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>Africa attracted investment in 2025; the challenge is turning it into broader industrial ...</title>
            <link>https://www.engineeringnews.co.za/article/africa-attracted-investment-in-2025-challenge-is-turning-it-into-broader-industrial-development-unctad-2026-07-07</link>
            <description><![CDATA[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 remained one-third above the long-term average. However, the bigger story is that investors continue to position themselves in sectors that are becoming increasingly important to the global economy, UN Trade and Development (Unctad) highlights in its 'World Investment Report 2026'.]]></description>
            <author>Schalk Burger</author>
            <category>TRADE INVESTMENTS</category>
            <pubDate>Tue, 07 Jul 2026 10:30:00 +0200</pubDate>
        <a_id>725067</a_id>
        <updated>1783414320</updated>
        <published>1783413000</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001283691_resized_businessinafricaglobemap10201910226.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Africa's blockchain venture capital almost halved in 2025, while share of global deals rises</title>
            <link>https://www.engineeringnews.co.za/article/africas-blockchain-venture-capital-almost-halved-in-2025-while-share-of-global-deals-rises-2026-07-07</link>
            <description><![CDATA[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 selectively. Africa, meanwhile, recorded a 26.6% decrease in funding, but deal activity dropped by only two transactions year-on-year, the latest 'Africa Blockchain Report', published by Swiss venture capital firm CV VC and sponsored by financial services firm Absa, shows.]]></description>
            <author>Schalk Burger</author>
            <category>AFRICA BLOCKCHAIN</category>
            <pubDate>Tue, 07 Jul 2026 10:06:00 +0200</pubDate>
        <a_id>725112</a_id>
        <updated>1783414010</updated>
        <published>1783411560</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>Lobito Corridor railway project achieves $753m financial close</title>
            <link>https://www.engineeringnews.co.za/article/lobito-corridor-railway-project-achieves-753m-financial-close-2026-07-03</link>
            <description><![CDATA[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 Africa Finance Corporation (AFC). The transaction, which follows key financing agreements signed late last year, marks a major milestone for regional integration and economic transformation in Africa.]]></description>
            <author>Schalk Burger</author>
            <category>RAIL FINANCING</category>
            <pubDate>Fri, 03 Jul 2026 15:26:00 +0200</pubDate>
        <a_id>725000</a_id>
        <updated>1783087487</updated>
        <published>1783085160</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001283313_resized_railinfrastructure022023102212.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Outcomes-based bonds  a powerful tool</title>
            <link>https://www.engineeringnews.co.za/article/outcomes-based-bonds-powerful-tool-for-solving-the-water-crisis-2026-07-03</link>
            <description><![CDATA[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 private sectors must urgently mobilise towards solutions, says law firm Webber Wentzel partner Khurshid Fazel. “Across the African continent, water infrastructure is under increasing strain,” she stresses.]]></description>
            <author>Halima Frost</author>
            <category>Financial</category>
            <pubDate>Fri, 03 Jul 2026 00:00:00 +0200</pubDate>
        <a_id>723764</a_id>
        <updated>1783326550</updated>
        <published>1783029600</published>
        <expires>99999999999</expires>
        <editor>Nadine James</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001279536_resized_watersoragekhurshidfazelwebberwentzel01scaled1022.jpeg</image_url>
        <image_title>KHURSHID FAZEL
Webber Wentzel recently advised African banking giant FirstRand Bank on the structuring and issuance of South Africa's first outcomes-based water bond</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>PPC Zimbabwe vacant land disposal period lapses without payment</title>
            <link>https://www.engineeringnews.co.za/article/ppc-zimbabwe-vacant-land-disposal-period-lapses-without-payment-2026-07-01</link>
            <description><![CDATA[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 PPC Zimbabwe, from the proposed buyer Transvaal Africa by June 30, and that the disposal agreement has therefore lapsed. The Arlington Property remains a noncore asset and any other purchase offers PPC Zimbabwe may receive will be considered on their merits, the company says.]]></description>
