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        <title>Engineering News | Financial</title>
        <description><![CDATA[Latest news on  financial services and finance, focusing on the economic services provided by the finance industry.]]></description>
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            <title>Rainbow Chicken to report significant earnings increase on the back of stronger demand</title>
            <link>https://newsletter-en.creamermedia.com/article/rainbow-chicken-to-report-significant-earnings-increase-on-the-back-of-stronger-demand-2026-08-13</link>
            <description><![CDATA[JSE-listed poultry products company Rainbow Chicken expects its earnings per share (EPS) for its financial year ended June 28 to be between 122% and 142% higher year-on-year at between 141.87c and 154.68c, compared with the EPS of 64.04c reported for the prior financial year. Similarly, it expects headline earnings per share (HEPS) for the financial year to be 118% to 138% higher year-on-year at between 143c and 156.12c, compared with the HEPS of 65.57c in the prior financial year.]]></description>
            <author>Schalk Burger</author>
            <category>FINANCIAL RESULTS</category>
            <pubDate>Thu, 13 Aug 2026 10:12:00 +0200</pubDate>
        <a_id>727753</a_id>
        <updated>1786633519</updated>
        <published>1786608720</published>
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        <editor>Chanel de Bruyn</editor>
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            <title>South Africa's fuel stock policy will tie up more working capital, expose traders to currency ...</title>
            <link>https://newsletter-en.creamermedia.com/article/south-africas-fuel-stock-policy-will-tie-up-more-working-capital-expose-traders-to-currency-risks-verto-warns-2026-08-06</link>
            <description><![CDATA[South Africa's proposed shift from voluntary to mandatory strategic petroleum stockholding may strengthen protection against fuel supply shocks, but will require importers to finance more stock and risk trapping the working capital needed to keep trade moving, says cross-border financial technology firm Verto. The dual-obligation model detailed in the gazetted Draft Strategic Petroleum Stocks Policy requires State strategic stocks equivalent to 60 days of net imports that will be managed by the South African National Petroleum Company, and 21 days of mandatory stocks for licensed wholesalers and importers.]]></description>
            <author>Schalk Burger</author>
            <category>FUEL STOCK</category>
            <pubDate>Thu, 06 Aug 2026 15:58:00 +0200</pubDate>
        <a_id>727396</a_id>
        <updated>1786084537</updated>
        <published>1786024680</published>
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        <editor>Chanel de Bruyn</editor>
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            <title>Sappi expects fourth-quarter results to be materially above that of the third quarter – Binnie</title>
            <link>https://newsletter-en.creamermedia.com/article/sappi-expects-fourth-quarter-results-to-be-materially-above-that-of-the-third-quarter-binnie-2026-08-06</link>
            <description><![CDATA[JSE-listed woodfibre-based products company Sappi CEO Steve Binnie has said the company expects to post fourth-quarter results – for the three months to September 30 – that will be materially above that reported on August 6 for the third quarter to end June. During a conference call to present the company's results for the three months to June 30, he said that, despite challenging market conditions, the teams delivered disciplined cost-containment and encouraging sales performance.]]></description>
            <author>Schalk Burger</author>
            <category>FINANCIAL RESULTS</category>
            <pubDate>Thu, 06 Aug 2026 12:25:00 +0200</pubDate>
        <a_id>727343</a_id>
        <updated>1786019017</updated>
        <published>1786011900</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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        <image_title>Sappi CEO Steve Binnie</image_title>
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            <title>Procurement must create resilience and enable growth – Makhubu</title>
            <link>https://newsletter-en.creamermedia.com/article/procurement-must-create-resilience-and-enable-growth-makhubu-2026-08-04</link>
            <description><![CDATA[Procurement should not be measured by whether it secured the lowest price, but whether it creates resilience, enables growth and protects national competitiveness, South African Revenue Service (SARS) Commissioner Dr Johnstone Makhubu said. Procurement and supply chain professionals must become architects of economic growth, infrastructure delivery, investment confidence and national competitiveness, if Africa is to realise its enormous economic potential, he said at the Chartered Institute of Procurement and Supply (CIPS) Southern Africa conference, on August 4.]]></description>
            <author>Schalk Burger</author>
            <category>PROCUREMENT</category>
            <pubDate>Tue, 04 Aug 2026 16:26:00 +0200</pubDate>
