TUHF: Crowding-in Capital Market to tackles SA’s challenges through ESG and Impact Investing
By Sqiniseko Mbatha, Financial and Development Impact Analyst, TUHF21 Even as South Africans dare to start returning to “life as […]
investment
Rally to Read – Let’s get Concrete Invested in the wealth of our nation’s young minds
According to Statistics South Africa, over three million South Africans remain illiterate. In KwaZulu-Natal alone, a little over 650 000 (25%) people have been grouped in this category. Stats SA defines literacy as “the ability to read and write in at least one language”.
OVER R20 BILLION INVESTMENT AWAITS WITH RELEASE OF MORE PROPERTIES FOR DEVELOPMENT
On Monday, 1 April 2019, the City of Joburg, through the Joburg Property Company (JPC), released the prospectus of yet […]
Investment pledges will add about R338bn to South Africa’s economic growth – PwC
The proposed investment pledges announced during the Presidential Investment Summit in October could add about R338-billion to South Africa’s gross […]
Investment Conference bags R290 billion for SA
The inaugural South Africa Investment Conference has secured nearly R290 billion worth of investment announcements for the country. “This R290 […]
KZN MEC unveils 25 planned projects to attract R200bn investment
KwaZulu-Natal Economic Development, Tourism and Environmental Affairs MEC Sihle Zikalala on Friday unveiled his portfolio of investment opportunities, which will result in R200-billion being pumped into the […]
AfDB Launches first Africa-to-Africa Investment Report
Opportunities for investment in Africa outweigh the obstacles, according to a report by leading African companies covered in the African […]
China to invest in US $209m Gabon hydro power project
Chinese energy firm Tebian Electrical Apparatus (TBEA) is set to invest in a $209m hydro power project in Gabon alongside the […]
Over R1.3bn investments recorded for Western Cape in Q1 – Wesgro
The Western Cape‘s investment promotion agency Wesgro said on Friday it had facilitated over R1.3-billion in investments in the first quarter,
Mercedes-Benz to invest R10bn in East London plant expansion
Automotive manufacturer Mercedes-Benz Cars will invest €600-million, or about R10-billion, to expand its South African subsidiary Mercedes-Benz South Africa’s (MBSA’s) manufacturing plant, in East London, […]
Bruce Whitfield on business in SA
“If one invested just R1000 in 1967, it would be worth R7.5 million today”. This, says Bruce Whitfield, is the […]
South Africa prioritising business confidence and investor interest
The South African government has prioritised the enhancement of business confidence and investor interest in order to create an enabling environment for business to thrive. Deputy […]
Patel to reopen Cape Town Iron and Steel Works plant
Economic Development Minister Ebrahim Patel will on Wednesday officially reopen the Cape Town Iron and Steel Works plant (Cisco), in […]
Dangote outlines $20bn planned investments in Nigeria
Africa’s richest man and Nigerian business magnate, Aliko Dangote has outlined a five-year investment plan that that will spur industrial […]
AfDB officially launches Africa Investment Forum
The African Development Bank (AfDB) on Tuesday launched its Africa Investment Forum (AIF), which will seek to attract investment and public–private partnerships aimed […]
Gauteng to streamline project approval process to boost investment
The Gauteng provincial government is working at streamlining the process of assessing the environmental impact of projects in order to speed up the approval process […]
Africa: the case for investment
There can be little doubt for anyone observing South Africa’s economy over the past few years that the times have been torrid indeed.
