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Remgro-led consortium reaches agreement to buy out Mediclinic

4 Aug 2022 /  Moneyweb
In a cash offer by Manta Bidco Limited, which also includes SAS Shipping Agencies Services as a key shareholder.

Sale to MTN the only way out for struggling Telkom

4 Aug 2022 /  Moneyweb
Once-buoyant mobile business is under real pressure, with lower revenues and margins down 20% …

Tycoon Motsepe’s startup bank to buy lender to small businesses

3 Aug 2022 /  Adelaide Changole, Bloomberg
'This acquisition will enable TymeBank to expand its offering to entrepreneurs to include working capital finance,' TymeBank CEO, Coen Jonker said.

Caxton unit acquires two Amcor operations

3 Aug 2022 /  Nondumiso Lehutso
After getting the go-ahead from the CompCom.

Bain gets three-year ban from UK government over ‘grave misconduct’ in SA

3 Aug 2022 /  Ciaran Ryan
UK becomes the first Western country to apply penalties on Bain for its role in state capture.

TymeBank reveals plans to acquire SME leading funder

3 Aug 2022 /  Palesa Mofokeng
Transaction amount remains undisclosed.

PIC to invest $100m in Africa Finance Corporation

2 Aug 2022 /  Akhona Matshoba
Its first investment in the Nigeria-headquartered multilateral financial institution.

Embattled Massmart expects bigger headline losses

2 Aug 2022 /  Palesa Mofokeng
As inflation and July riot costs hit home.

SA to take on Eskom debt, but unclear how much

1 Aug 2022 /  Alexander Winning and Bhargav Acharya, Reuters
The debt 'poses a risk to the sovereign, to avoid that sovereign risk the sovereign has got to step in' - Enoch Godongwana.

Absa gets IFC loan to drive SA low-cost home mortgages

1 Aug 2022 /  Adelaide Changole, Bloomberg
Absa in March announced plans to fund R100 billion of new environmental, social and governance-related products by 2025, more than doubling it’s book of R47 billion.

Joburg’s Carlton Centre and Cape Town’s 1 Adderley Street could be redeveloped

1 Aug 2022 /  Akhona Matshoba
Transnet Properties has put out investment feelers.

Transnet Pipelines to develop LNG import facilities in Richards Bay

1 Aug 2022 /  Nondumiso Lehutso
It's searching for a partner to collaborate on financing and construction.

[TOP STORY] Karooooo flourishing post-Covid

1 Aug 2022 /  Simon Brown
‘I certainly find there is inflation pressure; not so much on our telematics devices because we have reengineered our devices in the last few years to make sure we can get components:’ CEO and founder Zak Calisto.

Nedbank sees SA clean energy loans jump to R50bn

1 Aug 2022 /  Adelaide Changole, Bloomberg
From R29bn.

Industrial users challenge City Power tariffs in court

1 Aug 2022 /  Moneyweb
Reversal or reimbursement not justified, says City of Joburg utility.

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