        <a_id>727155</a_id>
        <updated>1785907912</updated>
        <published>1785853560</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
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        <image_title>SARS Commissioner Dr Johnstone Makhubu</image_title>
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            <title>DBSA, US DFC reach $786m financial close on Lobito Corridor railway project</title>
            <link>https://newsletter-en.creamermedia.com/article/dbsa-us-dfc-reach-786m-financial-close-on-lobito-corridor-railway-project-2026-08-04</link>
            <description><![CDATA[Development financial institutions the Development Bank of Southern Africa (DBSA) and the US International Development Finance Corporation (DFC) have reached financial close on $786-million in funding for the Lobito Corridor railway project. The project is a joint venture between infrastructure construction group Mota-Engil and metals logistics company Trafigura.]]></description>
            <author>Schalk Burger</author>
            <category>LOGISTICS CORRIDOR</category>
            <pubDate>Tue, 04 Aug 2026 16:19:00 +0200</pubDate>
        <a_id>727153</a_id>
        <updated>1785937276</updated>
        <published>1785853140</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
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        <image_title>A rail yard on the Lobito Corridor railway project</image_title>
        <image_width>511</image_width>
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            <title>Datatec subsidiary Logicalis USA establishes New Mexico presence through acquisition</title>
            <link>https://newsletter-en.creamermedia.com/article/datatec-subsidiary-logicalis-usa-establishes-new-mexico-presence-through-acquisition-2026-08-03</link>
            <description><![CDATA[JSE-listed information and communications technology company Datatec's subsidiary Logicalis USA has acquired 100% of the share capital of New Mexico-based technology solutions provider Loial. The acquisition establishes a permanent Logicalis USA location in New Mexico and expands the company’s Southwest team.]]></description>
            <author>Schalk Burger</author>
            <category>MERGERS &amp; ACQUISITIONS</category>
            <pubDate>Mon, 03 Aug 2026 16:31:00 +0200</pubDate>
        <a_id>727046</a_id>
        <updated>1785770060</updated>
        <published>1785767460</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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            <title>Absa PMI declines in July, but domestic demand and new sales orders improve</title>
            <link>https://newsletter-en.creamermedia.com/article/absa-pmi-declines-in-july-but-domestic-demand-and-new-sales-orders-improve-2026-08-03</link>
            <description><![CDATA[Financial services firm Absa’s Purchasing Managers’ Index (PMI) declined to 46.8 in July, from 47.3 points in the prior month. While this reading suggests a weak start to the third quarter, the headline decline arguably overstates the weakness in underlying manufacturing conditions, as domestic demand improved and lifted new sales orders, Absa comments.]]></description>
            <author>Schalk Burger</author>
            <category>PURCHASING MANAGERS</category>
            <pubDate>Mon, 03 Aug 2026 11:37:00 +0200</pubDate>
        <a_id>726999</a_id>
        <updated>1785750627</updated>
        <published>1785749820</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
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            <title>Comments on draft Crypto Assets Manual for cross-border activities to complement regulations</title>
            <link>https://newsletter-en.creamermedia.com/article/comments-on-draft-crypto-assets-manual-for-cross-border-activities-to-complement-regulations-2026-08-03</link>
            <description><![CDATA[The National Treasury and the South African Reserve Bank (SARB) have published the draft Crypto Assets Manual for cross-border activities for comment. The institutions had published the draft Capital Flow Management Regulations 2026 for public comment on April 17.]]></description>
            <author>Schalk Burger</author>
            <category>CROSS-BORDER CRYPTO</category>
            <pubDate>Mon, 03 Aug 2026 10:24:00 +0200</pubDate>
        <a_id>726983</a_id>
        <updated>1785747124</updated>
        <published>1785745440</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
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            <title>Intra-Africa trade  brings with it  currency risks</title>
            <link>https://newsletter-en.creamermedia.com/article/intra-africa-trade-brings-with-it-currency-risks-2026-07-31</link>
            <description><![CDATA[Africa’s evolving trade corridors are creating new financial uncertainties for business, and as trade routes shift and intra-African commerce grows, businesses are confronting new currency risks, says business-to-business (B2B) financial technology firm Verto. Further, global trade is entering a new era of uncertainty, from shifting tariff regimes and geopolitical fragmentation to supply chain diversification and changing trade alliances, and businesses around the world are increasingly forced to rethink where and how they trade.]]></description>