‘Massive’ infrastructure spending needed in Africa, says report
Economic growth in Africa picked up steam last year and is set to accelerate strongly in 2018, but “massive investments” […]
House reviews US$41M Dangote Cement investment agreement
Members of the House of Representatives are reviewing an Investment Incentive Agreement between the Government of Liberia and Dangote Cement […]
US signs $524.7m investment compact with Côte d’Ivoire
The Millennium Challenge Corporation, the US government’s main development fund, said on Tuesday it had signed a $524.7-million investment compact with Côte […]
Superior homes announces Kes30Bn investment
Superior Homes Kenya PLC (SHK), the developer of Greenpark Estate, has announced a Sh30 billion investment to put up a […]
PPC Zimbabwe here to stay: MD
PPC Zimbabwe, has invested over $120 million in different projects in Zimbabwe since 2009 and is looking forward to do […]
Cement self-sufficiency: BUA’s $1b investment to the rescue
Nigeria’s road to self–sufficiency in cement has been long and tortuous. But her chances of achieving the target may have […]
City of Cape Town’s support brings investment worth R2.67bn, creates 6 236 jobs
The City of Cape Town, via its enterprise and investment department under the directorate of the mayor, has facilitated R2.67-billion worth of investment which has resulted in 6 236 direct jobs created for the people of Cape Town in the past financial year (July 2016 – June 2017), the city said on Sunday.
Vukile raises R900m after heavily oversubscribed placement
JSE-listed Vukile Property Fund has raised R900-million after closing a same-day, heavily oversubscribed bookbuild, initially aimed at raising R500-million. Seeing […]
Clean energy’s global investment share 43% in 2016
The share of clean-energy spending rose to a record 43% of total energy-related investment in 2016, the International Energy Agency’s (IEA’s) yearly World Energy Investment report […]
Investment in correct infrastructure is key to economic growth
“Think big but act small in the early stages,” said Arup director Damane Hlalele at the Captains of Construction and […]
S Africa’s attractiveness to investors dependent on economic recovery
South Africa’s attractiveness to foreign investors in the future will depend a great deal on how it recovers from its […]
Johannesburg needs clear infrastructure delivery plan to attract investment
To examine challenges posed by, and find possible solutions to, Africa’s urban infrastructure deficit as a result of rapid urban growth, international law firm Pinsent Masons has launched […]
How China dwarfs all others in investing in Africa
The number of African projects financed by Chinese money doubled between 2015 and 2016, and China became the single largest […]
Gemgrow declares maiden dividend
Real estate investment trust Gemgrow Properties declared a dividend of 24.85c per A share and 18.15c per B share in its maiden […]
Higher education dept to invest R6.9bn in infrastructure in 2017/18
The Department of Higher Education and Training (DHET) will invest R6.9-billion on major new infrastructure developments at local universities and technical and vocational education and training (TVET) colleges in […]
Private investment key to Gauteng infrastructure development
If Gauteng wants to achieve its objective of becoming a global city region, government must partner with the private sector to deliver infrastructure, […]
Cape Town Mayor to open the 24th FIDICGAMA 2017 Conference
Cape Town Mayor Councillor Patricia De Lille will deliver the keynote address at the FIDICGAMA 2017 Conference to be held […]
Gigaba says return to investment grade rating possible
South Africa can regain its investment-grade rating without compromising on promises to transform the economy for the benefit of its black […]
South Africa ranked fourth most attractive investment destination in Africa
South Africa has been ranked as the fourth most attractive economy for investments flowing into Africa. This is according to the latest Africa Investment […]
Africa50 appoints CEO
The Pan-African infrastructure investment platform Africa50, which is funded by the African Development Bank (AfDB), has appointed Kenyan-born Carole Wamuyu Wainaina as CEO. She will lead […]
Cape Town scores R16bn of investments for central city
Approximately R16.232bn of investment has,conservatively, been committed to the Cape Town Central City since 2012 and up to 2019. This […]
Caesarstone as an Investment in Your Property
“From our experience, updating your kitchen and bathroom can help to sell your house faster and potentially add thousands of […]
Attacq welcomes BMW’s R400m investment in Waterfall distribution facility
JSE-listed Attacq has welcomed BMW Group South Africa’s (BMW SA’s) decision to invest in the construction of a 32 000-m2regional distribution facility at the Waterfall Distribution Campus, in Midrand, Gauteng.
