The inaugural ZAR500 million (US$28.84 million) Sukuk facility to be issued by agriculture-focused investment company Agrarius has received a conditional approval to list on the Johannesburg Stock Exchange (JSE), ISFI has learned. The imminent listing of the inaugural issuance, with an indicative tenor of 36–48 months, is under a sustainability-linked ZAR10 billion (US$576.82 million) Sukuk program, with proceeds being channeled toward investing...

Sanlam Investment Management (SIM) has recently launched the SIM Flexible Income Fund, a retail unit trust targeted at investors with a one- to two-year time horizon.

Sanlam Investment Management (SIM) has recently launched the SIM Flexible Income Fund, a retail unit trust targeted at investors with a one- to two-year time horizon.

SA residents are still urged to follow “basic health protocols” as the government said that mask wearing was still mandatory in public places and a failure to do so would constitute a criminal offense.

President Cyril Ramaphosa has expressed his support for a state bank, indicating that a number of other developing countries have these institutions in place.

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 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.

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.

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.

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.