            <author>Halima Frost</author>
            <category>Financial</category>
            <pubDate>Fri, 31 Jul 2026 00:00:00 +0200</pubDate>
        <a_id>725760</a_id>
        <updated>1785221327</updated>
        <published>1785448800</published>
        <expires>99999999999</expires>
        <editor>Nadine James</editor>
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        <image_title>BORDER CONCERNS
Cross-border transactions often involve multiple currencies, differing banking systems, and varying levels of liquidity and foreign exchange infrastructure</image_title>
        <image_width>511</image_width>
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        </item>
        <item>
            <title>Private equity  can facilitate  exponential growth</title>
            <link>https://newsletter-en.creamermedia.com/article/private-equity-can-facilitate-exponential-growth-2026-07-31</link>
            <description><![CDATA[As a value-adding private-equity partner Agile Capital leverages its commercial expertise to transform businesses. Its financial services offering has enabled companies to scale exponentially – more than doubling their workforce and expanding localised, provincial footprints into successful cross-border operations.]]></description>
            <author>Halima Frost</author>
            <category>Financial</category>
            <pubDate>Fri, 31 Jul 2026 00:00:00 +0200</pubDate>
        <a_id>725762</a_id>
        <updated>1785221328</updated>
        <published>1785448800</published>
        <expires>99999999999</expires>
        <editor>Nadine James</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001285667_resized_financialserviceslizkolobepartneragilecapital07261022.jpeg</image_url>
        <image_title>LIZ KOLOBE 
Private equity can help develop smaller family and owner-managed businesses</image_title>
        <image_width>511</image_width>
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        </item>
        <item>
            <title>Digital incentive payouts becoming increasingly relevant</title>
            <link>https://newsletter-en.creamermedia.com/article/digital-incentive-payouts-becoming-the-preferred-method-2026-07-31</link>
            <description><![CDATA[Digital incentive payout systems are becoming an increasingly important and viable component of modern workforce management and are no longer regarded as merely an alternative to tradition systems, says digital payment solutions provider Lesaka Payouts head Amelia Williams. Lesaka Payouts, a recent addition to the broader Lesaka Technologies group, disburses incentives instantly to workers through physical cards and digital wallets in manufacturing and industrial sectors in South Africa.]]></description>
            <author>Halima Frost</author>
            <category>Financial</category>
            <pubDate>Fri, 31 Jul 2026 00:00:00 +0200</pubDate>
        <a_id>725752</a_id>
        <updated>1785830114</updated>
        <published>1785448800</published>
        <expires>99999999999</expires>
        <editor>Nadine James</editor>
        <has_video>0</has_video>
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        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001285643_resized_financialserviceslesakapayoutsimage07261022.jpeg</image_url>
        <image_title>INSTANT GRATIFICATION 
The digital incentive payout system developed by Lesaka Payouts allows  businesses to recognise exceptional performance immediately</image_title>
        <image_width>511</image_width>
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        <item>
            <title>Franchising is helping to formalise informal economies, but support needed – Standard Bank</title>
            <link>https://newsletter-en.creamermedia.com/article/franchising-is-helping-to-formalise-informal-economies-but-support-needed-standard-bank-2026-07-28</link>
            <description><![CDATA[Franchising plays a role in formalising informal economies, enabling job creation and unlocking access to capital for entrepreneurs and represents a significant opportunity to unlock inclusive growth across Africa through collaboration and innovation. By fostering entrepreneurship, enabling access to capital and enabling scalable business models, the sector is well positioned to contribute meaningfully to the continent’s long-term economic development, says Standard Bank South Africa Business and Commercial Banking head of franchising Andre Beck.]]></description>
            <author>Schalk Burger</author>
            <category>FRANCHISING</category>
            <pubDate>Tue, 28 Jul 2026 16:12:00 +0200</pubDate>
        <a_id>726681</a_id>
        <updated>1785251436</updated>
        <published>1785247920</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
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        <image_title>Standard Bank Enterprise Banking for Africa Regions and Offshore executive head Joret Olivier</image_title>
        <image_width>511</image_width>
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        <item>