Chinese firms make “biggest investment in Kenya” with $800m Nairobi property scheme
Chinese investors have taken a near 40% stake in a major retail, leisure and residential development just launched in Nairobi, Kenya.
Cameroon inks deal to construct US$1.5b hydropower project
The Republic of Cameroon, emerging markets energy developer Joule Africa and Energy of Cameroon (ENEO) have signed an agreement to develop the US$1.5 bn […]
Tanzania says it may draw US$9.2 Billion in cement investment
Three companies plan to invest as much as 20 trillion shillings ($9.2 billion) in Tanzanian cement production in projects that […]
Fitch holds SA’s investment-grade rating, but cuts outlook to negative
Ratings agency Fitch affirmed South Africa‘s investment-grade credit rating at one notch above ‘junk’ on Friday but changed its outlook to negative from stable, warning that political risks could hurt growth.
Infrastructure investment remains a priority
In line with the National Development Plan, investment in infrastructure remains a policy priority with public-sector infrastructure investment plans totalling R987.4 billion over the medium term.
General Electric to invest US$150m in Nigeria
US industrial firm General Electric plans to invest around US$150-million in Nigeria by 2017, a senior executive said on Monday.
‘Africa is not risky for infrastructure investment’ – Lopes
Stressing that Africa is not risky for investment in transboundary infrastructure, ECA’s Executive Secretary, Carlos Lopes, said on Monday in […]
ZAMREAL Summit to Promote Zambian Property Investment
Zambia is one of the most accessible and investor-friendly countries in which to conduct real estate business in Sub-Saharan Africa. Despite […]
Massive R40bn investment into Limpopo SEZ
A consortium of Chinese investors, led by Hong Kong Mining Exchange (Hoi Mor), will be investing over R40 billion ($2.8 […]
Investment by Chinese companies in Africa on the rise
According to Engineering News, despite talk that the Chinese economy was in trouble and that China’s investment in Africa had […]
To regain FDI ranking, South Africa must ‘rebuild trust’ with investors
South Africa’s absence – for the second year running – from the top 25 countries listed in AT Kearney’s annual […]
Ford invests R11.5m in new community, jobs training centre
US car maker Ford on Tuesday announced that it would invest R11.5-million in the construction and operation of a new […]
South African executives delaying investment decisions – Grant Thornton
Nearly two-thirds of South African business executives are delaying their investment decisions, while almost half are considering investing offshore, owing to […]
PIC to invest R70bn in SA’s development
The Public Investment Corporation (PIC) will put R70 billion towards developmental investments in the next few years to drive economic […]
Dti incentives lead to R57bn investments
Trade and Industry Minister Rob Davies says government’s incentives have helped to leverage R57 billion in investments over the past year.
Eni to invest €20bn euros in Africa in next four years
Italy’s Eni plans to invest about €20-billion ($22.5-billion) in Africa over the next four years, mostly in oil and gas, […]
New Development Bank approves first loans
The New Development Bank (NDB) has approved its first set of loans worth US $811 million, which will go towards […]
Patrice Motsepe launches new investment firm
Billionaire Patrice Motsepe, along with two former Sanlam veterans, have officially launched a new money management firm called African Rainbow Capital (ARC).
