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Sourcefin secures R150m investment to boost SMME financing

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<p><img src=”https://biz-file.com/c/2412/760946.jpg” width=”208″ height=”117″ alt=”Sourcefin secures R150m investment to boost SMME financing” align=”left”><p>Futuregrowth Asset Management has allocated R150m to Sourcefin, a South African fintech and alternative funding provider that...

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Telkom secures Icasa approval for R6.75bn Swiftnet sale

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<p><img src=”https://biz-file.com/c/2412/760951-208×117.jpg?5″ width=”208″ height=”117″ alt=”Telkom secures Icasa approval for R6.75bn Swiftnet sale” align=”left”><p>Telkom has received the green light from the Independent Communications Authority of South Africa (Icasa) for the...

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AutoZone acquisition by Metair gets green light

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<p><img src=”https://biz-file.com/c/2412/760939.png” width=”208″ height=”117″ alt=”AutoZone acquisition by Metair gets green light” align=”left”><p>The acquisition of AutoZone by Nikisize, which is controlled by Metair, has been approved by the Competition Tribunal....

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Trevor Manuel to chair G20 expert panel on Africa

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<p><img src=”https://biz-file.com/c/2412/760948-208×117.jpg?5″ width=”208″ height=”117″ alt=”Source: Presidency of the Republic of South Africa. President Cyril Ramaphosa received the United Nations Secretary-General, António Guterres at Mahlamba Ndlopfu, the president’s official residence...

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Asian shares weaken, dollar rises on US Treasury sell-off

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<p><img src=”https://biz-file.com/c/2412/760853-208×117.jpg?5″ width=”208″ height=”117″ alt=”Source: Reuters.” align=”left”><br><span >Source: Reuters.&lt;/span><p>Asian shares dropped on Friday, 13 December 2024 as a lack of details on Chinese stimulus disappointed investors, while the dollar...

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South Africa shifts to FDI outflows in third quarter, central bank says

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<p><img src=”https://biz-file.com/c/2412/760846-208×117.jpg?5″ width=”208″ height=”117″ alt=”Source: Reuters.” align=”left”><br><span >Source: Reuters.&lt;/span><p>South Africa recorded foreign direct investment outflows of R3.2bn ($179.87m) in the third quarter, compared to inflows of R16.6bn in the...

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South Africa’s formal economy contracts in 3Q24 amid job losses

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<p><img src=”https://biz-file.com/c/2412/760819-208×117.jpg?8″ width=”208″ height=”117″ alt=”Source: Supplied. Koketso Mano, FNB senior economist.” align=”left”><br><span >Source: Supplied. Koketso Mano, FNB senior economist.&lt;/span><p>The formal non-agricultural sectors of the economy lost about 130,000 jobs...

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‘Gold rush’ driven by geopolitics and consumer anxiety

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<p><img src=”https://biz-file.com/c/2412/760787-208×117.jpg?5″ width=”208″ height=”117″ alt=”Source: Microsoft Designer” align=”left”><br><span >Source: Microsoft Designer&lt;/span><p>The global gold market is experiencing an unprecedented surge in demand, breaking records and drawing intense scrutiny from financial...

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HSBC, World Bank’s IFC launch $1bn trade finance programme for emerging markets

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<p><img src=”https://biz-file.com/c/2412/760736-208×117.jpg?5″ width=”208″ height=”117″ alt=”Source: Reuters.” align=”left”><br><span >Source: Reuters.&lt;/span><p>HSBC and the World Bank’s International Finance Corporation (IFC) will jointly provide funding to trade transactions valued at up to $1bn,...

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Fintech can bridg the gap in SA’s township and rural economy

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<p><img src=”https://biz-file.com/c/2412/760673-208×117.jpg?5″ width=”208″ height=”117″ alt=”Fintech can bridg the gap in SA’s township and rural economy” align=”left”><p>Merchants in South Africa’s cash-driven township and rural economy remain underserved by the mainstream...

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