            <title>Tribunal approves buyout of Balwin Properties</title>
            <link>https://newsletter-en.creamermedia.com/article/tribunal-approves-buyout-of-balwin-properties-2026-07-28</link>
            <description><![CDATA[The Competition Tribunal has unconditionally approved the acquisition of JSE-listed residential property company Balwin Properties by the Government Employees Pension Fund (GEPF), represented by the State-owned Public Investment Corporation (PIC), and Volker Holdings that have formed a bidco. Following the implementation of the merger, Balwin will be under the control of the bidco.]]></description>
            <author>Schalk Burger</author>
            <category>MERGERS AND ACQUISITIONS</category>
            <pubDate>Tue, 28 Jul 2026 14:52:00 +0200</pubDate>
        <a_id>726661</a_id>
        <updated>1785247489</updated>
        <published>1785243120</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
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        <item>
            <title>Zoho launches point-of-sales solution designed for South African businesses</title>
            <link>https://newsletter-en.creamermedia.com/article/zoho-launches-point-of-sales-devices-designed-for-south-african-businesses-2026-07-28</link>
            <description><![CDATA[Business technology company Zoho has launched a South African edition of its point-of-sales (POS) solution that enables local retailers to manage billing, inventory, purchases, payments, customer relations and loyalty programmes. The card-present, in-person payment collection tool was one of the elements Zoho was missing in South Africa and is a core tool of most businesses to enable them to collect payments easily and quickly, said Zoho South Africa regional head Andrew Bourne on July 27.]]></description>
            <author>Schalk Burger</author>
            <category>BUSINESS TECHNOLOGY</category>
            <pubDate>Tue, 28 Jul 2026 06:00:00 +0200</pubDate>
        <a_id>726567</a_id>
        <updated>1785231782</updated>
        <published>1785211200</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
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        <image_title>Zoho South Africa regional head Andrew Bourne</image_title>
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        <item>
            <title>RMB opens Beijing advisory office</title>
            <link>https://newsletter-en.creamermedia.com/article/rmb-opens-beijing-advisory-office-2026-07-24</link>
            <description><![CDATA[Corporate and investment bank Rand Merchant Bank (RMB) has established Rand Merchant Advisory Company, in Beijing, China, as part of its Asia-Africa corridor strategy, which positions it closer to Chinese corporates and capital flows at a time when bilateral trade between China and Africa has reached an all-time high of more than $350-billion. The office will strengthen RMB’s on-the-ground advisory presence, and enable more direct engagement with Chinese multinationals involved in large-scale projects across Africa.]]></description>
            <author>Schalk Burger</author>
            <category>FINANCIAL SERVICES</category>
            <pubDate>Fri, 24 Jul 2026 16:43:00 +0200</pubDate>
        <a_id>726463</a_id>
        <updated>1784904779</updated>
        <published>1784904180</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
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            <title>South Africa's venture capital ecosystem is maturing, study shows</title>
            <link>https://newsletter-en.creamermedia.com/article/south-africas-venture-capital-ecosystem-is-maturing-study-shows-2026-07-24</link>
            <description><![CDATA[Successful exits of companies from venture capital funds in South Africa delivered more than twice the capital invested and show that the country’s venture capital ecosystem is moving to a more mature investment market that can attract greater institutional capital, say South African venture capital organisations. The 'South African Venture Capital: Exit & Performance Analysis' report shows that realised cash returns substantially exceeded invested capital, with capital-weighted realised returns ranging from 2.01-times to 2.45-times invested capital.]]></description>
            <author>Schalk Burger</author>
            <category>VENTURE CAPITAL</category>
            <pubDate>Fri, 24 Jul 2026 11:28:00 +0200</pubDate>
        <a_id>726422</a_id>
        <updated>1784887718</updated>
        <published>1784885280</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001287779_resized_alisoncollier1022.jpg</image_url>
        <image_title>Endeavor South Africa MD Alison Collier</image_title>
        <image_width>511</image_width>
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        </item>
        <item>
            <title>RMB and Indlu launch R1bn finance programme, with R915m pipeline identified</title>
            <link>https://newsletter-en.creamermedia.com/article/rmb-and-indlu-launch-r1bn-finance-programme-with-r915-000-pipeline-identified-2026-07-22</link>
