Global chemicals and energy company Sasol and Japanese trading group Itochu have signed a memorandum of understanding (MoU) to jointly study and develop the market and supply chain for green... 

The Italian development finance institution Cassa Depositi e Prestiti (CDP) has agreed a debut €100-million loan for African infrastructure solutions provider Africa Finance Corporation (AFC), to... 

Financial institution Absa’s seasonally adjusted Purchasing Managers’ Index (PMI) rose to 52.1 points in August from 47.6 in July. Following a tough start to the third quarter, an easing in the... 

Financial services provider Capitec has commissioned solar installation company Impower to design, install and maintain an electricity solution that integrates both solar and a battery backup... 

Two-thirds of South Africans expect the country’s banks to make a full transition to digital banking within five years, a new report titled ‘The Future of Retail Banking in South Africa’  states.... 

Retailer Massmart’s share price on the JSE rose by more than 45% on the morning of August 29, after the company announced that it had reached an in-principle agreement with US-based retail... 

The Lanseria smart city initiative, announced by President Cyril Ramaphosa in his 2020 State of the Nation Address, has steadily been gaining momentum over the past two years, despite setbacks... 

The Medium-Term Budget Policy Statement, due to be delivered in October, has to do two things – enable the government to work effectively and deliver appropriate fiscal policy, Business Leadership... 

State-owned development finance institution Development Bank of Southern Africa (DBSA) has reported a record R3.8-billion net profit for the financial year ended March 31, showing a profitability... 

In spite of chemical supply chain constraints, flow measurement and calibration technology company Wika expects to benefit from its diverse portfolio offering to provide quality instrumentation for... 

JSE-listed woodfibre products and solutions multinational Sappi says its €515-million international revolving credit facility is its first financing facility with sustainability-linked key... 

The Industrial Development Corporation (IDC), in partnership with South African Tourism and the Tourism Business Council of South Africa, have collectively launched a travel campaign aimed at... 

Financial services firm TymeBank intends to acquire financial technology company Retail Capital for an undisclosed amount, investment management company African Rainbow Capital (ARC) Investments... 

The South African Post Office reports that there has been a “healthy” uptake of its online motor vehicle licence renewal facility, which was launched at the end of January.  More than 37 000... 

According to a report carried out over six months by used car sales and buying service WeBuyCars, German motor vehicle manufacturer Volkswagen ranked as South Africa’s most sought-after used car... 

The National Association of Automobile Manufacturers of South Africa | The  Automotive Business Council (Naamsa) states in its ‘Quarterly review of business conditions: new motor vehicle... 

The Concentrator Photovoltaics Power Plant No.1 (CPV1), a 44 MW concentrated solar photovoltaic plant in the Western Cape, has successfully been refinanced by its shareholders Pele Green Energy... 

Development finance institutions (DFIs) British International Investment (BII) and FMO on July 27 made a joint commitment to the African Infrastructure Investment Fund 4 (AIIF4), managed by African... 

Shareholder activist organisation Just Share has analysed financial services firm Absa’s recently published Coal Financing Standard and Oil and Gas Financing Standard, as well as Absa’s 2022... 

Financial institution Standard Bank has attributed the success of its recent direct minority equity investment into technology-enabled logistics solution Tripplo to its ability as a large,... 

Banks continued to meet many of the empowerment and transformation targets set out in the Financial Sector Code (FSC), despite the severe economic contraction of 6.4% experienced in 2020, which... 

Business organisations Business Leadership South Africa (BLSA) and Business Unity South Africa (Busa) last week published a report, compiled by researchers Intellidex, investigating funding options... 

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...