10/17/2019
The program was intended to reduce inequality for South Africa’s disenfranchised black citizens by getting big white-owned companies to sell stakes in businesses at a massive discount to eligible black partners.
10/17/2019
The premium sub-sector was the most active (measured by turnover volume); with 51.6 million shares exchanged by investors in 847 deals.
10/17/2019
The lender targets mainly commercial enterprises, small and medium enterprises and individual customers.
10/16/2019
The IMF’s growth forecast for South Africa solidifies the country’s moribund economy after the World Bank last week also slashed its growth forecast, saying the economy would expand 0.8 percent this year from a 1.3 percent forecast in April.
10/16/2019
BancABC, officially known as ABC Holdings is a wholly-owned subsidiary of Atlas Mara, which is listed on the London Stock Exchange.
10/16/2019
The possible floatation is a rare bit of good news for London’s IPO market, which has struggled with a sharp drop in new listings amid ongoing political uncertainty in the UK.
10/16/2019
An interim dividend of R1.64 was declared, representing an increase of 8%, PSG Group said.
10/16/2019
Africa hospitality investment expert Wayne Troughton reveals where hoteliers and investors should look to next.
10/15/2019
There are all sorts of reasons people are thinking of having an ‘out’, from security and better education to tax benefits and travel freedom.
10/15/2019
Accor commits further to sustainable tourism with their latest initiative in South Africa.
10/15/2019
It's true that global markets have significantly outperformed the JSE over the past 10 years.
10/14/2019
The agreement that was signed on September 30, will avail unique investment opportunities to GPIF’s asset managers
10/14/2019
The budget projects revenue at N8.18 trillion in 2020. That’s 7% higher than the budgeted estimates for this year.
10/11/2019
An investor is expected to put in a minimum of Sh100,000, but with subsequent amounts in Sh50,000.
10/11/2019
KCB’s gain has been linked to the bank’s enhanced dividend payout and an increase in its issued shares by 142.9 million units.
10/11/2019
“South Africa is a multicultural society that promotes interaction among people of different backgrounds.”
10/10/2019
Long dwell time for deliveries and high shipping costs turn potential investors away from some African markets
10/10/2019
This is, of course, not a completely fair comparison.
10/10/2019
If prescribed assets are implemented, SA pension funds may have to invest a portion of their assets into SOEs with social and economic development mandates.
10/08/2019
Savca represents about R165billion in assets under management through 170 members that form part of the private equity and venture capital ecosystem.