Latest News South Africa
Industry
08/02/2022 at 18h54, by Christelle Marot
Clifford Chance, Ondra France and EY advise Sibanye-Stillwater on Sandouville acquisition from Eramet
The South African mining group Sibanye-Stillwater has paid €85 million to acquire the Sandouville industrial...
Private Equity
26/01/2022 at 15h14, by Africa Business+
Vantage Capital: Luc Albinski’s team expects final round in June
The pioneer of mezzanine debt in Africa is seeking up to $350 million for his fourth vehicle.
Energy
25/01/2022 at 14h53, by Africa Business+
Why Kepco is withdrawing from South Africa
The termination of the Thabametsi coal-fired power plant project, announced in October 2020, is due...
Private Equity
21/01/2022 at 19h20, by Africa Business+
Tech: Andile Ngcaba’s Convergence Partners on track for final closing of CPDIF
The South African entrepreneur has attracted a German backer for an additional $20 million.
Agri-food industry
21/01/2022 at 19h15, by Africa Business+
New CEO Richard Rivett-Carnac charged with reviving South African Breweries (SAB)
The new CEO replaces Joao Dahne.
Mines
15/01/2022 at 10h04, by Africa Business+
Glencore Merafe Chrome Venture’s new PGM plant funded internally
Merafe Chrome Venture, a joint venture owned 20.5% by South African mining and exploration company Merafe...
Advisory
11/01/2022 at 17h17, by Africa Business+
ENSafrica and Webber Wentzel lead TymeBank’s $180 million round
The new South African bank has Patrice Motsepe’s African Rainbow Capital as one of its shareholders....
Mines
05/01/2022 at 18h07, by Africa Business+
Probable new legal action against Africa Rainbow Capital’s Kropz Elandsfontein phosphates mine
Kropz, owned by Africa Rainbow Capital (ARC), is ramping up its phosphate mine in the Western Cape province...
Bank
14/12/2021 at 09h32, by Africa Business+
Zweli Manyathi to develop corporate banking at African Bank
The South African bank appointed Zwelibanzi (Zweli) Manyathi as head of the new business unit.
Bank
13/12/2021 at 18h53, by Africa Business+
The South African fintech Jumo team explained
The company has just raised $120 million, attracting several major players such as Fidelity and Visa....
Health
09/12/2021 at 18h02, by Africa Business+
IFC backs RH Bophelo to raise $56 million in health
The World Bank Group’s International Finance Corporation has entered into a strategic partnership with...
New technologies
29/11/2021 at 17h52, by Africa Business+
Aura looking at Series B round for further expansion
The South African security platform has raised Series A funding from Multichoice but is already considering...
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