            <description><![CDATA[Corporate and investment bank Rand Merchant Bank (RMB) and property financial technology company Indlu have launched a R1-billion blended finance programme to formalise and scale South Africa’s burgeoning affordable rental market. The programme aims to bridge the national housing gap – currently estimated at 2.3-million units – by providing sustainable, affordable credit to micro-developers who have historically been excluded from traditional banking sectors due to a perceived lack of formal collateral.]]></description>
            <author>Schalk Burger</author>
            <category>RESIDENTIAL PROPERTY</category>
            <pubDate>Wed, 22 Jul 2026 10:15:00 +0200</pubDate>
        <a_id>726188</a_id>
        <updated>1784713852</updated>
        <published>1784708100</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001286909_resized_indluexampleofunit1jul261022.jpg</image_url>
        <image_title>An example of an Indlu unit</image_title>
        <image_width>511</image_width>
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        <item>
            <title>Pepkor to combine Flash with Shop2Shop, eyes future listing for new fintech unit</title>
            <link>https://newsletter-en.creamermedia.com/article/pepkor-to-combine-flash-with-shop2shop-eyes-future-listing-for-new-fintech-unit-2026-07-22</link>
            <description><![CDATA[South African retailer Pepkor Holdings said on Wednesday it will combine its fintech subsidiary Flash with payments platform Shop2Shop in a deal valuing the merged business at around R21.3-billion. The transaction will give Pepkor a controlling 57.1% stake in the combined business, FintechCo, through a R1.57-billion cash subscription for new Shop2Shop shares and by contributing its entire shareholding in Flash, valued at R10.6-billion, the clothing retailer said in a statement.]]></description>
            <author>  Reuters</author>
            <category>FINTECH</category>
            <pubDate>Wed, 22 Jul 2026 09:12:00 +0200</pubDate>
        <a_id>726170</a_id>
        <updated>1784711352</updated>
        <published>1784704320</published>
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        <editor>  Reuters</editor>
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        <image_title></image_title>
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            <title>Treasury confirms signing of govt’s $1.5bn development policy loan with World Bank </title>
            <link>https://newsletter-en.creamermedia.com/article/treasury-confirms-signing-of-govts-15bn-development-policy-loan-with-world-bank-2026-07-21</link>
            <description><![CDATA[The South African government and the World Bank have signed a $1.5-billion Development Policy Loan Agreement aimed at supporting the country’s efforts to achieve inclusive growth by tackling infrastructure constraints, identified as the primary barrier to job creation. This serves as the fourth development policy loan and continued partnership with the World Bank, aimed at addressing South Africa’s economic challenges of low growth and high unemployment, National Treasury notes in a statement.]]></description>
            <author>Tasneem Bulbulia</author>
            <category>FINANCE AND INFRASTRUCTURE</category>
            <pubDate>Tue, 21 Jul 2026 12:31:00 +0200</pubDate>
        <a_id>726120</a_id>
        <updated>1784642739</updated>
        <published>1784629860</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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        <image_title>The loan is expected to assist South Africa with implementing the necessary interventions aimed at advancing reforms in the electricity, freight and logistics sectors, and addressing challenges in the water and sanitation sector </image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>World Bank facility extended to support water, sanitation sector reforms in South Africa</title>
            <link>https://newsletter-en.creamermedia.com/article/world-bank-facility-extended-to-support-water-sanitation-sector-reforms-in-south-africa-2026-07-20</link>
            <description><![CDATA[The new $1.5-billion loan from International Bank for Reconstruction and Development (IBRD) to South Africa, the fourth stand-alone Development Policy Loan to the country since 2022, aims to support reforms in the country’s water and sanitation sectors, alongside supporting continued reforms in electricity and freight transport. Water and sanitation reforms are not expected to directly create large numbers of jobs, as major users such as agriculture and mining already rely on alternative sources, but they are projected to bring concrete improvements for millions of households, including less time spent collecting water, lower health risks and better access for the poorest female-headed households, global finance institution the World Bank Group says.]]></description>
            <author>Schalk Burger</author>
            <category>WATER AND SANITATION</category>
            <pubDate>Mon, 20 Jul 2026 14:46:00 +0200</pubDate>
        <a_id>726041</a_id>
        <updated>1784556606</updated>
        <published>1784551560</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
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        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>South Africa's financial resilience built up by fiscal reforms; broader reforms must continue ...</title>