            <author>Schalk Burger</author>
            <category>DISPOSALS</category>
            <pubDate>Wed, 01 Jul 2026 14:26:00 +0200</pubDate>
        <a_id>724781</a_id>
        <updated>1782910106</updated>
        <published>1782908760</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>Domestic, foreign travellers must now declare cash of more than R100 000 – FIC</title>
            <link>https://www.engineeringnews.co.za/article/domestic-foreign-travellers-must-now-declare-cash-of-more-than-r100-000-fic-2026-07-01</link>
            <description><![CDATA[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 the Financial Intelligence Centre (FIC). From July 1, travellers crossing any of the country’s air, land or sea borders and who have in their possession cash, goods, currency and/or bearer negotiable instruments above the threshold of R100 000 will be required to declare this through the Customs and Excise traveller management system.]]></description>
            <author>Schalk Burger</author>
            <category>FINANCIAL INTELLIGENCE</category>
            <pubDate>Wed, 01 Jul 2026 12:47:00 +0200</pubDate>
        <a_id>724763</a_id>
        <updated>1782908496</updated>
        <published>1782902820</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>Absa PMI declines to 47.3 points in June, but price pressures may have peaked</title>
            <link>https://www.engineeringnews.co.za/article/absa-pmi-declines-to-473-points-in-june-but-price-pressures-may-have-peaked-2026-07-01</link>
            <description><![CDATA[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 in June suggests that April and May may have marked the peak of price pressures, particularly given the fuel price reductions that came into effect on July 1, the bank says.]]></description>
            <author>Schalk Burger</author>
            <category>PURCHASING MANAGERS</category>
            <pubDate>Wed, 01 Jul 2026 11:36:00 +0200</pubDate>
        <a_id>724745</a_id>
        <updated>1782900964</updated>
        <published>1782898560</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>Fortress to raise R1.35bn in bookbuild</title>
            <link>https://www.engineeringnews.co.za/article/fortress-to-raise-r135bn-in-bookbuild-2026-07-01</link>
            <description><![CDATA[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. The shares represent about 4.5% of the company’s total B ordinary shares in issue and will raise gross proceeds of about R1.35-billion, it says.]]></description>
            <author>Schalk Burger</author>
            <category>REAL ESTATE</category>
            <pubDate>Wed, 01 Jul 2026 10:15:00 +0200</pubDate>
        <a_id>724722</a_id>
        <updated>1782896806</updated>
        <published>1782893700</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>SepHold grows full-year revenue, net profit</title>
            <link>https://www.engineeringnews.co.za/article/sephold-grows-full-year-revenue-net-profit-2026-06-30</link>
            <description><![CDATA[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 R1.18-billion in the prior financial year. Net profit increased to R93-million, from R74-million in the prior financial year.]]></description>
            <author>Schalk Burger</author>
            <category>FINANCIAL RESULTS</category>
            <pubDate>Tue, 30 Jun 2026 16:00:00 +0200</pubDate>
        <a_id>724678</a_id>
        <updated>1782831147</updated>
        <published>1782828000</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>Project readiness is main constraint, not capital, in South Africa's infrastructure opportunities</title>
            <link>https://www.engineeringnews.co.za/article/project-readiness-is-main-constraint-not-capital-in-south-africas-infrastructure-opportunities-2026-06-30</link>
            <description><![CDATA[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 certainty required to deploy long-term capital at scale. Infrastructure and energy-related funds attracted 71% of capital raised by private equity funds in 2025, says industry organisation Southern African Venture Capital and Private Equity Association (Savca).]]></description>
            <author>Schalk Burger</author>
            <category>INFRASTRUCTURE INVESTMENT</category>
            <pubDate>Tue, 30 Jun 2026 15:46:00 +0200</pubDate>
        <a_id>724673</a_id>
        <updated>1782828855</updated>
        <published>1782827160</published>
        <expires>99999999999</expires>
        <editor>Marleny Arnoldi</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>South Africa's economic recovery entering uncertain phase amid growing pressure</title>
            <link>https://www.engineeringnews.co.za/article/south-africas-economic-recovery-entering-uncertain-phase-amid-growing-pressure-2026-06-30</link>
