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.
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.
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.
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.
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.