            <link>https://newsletter-en.creamermedia.com/article/south-africas-financial-resilience-built-up-by-fiscal-reforms-broader-reforms-must-continue-blsa-2026-07-20</link>
            <description><![CDATA[The resilience shown by the South African economy since re-escalation of the US-Israel and Iran war, with the rand holding up better than it has during past global shocks, is a direct result of a deliberate build-up of policy credibility, says business organisation Business Leadership South Africa (BLSA) CEO Busisiwe Mavuso. This build-up includes a lower inflation target, a primary budget surplus that has been widening since 2023/24 after 15 years of deficits and a planned fiscal trajectory that will see government debt peak at 78.9% of GDP this year before falling towards 75% by the end of the decade, she points out in her latest weekly newsletter.]]></description>
            <author>Schalk Burger</author>
            <category>FINANCIAL REFORM</category>
            <pubDate>Mon, 20 Jul 2026 11:25:00 +0200</pubDate>
        <a_id>726009</a_id>
        <updated>1784556654</updated>
        <published>1784539500</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
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        <image_title>BLSA CEO Busisiwe Mavuso</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Nedbank CIB underwrites mining credit facility for the Geita gold mine</title>
            <link>https://newsletter-en.creamermedia.com/article/nedbank-cib-underwrites-mining-credit-facility-for-the-geita-gold-mine-2026-07-14</link>
            <description><![CDATA[Nedbank Corporate and Investment Banking (Nedbank CIB) has structured and underwritten a $500-million credit facility for gold major AngloGold Ashanti's Geita gold mine, in Tanzania. In a media release, Nedbank explains that it is one of the largest facilities of its kind that the bank has underwritten to date in the mining sector. Nedbank CIB provided a fully underwritten solution, giving AngloGold Ashanti funding certainty ahead of a planned debt syndication process.]]></description>
            <author>Sabrina Jardim</author>
            <category>FINANCE</category>
            <pubDate>Tue, 14 Jul 2026 09:28:00 +0200</pubDate>
        <a_id>725585</a_id>
        <updated>1784019132</updated>
        <published>1784014080</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001285136_resized_anglogoldgeitaminetanzania1022.jpg</image_url>
        <image_title>Processing plant at AngloGold's Geita operation in Tanzania</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>New study links financial services employees' workplace tech experience to organisational ...</title>
            <link>https://newsletter-en.creamermedia.com/article/new-study-links-workplace-tech-to-employee-satisfaction-2026-07-10</link>
            <description><![CDATA[Altron Digital Business (ADB) has published a first-of-its-kind benchmark study to determine how employees experience technology across financial services industry (FSI) institutions in South Africa. The Employee Technology Experience Index found a correlation between the technology experiences of employees and workforce outcomes such as employee productivity, job satisfaction, retention, employee net promoter score and, ultimately, customer experience and organisational performance.]]></description>
            <author>Natasha Odendaal</author>
            <category>TECHNOLOGY</category>
            <pubDate>Fri, 10 Jul 2026 10:07:00 +0200</pubDate>
        <a_id>725427</a_id>
        <updated>1783678703</updated>
        <published>1783670820</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
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        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001284637_resized_untitledjuly102026at101038.jpeg</image_url>
        <image_title>ADB MD Craig Stewart</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Swedfund invests $5m more into TLG II impact fund to support SMEs</title>
            <link>https://newsletter-en.creamermedia.com/article/swedfund-invests-5m-more-into-tlg-ii-impact-fund-to-support-smes-2026-07-07</link>
            <description><![CDATA[Sweden development finance institution Swedfund is investing an additional $5-million in TLG Africa Growth Impact Fund II (TLG II) to further support the preservation and creation of decent jobs in small and medium-sized enterprises (SMEs) that otherwise struggle to access financing. SMEs play an important role in job creation and local economic growth across Africa, but often struggle to access loans that meet their needs. Many are viable and have the potential to grow, but need financing on terms that are sustainable with their expected growth.]]></description>
            <author>Schalk Burger</author>
            <category>SME FINANCES</category>
            <pubDate>Tue, 07 Jul 2026 14:30:00 +0200</pubDate>
        <a_id>725155</a_id>
        <updated>1783428578</updated>
        <published>1783427400</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
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        <item>