            <description><![CDATA[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 PwC South Africa in its 'South Africa Economic Outlook – Mid-2026 review'. South Africa’s economic recovery is holding, but it is becoming increasingly uneven and fragile. While domestic conditions have improved, the economy is now facing renewed pressure from rising costs and global uncertainty, says PwC South Africa chief economist and Africa sustainability leader Lullu Krugel.]]></description>
            <author>Schalk Burger</author>
            <category>ECONOMIC OUTLOOK</category>
            <pubDate>Tue, 30 Jun 2026 12:51:00 +0200</pubDate>
        <a_id>724651</a_id>
        <updated>1782823981</updated>
        <published>1782816660</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>Mastercard opens Africa Cybersecurity Centre of Excellence</title>
            <link>https://www.engineeringnews.co.za/article/mastercard-opens-africa-cybersecurity-centre-of-excellence-2026-06-30</link>
            <description><![CDATA[Payments processing multinational Mastercard has launched its Africa Cybersecurity Centre of Excellence – a pan-African initiative designed to strengthen cyber-resilience, enhance collaboration and help safeguard the trust that underpins Africa's expanding digital economy. The centre extends Mastercard’s expertise and network, which brings global competence and intelligence to one of the world's fastest-growing digital economies, it says.]]></description>
            <author>Schalk Burger</author>
            <category>CYBERSECURITY</category>
            <pubDate>Tue, 30 Jun 2026 11:26:00 +0200</pubDate>
        <a_id>724637</a_id>
        <updated>1782812930</updated>
        <published>1782811560</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>PIC conducts oversight visit to South African hydrogen technology company </title>
            <link>https://www.engineeringnews.co.za/article/pic-conducts-oversight-visit-to-south-african-hydrogen-company-2026-06-26</link>
            <description><![CDATA[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. The PIC is a shareholder in Bambili Energy and the visit formed part of an ongoing oversight programme showcasing how pension capital is being deployed to support South Africa’s long-term economic development.]]></description>
            <author>Tasneem Bulbulia</author>
            <category>HYDROGEN AND FINANCE</category>
            <pubDate>Fri, 26 Jun 2026 14:11:00 +0200</pubDate>
        <a_id>724459</a_id>
        <updated>1782479150</updated>
        <published>1782475860</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001281591_resized_hyplatbambilioversightvisit06261022.jpeg</image_url>
        <image_title>PIC oversight visit </image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Stage Zero forms solar, backup power funding platform with FirstRand securitisation</title>
            <link>https://www.engineeringnews.co.za/article/stage-zero-forms-solar-backup-power-funding-platform-with-firstrand-securitisation-2026-06-25</link>
            <description><![CDATA[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 systems for South African homes and businesses. The transaction allows Stage Zero to use the predictable revenue profile of its customer contracts to unlock institutional funding for further deployment, instead of relying solely on traditional project-by-project financing.]]></description>
            <author>Schalk Burger</author>
            <category>SOLAR FINANCING</category>
            <pubDate>Thu, 25 Jun 2026 16:46:00 +0200</pubDate>
        <a_id>724370</a_id>
        <updated>1782400513</updated>
        <published>1782398760</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>£1bn-plus invested in African businesses last year – BII</title>
            <link>https://www.engineeringnews.co.za/article/1bn-plus-invested-in-african-businesses-last-year-bii-2026-06-25</link>
            <description><![CDATA[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 investments for the year.]]></description>
            <author>Irma Venter</author>
            <category>INVESTMENT</category>
            <pubDate>Thu, 25 Jun 2026 14:54:00 +0200</pubDate>
        <a_id>724350</a_id>
        <updated>1782465435</updated>
        <published>1782392040</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001281210_resized_biichrischijiutomi20261022.jpeg</image_url>
        <image_title>Chris Chijiutomi</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Stocks &amp; Strauss closes R400m University Technology Fund II</title>
            <link>https://www.engineeringnews.co.za/article/stocks-strauss-closes-r400m-university-technology-fund-ii-2026-06-25</link>
