Latest News South Africa
Agri-food industry
24/08/2020 at 07h21, by Valentin Grille
ENSafrica conducting the sale of Tiger Brands’ meat subsidiary
The South African food giant is negotiating a deal for its packaged meat subsidiary, which has depreciated...
Private Equity
29/06/2020 at 16h33, by Valentin Grille
ENSafrica advises Ethos and Ninety One on its €515m Covid-19 fund
The fund is expected to make its final closing in October, after an interim closing in July.
Agribusiness
25/06/2020 at 20h05, by Africa Business+
FMCG: Mondelez creates a business unit in Africa
The American multinational food company is also bulking up its senior management teams on the continent.
Private Equity
22/06/2020 at 18h34, by Aurelie Benoit
Former First Lady Zanele Mbeki’s WDB (Women’s Development Business) launches $170m fund
With a target of $170m, the South African organisation has big ambitions for its latest fund in support...
Construction & Infrastructure
18/06/2020 at 16h55, by Gaëlle Arenson
Metro Fibre Networx (Sanlam, African Rainbow Capital and STOA) carries out $72m capital increase
According to Jeune Afrique Business+, the investment bank Lazard is advising South Africa’s No. 3 fibre...
Air transport
22/05/2020 at 22h34, by Gaëlle Arenson
Redford Capital, in charge of the COMAIR rescue, will deliver its conclusions in early June
A year ago, the South African company was appointed “Chief Restructuring Officer” of Choppies, the Botswana...
Advisory
18/05/2020 at 16h35, by Africa Business+
Asafo & Co teams up with Lawtons Africa in South Africa and is already looking to expand elsewhere
The first 100% African law firm is making a big splash for its one-year anniversary by absorbing 70...
Construction & Infra
13/05/2020 at 14h33, by Aurelie Benoit
In the middle of dismantling, Group Five delists from the JSE
Once a flagship of South Africa’s construction sector, the South African company filed for bankruptcy...
Telecoms
12/05/2020 at 19h18, by Africa Business+
Ericsson: Todd Ashton leaves Asia to lead markets in eastern and southern Africa
After 22 years at the Scandinavian company, the director is taking up residence in Africa.
Private Equity
06/05/2020 at 18h24, by Aurelie Benoit
AIIM (Old Mutual) shifts its AIIF2 portfolio away from renewables
The pan-African investment fund manager, a subsidiary of Old Mutual, has sold stakes in two projects...
Large-scale distribution
23/04/2020 at 17h39, by Africa Business+
South African lockdown torpedoes Edcon’s restructuring efforts
The South African retailer, the leading clothing chain in southern Africa, is experiencing a sharp drop...
New technologies
17/04/2020 at 15h48, by Africa Business+
Jumia launches in South Africa with the help of Covid-19
The e-commerce group is taking advantage of its online shopping presence to offer delivery of basic...
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