Kenya’s ARM Cement in talks over proposed investment
Kenya’s ARM Cement Limited, one of the largest cement manufactures in East Africa, has announced that it is in advanced […]
Africa viable option for investment in power infrastructure
Expanding Africa’s power and electricity infrastructure remains a viable prospect for investors and businesses, with numerous investment opportunities available owing […]
SA attracts R6.4bn in FDI
South Africa attracted R64.3 billion in Foreign Direct Investment (FDI) in the first three quarters of the current financial year, […]
Govt sets aside billions for new port facilities
President Jacob Zuma says R7 billion has been committed to new port facilities. This follows the adoption of a Public- Private-Partnership model
Japan to increase investment in SA
Mineral Resources Minister Mosebenzi Zwane has welcomed a commitment by the Japanese government to increase its investment in South Africa, […]
Germans warn of investment retreat following signing of investment Bill
South Africa’s Promotion and Protection of Investment Bill, signed into law by President Jacob Zuma in December, is likely to […]
South African delegation inundated by eager energy investors
South African Energy Minister Tina Joemat-Pettersson on Friday told a briefing at the World Economic Forum in Davos, Switzerland that […]
South Africa still a viable investment proposition, says Gordhan
As a delegation of South African Cabinet Ministers and business representatives prepares for the World Economic Forum’s (WEF’s) yearly meeting,
Investments, concessions cluster expected to boost Group Five’s interim showing
A weaker-than-expected performance by construction major Group Five’s engineering and construction division has been offset by an improved performance by […]
Infrastructure investment is fundamental to industrialisation
After delivering his annual address to the National Council of Provinces (NCOP) on Thursday, President Jacob Zuma said government and all sectors have
Investment in green buildings is economically viable- GBCSA
Green buildings outperform their conventional counterparts by almost 30%; the IPD South Africa Annual Green Property Indicators 2014 report shows The […]
Announcement: Marley Building Systems acquires Lafarge SA Gypsum
Marley Building Systems is pleased to announce the acquisition of the South African Gypsum business of Lafarge. This acquisition is […]
Four reasons to invest in the African construction industry
African equity exchange-traded funds have soared over the past year, as the resource-rich continent is growing fast, with low debt […]
Spain includes South Africa as ‘priority’ trade market
The South African market has been included as one of Spain’s 16 “priority markets” as the European country intensifies its […]
Great investment opportunities in Mozambique
The discovery of an estimated 23 billion tons of coal in Mozambique has attracted foreign investors and also presents a […]
PIC increases investment in PPC
The Public Investment Corporation (PIC) had increased its investment in PPC to 15.165%, the South African cement producer yesterday. The […]
Transport, energy projects contribute to 46% rise in Africa construction investment
Investment in African megaprojects increased by 46% to $326-billion in 2014, mainly as a result of higher investment in transport, […]
Investors keep an eye on the big picture in Africa
Concerns about the Ebola crisis and plunging commodity prices would have had investors fleeing Africa not that long ago.But dealmaking […]
Anglo American leads South Africa in Corporate Social Investment
Anglo American has recently been ranked as South Africa’s leading company in Corporate Social Investment (CSI) by Trialogue, for the […]
Tanzania offers ‘unlimited business opportunities’
There are unlimited investment opportunities for South African businesses in Tanzania, says Louis Accaro, director of membership services at the […]
New Kenya-Egypt Business Forum promotes bilateral trade and investment
At the Kenya-Egypt Business Forum, sponsored by Qalaa Holdings (owner of ASEC Cement), it was announced that the two countries […]
PIC to invest billions in Africa
The Public Investment Corporation (PIC) is to sink $1-billion into African investments and equities, according to Finance Minister Nhlanhla Nene. […]
West African heads meet with Dubai reps for investment
Eight heads of states from the West African Economic and Monetary Union (UEMOA) and the head of West African Development […]
SA pushes trade, investment in DRC
Twenty-five companies are on their way to the Democratic Republic of Congo (DRC) in search of investment and export opportunities. The Department […]
Dubai fund invests in Nigeria’s Dangote Cement
Sovereign fund Investment Corp of Dubai (ICD) has bought a 1.4% stake in Dangote Cement, Nigeria’s biggest company by market […]
All eyes on the PIC’s big push into Africa
The nondescript building housing the South African Public Investment Corporation (PIC) in a business park in Pretoria gives little indication […]
Retail investments expected to deliver good results in 2014
Retail property was expected to deliver better results to investors this year, while the office sector would continue to experience […]