            <description><![CDATA[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 university-linked early-stage investment platform to more than R700-million and deepens a dedicated pathway for commercialising innovation emerging from tertiary institutions, the company says.]]></description>
            <author>Schalk Burger</author>
            <category>UNIVERSITY TECHNOLOGY</category>
            <pubDate>Thu, 25 Jun 2026 11:55:00 +0200</pubDate>
        <a_id>724316</a_id>
        <updated>1782383851</updated>
        <published>1782381300</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>Hyprop on track to deliver 10% to 12% growth in full-year distributable income</title>
            <link>https://www.engineeringnews.co.za/article/hyprop-on-track-to-deliver-10-to-12-growth-in-full-year-distributable-income-2026-06-25</link>
            <description><![CDATA[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 year ending on June 30. In a pre-close operational update on the five-month period to end-May, the company says its liquidity position is strong, with R1.7-billion in cash and R2-billion in available bank facilities.]]></description>
            <author>Schalk Burger</author>
            <category>FINANCIAL RESULTS</category>
            <pubDate>Thu, 25 Jun 2026 11:01:00 +0200</pubDate>
        <a_id>724304</a_id>
        <updated>1782381453</updated>
        <published>1782378060</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001281090_resized_hypropceomornewilken1022.jpeg</image_url>
        <image_title>Hyprop Investments CEO Morne Wilken</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>dtic’s partnership with Afreximbank to provide access to trade, industrial finance</title>
            <link>https://www.engineeringnews.co.za/article/dtics-partnership-with-afreximbank-to-provide-access-to-trade-industrial-finance-2026-06-24</link>
            <description><![CDATA[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, State-owned enterprises and financial institutions to access trade and industrial finance. The $14-billion Country Programme also provides funding to support transformation, risk coverage and project funding, as well as funding to expand into continental markets under the African Continental Free Trade Area (AfCFTA).]]></description>
            <author>Schalk Burger</author>
            <category>TRADE PARTNERSHIP</category>
            <pubDate>Wed, 24 Jun 2026 14:28:00 +0200</pubDate>
        <a_id>724204</a_id>
        <updated>1782309665</updated>
        <published>1782304080</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>Multilateral development banks remain relevant, more progress on reforms needed</title>
            <link>https://www.engineeringnews.co.za/article/multilateral-development-banks-remain-relevant-more-progress-on-reforms-needed-2026-06-24</link>
            <description><![CDATA[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 some of their functions. This was among the findings of the 'Reforming multilateral development banks: perspectives from client countries' report produced by UK-based think tank ODI Global.]]></description>
            <author>Schalk Burger</author>
            <category>DEVELOPMENT FINANCE</category>
            <pubDate>Wed, 24 Jun 2026 12:05:00 +0200</pubDate>
        <a_id>724184</a_id>
        <updated>1782297829</updated>
        <published>1782295500</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>TaxTim launches AI WhatsApp tax assistant </title>
            <link>https://www.engineeringnews.co.za/article/taxtim-launches-ai-whatsapp-tax-assistant-2026-06-22</link>
            <description><![CDATA[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 can send a message or a voice note query and receive an answer.]]></description>
            <author>Tasneem Bulbulia</author>
            <category>TECHNOLOGY AND FINANCE</category>
            <pubDate>Mon, 22 Jun 2026 11:48:00 +0200</pubDate>
        <a_id>723983</a_id>
        <updated>1782125563</updated>
        <published>1782121680</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001280256_resized_taxpenglassescalculator1022.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Still threat of Johannesburg electricity interruptions, despite Eskom’s deadline extension ...</title>
            <link>https://www.engineeringnews.co.za/article/johannesburg-electricity-interruptions-still-a-threat-despite-eskoms-extension-outa-2026-06-18</link>
            <description><![CDATA[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 and/or termination of electricity supply to certain City of Johannesburg (CoJ) and City Power bulk supply points. The consultation process is being conducted in terms of the Promotion of Administrative Justice Act (PAJA), which requires public bodies to follow a fair process before making decisions that may materially affect people or businesses.]]></description>
