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  • Ramaphosa and Mboweni push for new state bank in South Africa

    Content Types: ArticleRegions & Countries: South AfricaIndustries: Banking & Finance
    President Cyril Ramaphosa has expressed his support for a state bank, indicating that a number of other developing countries have these institutions in place.
  • S.Africa's Standard Bank signs $520 mln loan with Chinese lenders

    Content Types: ArticleRegions & Countries: ChinaSouth AfricaIndustries: Banking & Finance
    JOHANNESBURG, Oct 20 (Reuters) - The South African unit of Standard Bank SBKJ.J said on Tuesday it had signed a $520 million syndicated loan with seven Chinese banks, coordinated by the Industrial and Commercial Bank of China 601398.SS.
  • Sanlam partners with Robeco to achieve sustainability goals

    Content Types: ArticleRegions & Countries: South AfricaIndustries: Banking & FinanceServices: Investment ManagementInvestment Promotion
    Sanlam Investments has partnered with international asset manager and pioneer in sustainable investing, Robeco, to enhance and cement their commitment to sustainable investment practices and, in turn, revitalise their purpose and create fresh impact.
  • FirstRand secures $225m to finance green projects in South Africa

    Content Types: ArticleRegions & Countries: South AfricaIndustries: Clean EnergyBanking & Finance...
    International Finance Corporation (IFC) has announced a loan to FirstRand Bank to enable increased financial and advisory support to energy-efficient and water-smart projects in South Africa, helping the country meet decarbonisation goals and other environmental targets.
  • NERSA gives the green light to Eskom to increase tariffs

    Content Types: ArticleRegions & Countries: South AfricaIndustries: Clean EnergyPower/Utilities
    The National Energy Regulator of South Africa (NERSA) has approved Eskom’s request to recover R13.3 billion as part of the power utility’s regulatory clearing account (RCA) application for the 2018/19 year.
  • South African Airways gets 3.5 bln rand emergency funding from development bank

    Content Types: ArticleRegions & Countries: South AfricaIndustries: Logistics & Transportation
    Cash-strapped state carrier South African Airways (SAA) will receive 3.5 billion rand ($244 million) of emergency funding from the Development Bank of Southern Africa, the airline’s business rescue practitioners said on Tuesday.
  • Ultra long-haul: South African Airways flies new A350 from New York to Johannesburg

    Content Types: ArticleRegions & Countries: South AfricaIndustries: Aviation
    South African Airways (SAA) has introduced the most technology-advanced aircraft available for international ultra long-haul travel with the launch of its new Airbus A350-900 on nonstop flights between New York John F. Kennedy International Airport to Johannesburg O.R. Tambo International Airport starting January 20, 2020.
  • South Africa: SA Medical Students Develop App for World Competition

    Content Types: ArticleRegions & Countries: South AfricaIndustries: Medical & HealthInformation Technology
    Two KwaZulu-Natal medical students have presented to the World Health Organisation, a cellphone application designed to help with ensuring patients take pills regularly, the University of KZN said on Sunday.
  • Silvertree invests in South African new virtual kitchen business Darth Kitchens

    Content Types: ArticleRegions & Countries: South AfricaIndustries: Information Technology
    Cape Town-based investor Silvertree Holdings has invested R5 million (US$0.34 million) in return for a majority stake in former OrderIn co-founder Heini Booysen’s new Darth kitchens business.
  • PASA Awards Six Junior Companies Exploration Licenses

    Content Types: ArticleRegions & Countries: South AfricaIndustries: Minerals & Resources
    Six junior mining companies have been awarded hydrocarbon exploration licenses totaling 30 132 km2 in the Northern Cape, North West and Free State, by the Petroleum Agency of South Africa (PASA).

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