African mezzanine fund manager Vantage Capital, announced today that it has disbursed the second and final tranche of a R250 million expansion capital facility to Vumatel. The funds will be used for the ongoing expansion of Vumatel's fibre-to-the-home (FTTH) network in a growing number of Johannesburg and Cape Town suburbs.
30 minutes ago
As Bizcommunity's reputation as a premier global resource for industry news from the African continent increases, so our 600+ Press Office holders and company listings are reaping the benefits, often seeing more dramatically increased engagement for their corporate content than they might be be able to generate from their own networks.
Bizcommunity.com 2 hours ago
Farmers should critically examine the way they are preparing for the future if their estate planning is centred on ensuring that their agriculture legacy is continued by their children. According to Errol Meyer, senior manager, Advisory Propositions at Standard Bank, relying on a single financial solution to provide financial means for families to inherit a farm that is a going concern may not meet the mark.
1 day ago
Funds raised by private equity managers investing in South Africa and other African markets reached the highest on record for the industry in 2015. At R29bn, this was a significant 145% growth from R11,8bn in 2014. This is according to an annual survey of private equity and venture capital activity in Southern Africa.
1 day ago
Trustco Group Holdings Limited (Trustco) has announced its results for the year ended 31 March 2016. The results show yet another year of excellent financial performance and business growth.
Mortimer Harvey 1 day ago
South Africa may have fallen out of favour with some foreign investors, but Lupin - a transnational pharmaceutical company that is currently the seventh largest global generics player and the fifth largest in the US by prescription - still views South Africa as fertile ground for growth.
1 day ago
Spotting an opportunity that sparks an entrepreneurial idea is a dominant driver of startup businesses in South Africa, but they are not creating jobs at the scale and rate the country so urgently needs.
2 days ago
While the majority of African cities are still strongly disconnected from the global investment backbone, Johannesburg has taken the initiative to change its competitive position within the complex network of foreign direct investments (FDI) that takes place between thousands of cities worldwide.
Professor Ronald Wall 3 days ago
If you're familiar with the economies of Venezuela and Nigeria, you probably already know that these two countries are currently dealing with an economic crisis. Both countries have been greatly affected by the crash in the crude oil market.
According to the South African Department of International Relations and Cooperation, there are some instances in which medical treatment can be withheld by a foreign country if a person has no proof of funds or travel insurance. Therefore, travellers should carefully review their travel insurance to ensure they are sufficiently covered should an unexpected injury or event take place while abroad.
27 Jun 2016
So the unthinkable happened, the Brits voted for pulling out of the European Union (EU). The victors are crowing that it's about time the UK wiggled out from under the thumb of Brussels, while the in-siders are calling it a triumph of right-wing nationalism to keep refugees out of the country.
Nicci Botha 27 Jun 2016