            <author>Tasneem Bulbulia</author>
            <category>ELECTRICITY</category>
            <pubDate>Thu, 18 Jun 2026 12:14:00 +0200</pubDate>
        <a_id>723799</a_id>
        <updated>1781785038</updated>
        <published>1781777640</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001279644_resized_joburgskyline03251022.jpeg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>CIPC puts spotlight on its Beneficial Ownership register and requirements for companies</title>
            <link>https://www.engineeringnews.co.za/article/cipc-puts-spotlight-on-its-beneficial-ownership-register-and-requirements-for-companies-2026-06-15</link>
            <description><![CDATA[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 launched, until May 27 this year, the CIPC had received more than 3.2-million BO filings, of which more than 2.2-million were completed in the system, more than 500 000 had been amended to meet requirements and more than 8 000 had been assessed. “BO compliance is more than a filing requirement; it is a transparency tool that identifies the real individuals behind companies, prevents fronting, corruption and money laundering and strengthens investor confidence,” explained the CIPC. It thus protects the integrity of the country’s financial system and ensures fair market competition.]]></description>
            <author>Rebecca Campbell</author>
            <category>FINANCIAL SERVICES</category>
            <pubDate>Mon, 15 Jun 2026 16:41:00 +0200</pubDate>
        <a_id>723599</a_id>
        <updated>1781535190</updated>
        <published>1781534460</published>
        <expires>99999999999</expires>
        <editor>Marleny Arnoldi</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001279128_resized_adobestock67860253.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Fitch upgrades Eskom to B+, in line with South Africa's credit rating</title>
            <link>https://www.engineeringnews.co.za/article/fitch-upgrades-eskom-to-b-in-line-with-south-africas-credit-rating-2026-06-15</link>
            <description><![CDATA[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 credit rating. Specifically, Fitch upgraded Eskom's long-term Issuer default ratings to B+ with a stable outlook; its senior unsecured debt to B+ with its recovery rating of RR4 unchanged; and Eskom's guaranteed senior unsecured debt to BB from BB-.]]></description>
            <author>Schalk Burger</author>
            <category>CREDIT RATINGS</category>
            <pubDate>Mon, 15 Jun 2026 09:50:00 +0200</pubDate>
        <a_id>723523</a_id>
        <updated>1781532868</updated>
        <published>1781509800</published>
        <expires>99999999999</expires>
        <editor>Marleny Arnoldi</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001278875_resized_danmarokane05251022.jpeg</image_url>
        <image_title>Eskom Group CE Dan Marokane</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>WesBank pivots offerings to accommodate shifting mobility trends  </title>
            <link>https://www.engineeringnews.co.za/article/wesbank-pivots-offerings-to-accommodate-shifting-mobility-trends-2026-06-12</link>
            <description><![CDATA[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 unfolds, leasing asset-based finance provider WesBank is responding by adapting its offering to both accommodate and shape this evolving landscape. This was outlined by the company at a media roundtable: 'The future of mobility in South Africa: Balancing growth, access and transformation', held at its offices, in Johannesburg, on June 11.]]></description>
            <author>Tasneem Bulbulia</author>
            <category>AUTOMOTIVE AND FINANCE</category>
            <pubDate>Fri, 12 Jun 2026 15:58:00 +0200</pubDate>
        <a_id>723494</a_id>
        <updated>1781702243</updated>
        <published>1781272680</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001278773_resized_wesbankroundtable0626tasneembulbulia1022.jpeg</image_url>
        <image_title>FNB Commercial Lend Pillar product head Linda Musonda, WesBank and FNB senior economist Thanda Sithole and WesBank CEO Robert Gwerengwe at the roundtable </image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Treasury achieves budgeted foreign currency funding requirement for 2026/27</title>
            <link>https://www.engineeringnews.co.za/article/treasury-achieves-budgeted-foreign-currency-funding-requirement-for-202627-2026-06-11</link>
            <description><![CDATA[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 through concessional financing secured from development finance institutions and multilateral development banks.]]></description>
            <author>Schalk Burger</author>
            <category>FISCAL FUNDING</category>