            <title>Hulamin appoints interim chairperson</title>
            <link>https://newsletter-en.creamermedia.com/article/hulamin-appoints-interim-chairperson-2026-07-07</link>
            <description><![CDATA[JSE-listed aluminium products company Hulamin has appointed Linda Yanta as interim chairperson, with effect from July 6. This follows the board's decision that Paul Baloyi cease to hold office as chairperson. He will, however, continue to serve as an independent nonexecutive director, the company says.]]></description>
            <author>Schalk Burger</author>
            <category>CORPORATE GOVERNANCE</category>
            <pubDate>Tue, 07 Jul 2026 10:52:00 +0200</pubDate>
        <a_id>725122</a_id>
        <updated>1783416119</updated>
        <published>1783414320</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
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        <item>
            <title>Africa attracted investment in 2025; the challenge is turning it into broader industrial ...</title>
            <link>https://newsletter-en.creamermedia.com/article/africa-attracted-investment-in-2025-challenge-is-turning-it-into-broader-industrial-development-unctad-2026-07-07</link>
            <description><![CDATA[Foreign direct investment (FDI) inflows to Africa reached about $70-billion in 2025, which was below the exceptional $94-billion recorded in 2024, but was the third-highest number since 1990 and remained one-third above the long-term average. However, the bigger story is that investors continue to position themselves in sectors that are becoming increasingly important to the global economy, UN Trade and Development (Unctad) highlights in its 'World Investment Report 2026'.]]></description>
            <author>Schalk Burger</author>
            <category>TRADE INVESTMENTS</category>
            <pubDate>Tue, 07 Jul 2026 10:30:00 +0200</pubDate>
        <a_id>725067</a_id>
        <updated>1783414320</updated>
        <published>1783413000</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001283691_resized_businessinafricaglobemap10201910226.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Africa's blockchain venture capital almost halved in 2025, while share of global deals rises</title>
            <link>https://newsletter-en.creamermedia.com/article/africas-blockchain-venture-capital-almost-halved-in-2025-while-share-of-global-deals-rises-2026-07-07</link>
            <description><![CDATA[Global blockchain venture capital rose by 28.8% in 2025 to $15.4-billion, while deal activity fell by almost a third, which indicates that investors were writing larger cheques, but doing so more selectively. Africa, meanwhile, recorded a 26.6% decrease in funding, but deal activity dropped by only two transactions year-on-year, the latest 'Africa Blockchain Report', published by Swiss venture capital firm CV VC and sponsored by financial services firm Absa, shows.]]></description>
            <author>Schalk Burger</author>
            <category>AFRICA BLOCKCHAIN</category>
            <pubDate>Tue, 07 Jul 2026 10:06:00 +0200</pubDate>
        <a_id>725112</a_id>
        <updated>1783414010</updated>
        <published>1783411560</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
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        <item>
            <title>Lobito Corridor railway project achieves $753m financial close</title>
            <link>https://newsletter-en.creamermedia.com/article/lobito-corridor-railway-project-achieves-753m-financial-close-2026-07-03</link>
            <description><![CDATA[Cross-border transport infrastructure project the Lobito Corridor railway project, in Angola, has achieved a successful financial close of $753-million, says infrastructure financing fund the Africa Finance Corporation (AFC). The transaction, which follows key financing agreements signed late last year, marks a major milestone for regional integration and economic transformation in Africa.]]></description>
            <author>Schalk Burger</author>
            <category>RAIL FINANCING</category>
            <pubDate>Fri, 03 Jul 2026 15:26:00 +0200</pubDate>
        <a_id>725000</a_id>
        <updated>1783087487</updated>
        <published>1783085160</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001283313_resized_railinfrastructure022023102212.jpg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Outcomes-based bonds  a powerful tool</title>
            <link>https://newsletter-en.creamermedia.com/article/outcomes-based-bonds-powerful-tool-for-solving-the-water-crisis-2026-07-03</link>
            <description><![CDATA[The compounding pressures of accelerating urbanisation, decaying legacy systems, climate change and chronic underinvestment in public infrastructure over decades mean that both the public and private sectors must urgently mobilise towards solutions, says law firm Webber Wentzel partner Khurshid Fazel. “Across the African continent, water infrastructure is under increasing strain,” she stresses.]]></description>
            <author>Halima Frost</author>
            <category>Financial</category>
            <pubDate>Fri, 03 Jul 2026 00:00:00 +0200</pubDate>
        <a_id>723764</a_id>
