Vantage Mezzanine Fund III invests R250m in Vumatel
Vantage Mezzanine Fund III invests R250m in Vumatel

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

Who's making a big impression on Biz?
Who's making a big impression on Biz?

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.

Issued by Bizcommunity.com 2 hours ago

Should advisors "pay back the money"?
Should advisors "pay back the money"?

The phrase "pay back the money" has become deeply ingrained in the South African psyche, having dominated parliament and newspaper headlines for the last year or so. Should the same credo apply to financial advisors?

By Richard Rattue 5 hours ago

What farmers should know about succession planning
What farmers should know about succession planning

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

Erika van der Merwe
Private equity fund raising for Southern Africa reaches record high

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 results show solid performance in all of the group's operating segments
Trustco results show solid performance in all of the group's operating segments

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.

Issued by Mortimer Harvey 1 day ago

SA pharma still attractive for foreign investors
SA pharma still attractive for foreign investors

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

Struan Robertson
Time management

At Meredith Harington, as a firm of professional accountants and auditors, we are well acquainted with the complexities of time management and understand the importance thereof in business.

By Struan Robertson, Issued by Meredith Harington 1 day ago

Entrepreneurial spirit is not yet leading to job creation
Entrepreneurial spirit is not yet leading to job creation

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

Prof. Ronald Wall
Boosting Joburg's standing within the global economic system

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.

By Professor Ronald Wall 3 days ago

Boris Dzhingarov
Why small businesses shouldn't ignore the trading of foreign currency

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.

By Boris Dzhingarov, Issued by Monetary Library 3 days ago

Mariamichelle via
Why travellers should take a second look at travel insurance

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

Brexit: Keep calm and carry on
Brexit: Keep calm and carry on

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.

By Nicci Botha 27 Jun 2016