            <pubDate>Thu, 11 Jun 2026 09:28:00 +0200</pubDate>
        <a_id>723318</a_id>
        <updated>1781166896</updated>
        <published>1781162880</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>Afrimat completes disposal, meets obligations of Lafarge acquisition</title>
            <link>https://www.engineeringnews.co.za/article/afrimat-completes-disposals-meets-obligations-of-lafarge-acquisition-2026-06-10</link>
            <description><![CDATA[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 disposal price was R215-million, which includes a cash amount of R160-million and the balance of R55-million being payable over three years, subject to the fulfilment of certain financial and operational conditions.]]></description>
            <author>Schalk Burger</author>
            <category>MERGERS &amp; ACQUISITIONS</category>
            <pubDate>Wed, 10 Jun 2026 15:28:00 +0200</pubDate>
        <a_id>723293</a_id>
        <updated>1781099585</updated>
        <published>1781098080</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>Building confidence drops by a further 4 points in the second quarter</title>
            <link>https://www.engineeringnews.co.za/article/building-confidence-drops-further-by-a-further-4-points-in-the-second-quarter-2026-06-10</link>
            <description><![CDATA[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 Building Confidence Index shows. This level indicates that more than 60% of respondents across the building sector value chain are dissatisfied with prevailing business conditions.]]></description>
            <author>Schalk Burger</author>
            <category>BUILDING CONFIDENCE</category>
            <pubDate>Wed, 10 Jun 2026 15:16:00 +0200</pubDate>
        <a_id>723289</a_id>
        <updated>1781100088</updated>
        <published>1781097360</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001278186_resized_constructionworkersdawn1022.jpeg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Standard Bank reports growth in finance for renewable energy projects in Africa</title>
            <link>https://www.engineeringnews.co.za/article/standard-bank-reports-growth-in-finance-for-renewable-energy-projects-in-africa-2026-06-09</link>
            <description><![CDATA[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 and pace of Africa’s renewable-energy development is being driven by a combination of policy alignment, declining technology costs, growing investor demand and the need to address climate risk while expanding energy access.]]></description>
            <author>Schalk Burger</author>
            <category>ENERGY FINANCING</category>
            <pubDate>Tue, 09 Jun 2026 16:01:00 +0200</pubDate>
        <a_id>723210</a_id>
        <updated>1781015487</updated>
        <published>1781013660</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>Committees must prepare for more demanding executive remuneration conversations – PwC</title>
            <link>https://www.engineeringnews.co.za/article/committees-must-prepare-for-more-demanding-executive-remuneration-conversations-pwc-2026-06-09</link>
            <description><![CDATA[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 South Africa. Listed and unlisted public and State-owned companies must present a remuneration policy and an annual remuneration report for approval by ordinary resolution.]]></description>
            <author>Schalk Burger</author>
            <category>EXECUTIVE REMUNERATION</category>
            <pubDate>Tue, 09 Jun 2026 15:20:00 +0200</pubDate>
        <a_id>723200</a_id>
        <updated>1781013599</updated>
        <published>1781011200</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>DG provides insights into SARB’s innovation approach, considerations </title>
            <link>https://www.engineeringnews.co.za/article/dg-provides-insights-into-sarbs-innovation-approach-considerations-2026-06-09</link>
            <description><![CDATA[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 highlighted by South African Reserve Bank (SARB) deputy governor Rashad Cassim in a keynote address at the Gordon Institute of Business Science, in Johannesburg, on June 9.]]></description>
            <author>Tasneem Bulbulia</author>
            <category>FINANCE AND TECHNOLOGY</category>
            <pubDate>Tue, 09 Jun 2026 15:05:00 +0200</pubDate>
        <a_id>723196</a_id>
        <updated>1781011817</updated>
        <published>1781010300</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001277877_resized_sarbbuilding1022bloomberg.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>South Africa's Treasury welcomes Fitch upgrade to BB with stable outlook</title>
            <link>https://www.engineeringnews.co.za/article/treasury-welcomes-fitch-upgrade-to-bb-with-stable-outlook-2026-06-08</link>
