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New blended finance vehicle Zafiri aims to power millions of people in Africa by 2030

Edward West|Published

Inspired Evolution has launched Zafiri, a $176 million blended capital vehicle aimed at expanding electricity access to 300 million people in sub-Saharan Africa by 2030. This initiative seeks to address energy financing gaps through investments in di…

Libstar Holdings reports flat trading revenue amid challenging consumer environment

Edward West|Published

Libstar Holdings reports flat trading revenue for the 21 weeks ending May 31, citing a constrained consumer environment and inflationary pressures affecting manufacturing ...

Lesaka Technologies extends Bank Zero acquisition deadline to January 2027

Edward West|Published

Lesaka Technologies has announced an extension of the acquisition deadline for Bank Zero to January 31, 2027, as it seeks to fulfil regulatory requirements. This ...

Christo Wiese's Brait announces R2.5 billion rights offer ahead of Virgin Active listing

Edward West|Published

Brait, led by Christo Wiese, plans a R2.5 billion rights offer to unlock shareholder value ahead of Virgin Active's listing, aiming to reduce debt and enhance business ...

Employment Services Bill 2026 set to modernise labour and migration rules

Dieketseng Maleke|Published

South Africa’s proposed Employment Services Amendment Bill, 2026 aims to strengthen labour and migration regulation by improving oversight of foreign employment ...

Sars narrows ‘honest mistake’ defence: what tax penalty changes mean for taxpayers

Willem Oberholzer|Published

South Africa’s 2026 amendment to the understatement penalty regime has significantly limited taxpayers’ ability to rely on the “bona fide inadvertent error” or “honest ...

SAPO's turnaround: From financial distress to stability and future growth

Edward West|Published

The South African Post Office has successfully concluded its business rescue process, significantly reducing creditor debt and stabilising its operations, paving ...

Stor-Age Property REIT reports 5.1% increase in distributable income per share

Edward West|Published

Stor-Age Property REIT has reported a 5.1% increase in distributable income per share for the year ending March, alongside a final dividend declaration. Despite ...

Zimbabwean businessman Wicknell Chivayo joins consortium behind Kenya airport upgrade

Ashley Lechman|Published

Zimbabwean businessman Wicknell Chivayo has secured a role in one of Africa's largest infrastructure projects after his company joined a consortium awarded the $2.9 ...

Tongaat Hulett avoids liquidation, but action is required from government on dumped imports

Edward West|Updated

The future of South Africa's sugar industry is secured for now as Tongaat Hulett's provisional liquidation application is withdrawn, protecting 250,000 jobs and ...

Tongaat Hulett withdraws liquidation application

Edward West|Published

Durban High Court permits Tongaat Hulett's Business Rescue Practitioners to withdraw the liquidation application, marking a pivotal moment for the sugar industry ...

Vukile Property Fund sees strong growth in 2026 and big ambitions in Italy

Edward West|Published

Vukile Property Fund reports impressive growth in assets and dividends for the year ending March 31, with strategic expansions into Italy and significant improvements ...

The importance of healthcare cover for young adults: don't gamble with your health

Martin Rimmer|Published

Discover why young and healthy individuals in South Africa should prioritise healthcare planning, understand the risks of being uninsured, and learn essential tips ...

Premier Group warns of potential 5 percent price rise on its food and personal care products

Edward West|Updated

Premier Group anticipates a 5% increase in food product prices due to rising costs, while reporting record profits and a significant acquisition. CEO Kobus Gertenbach ...

How AI can empower young people to manage their finances effectively

Gary Kayle|Published

Discover how young people are increasingly turning to AI for financial guidance and how this technology can help them build better money habits in a digital world. ...

Has the retirement industry underestimated inflation risk?

Hugh Hacking|Published

Explore how changing inflation dynamics challenge traditional retirement planning strategies and discover actionable insights for securing financial resilience in ...

World Bank and African Development Bank's Mission 300: Early milestone in electrification

Edward West|Updated

Mission 300, a joint initiative by the World Bank and African Development Bank, has successfully connected over 50 million people to electricity across sub-Saharan ...

The importance of financial literacy for South African youth

Thys van Zyl|Published

Explore the critical role of financial literacy in shaping the futures of young South Africans, as industry leaders highlight the need for education in budgeting, ...

Understanding financial risks: a guide for young South Africans

Staff Reporter|Published

Explore the financial challenges faced by young South Africans and learn how to make informed decisions to safeguard your future.

Youth Day Insights: the importance of financial literacy for South Africa's young consumers

Dieketseng Maleke|Published

On Youth Day, we explore the financial challenges faced by South Africa's youth, highlighting the importance of financial literacy and the role of registered financial ...