            <description><![CDATA[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 outlook. The upgrade reflects South Africa’s record of prudent fiscal management and its progress on fiscal consolidation, despite weak economic growth and domestic and external shocks.]]></description>
            <author>Schalk Burger</author>
            <category>CREDIT RATING</category>
            <pubDate>Mon, 08 Jun 2026 12:35:00 +0200</pubDate>
        <a_id>723087</a_id>
        <updated>1780930928</updated>
        <published>1780914900</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>City of Joburg failure poses risk to economy – Mavuso</title>
            <link>https://www.engineeringnews.co.za/article/city-of-joburg-failure-poses-risk-to-economy-mavuso-2026-06-08</link>
            <description><![CDATA[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 the country's GDP and provides vital services across much of the economic base. Repeated failures in water supply, electricity and road maintenance are becoming an unacceptable risk for business.]]></description>
            <author>Schalk Burger</author>
            <category>GOVERNANCE CITY</category>
            <pubDate>Mon, 08 Jun 2026 12:12:00 +0200</pubDate>
        <a_id>723080</a_id>
        <updated>1780926011</updated>
        <published>1780913520</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001277598_resized_blsaceobusimavuso2023071022.jpg</image_url>
        <image_title>Business Leadership South Africa CEO Busisiwe Mavuso</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Fairvest reports progress in repositioning to retail, declares interim dividend</title>
            <link>https://www.engineeringnews.co.za/article/fairvest-reports-progress-in-repositioning-to-retail-declares-interim-dividend-2026-06-03</link>
            <description><![CDATA[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 noncore assets and strategic acquisitions to enhance long-term earnings visibility and sustainability. For the six months to March 31, it declared a distribution per A share of 71.82c, up from 69.66c for the six-month period to March 31, 2025, and a distribution per B share of 25.94c, up from 23.10c per B share in the 2025 interim period.]]></description>
            <author>Schalk Burger</author>
            <category>FINANCIAL RESULTS</category>
            <pubDate>Wed, 03 Jun 2026 15:47:00 +0200</pubDate>
        <a_id>722795</a_id>
        <updated>1780495667</updated>
        <published>1780494420</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>South Africa meeting fiscal, structural reform targets, Treasury DG Pieterse assures</title>
            <link>https://www.engineeringnews.co.za/article/south-africa-meeting-fiscal-structural-reform-targets-treasury-dg-pieterse-assures-2026-06-02</link>
            <description><![CDATA[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 lower borrowing costs and a stronger currency, National Treasury director-general Dr Duncan Pieterse has said. According to the National Budget tabled in February, South Africa's debt-to-GDP ratio stabilised for the first time since before the 2008 global financial crisis, and was expected to decrease to 76.5% by 2028/29. The country also posted a third consecutive primary surplus, he said in a prepared speech.]]></description>
            <author>Schalk Burger</author>
            <category>FISCAL REFORMS</category>
            <pubDate>Tue, 02 Jun 2026 16:28:00 +0200</pubDate>
        <a_id>722712</a_id>
        <updated>1780413720</updated>
        <published>1780410480</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001276310_resized_treasurydgdrduncanpieterse1022.jpg</image_url>
        <image_title>Treasury director-general Dr Duncan Pieterse</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Tech-enabled businesses that scale are attracting investments – Endeavor South Africa</title>
            <link>https://www.engineeringnews.co.za/article/tech-enabled-businesses-that-scale-are-attracting-investments-endeavor-south-africa-2026-06-02</link>
            <description><![CDATA[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 and clear market relevance, even in difficult economic conditions. The five firms are financial services firm GoTymeBank, digital payments company Onafriq, digital workplace platform Go1, cross-border remittance company Hello Paisa and insurance technology company Pineapple.]]></description>
            <author>Schalk Burger</author>
            <category>BUSINESS TECHNOLOGY</category>
            <pubDate>Tue, 02 Jun 2026 12:18:00 +0200</pubDate>
        <a_id>722668</a_id>
        <updated>1780397939</updated>
        <published>1780395480</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
    </channel>
</rss>