        <updated>1783326550</updated>
        <published>1783029600</published>
        <expires>99999999999</expires>
        <editor>Nadine James</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
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        <image_title>KHURSHID FAZEL
Webber Wentzel recently advised African banking giant FirstRand Bank on the structuring and issuance of South Africa's first outcomes-based water bond</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>PPC Zimbabwe vacant land disposal period lapses without payment</title>
            <link>https://newsletter-en.creamermedia.com/article/ppc-zimbabwe-vacant-land-disposal-period-lapses-without-payment-2026-07-01</link>
            <description><![CDATA[JSE-listed cement and construction materials company PPC has advised its shareholders that it had not received the $30-million payment for the disposal of the Arlington Property, held by subsidiary PPC Zimbabwe, from the proposed buyer Transvaal Africa by June 30, and that the disposal agreement has therefore lapsed. The Arlington Property remains a noncore asset and any other purchase offers PPC Zimbabwe may receive will be considered on their merits, the company says.]]></description>
            <author>Schalk Burger</author>
            <category>DISPOSALS</category>
            <pubDate>Wed, 01 Jul 2026 14:26:00 +0200</pubDate>
        <a_id>724781</a_id>
        <updated>1782910106</updated>
        <published>1782908760</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
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        <item>
            <title>Domestic, foreign travellers must now declare cash of more than R100 000 – FIC</title>
            <link>https://newsletter-en.creamermedia.com/article/domestic-foreign-travellers-must-now-declare-cash-of-more-than-r100-000-fic-2026-07-01</link>
            <description><![CDATA[Domestic and foreign travellers must now declare cash in their possession above the threshold of R100 000 when crossing the country’s land and seaports, says national financial intelligence unit the Financial Intelligence Centre (FIC). From July 1, travellers crossing any of the country’s air, land or sea borders and who have in their possession cash, goods, currency and/or bearer negotiable instruments above the threshold of R100 000 will be required to declare this through the Customs and Excise traveller management system.]]></description>
            <author>Schalk Burger</author>
            <category>FINANCIAL INTELLIGENCE</category>
            <pubDate>Wed, 01 Jul 2026 12:47:00 +0200</pubDate>
        <a_id>724763</a_id>
        <updated>1782908496</updated>
        <published>1782902820</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
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        <item>
            <title>Absa PMI declines to 47.3 points in June, but price pressures may have peaked</title>
            <link>https://newsletter-en.creamermedia.com/article/absa-pmi-declines-to-473-points-in-june-but-price-pressures-may-have-peaked-2026-07-01</link>
            <description><![CDATA[Financial services firm Absa’s Purchasing Managers’ Index (PMI) declined from 50.8 in May to 47.3 index points in June. The sharp decline in the PMI’s purchasing price index by 13.5 points to 71.3 in June suggests that April and May may have marked the peak of price pressures, particularly given the fuel price reductions that came into effect on July 1, the bank says.]]></description>
            <author>Schalk Burger</author>
            <category>PURCHASING MANAGERS</category>
            <pubDate>Wed, 01 Jul 2026 11:36:00 +0200</pubDate>
        <a_id>724745</a_id>
        <updated>1782900964</updated>
        <published>1782898560</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
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        <item>
            <title>Fortress to raise R1.35bn in bookbuild</title>
            <link>https://newsletter-en.creamermedia.com/article/fortress-to-raise-r135bn-in-bookbuild-2026-07-01</link>
            <description><![CDATA[JSE-listed real estate investment trust Fortress Real Estate Investments has placed 55.67-million B ordinary shares at R24.25 a share as a bookbuild placement following strong institutional demand. The shares represent about 4.5% of the company’s total B ordinary shares in issue and will raise gross proceeds of about R1.35-billion, it says.]]></description>
            <author>Schalk Burger</author>
            <category>REAL ESTATE</category>
            <pubDate>Wed, 01 Jul 2026 10:15:00 +0200</pubDate>
        <a_id>724722</a_id>
        <updated>1782896806</updated>
        <published>1782893700</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
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            <title>SepHold grows full-year revenue, net profit</title>
            <link>https://newsletter-en.creamermedia.com/article/sephold-grows-full-year-revenue-net-profit-2026-06-30</link>
            <description><![CDATA[JSE-listed building and construction materials company Sephaku Holdings (SepHold) reported that group consolidated revenue for the financial year ended March 31 increased to R1.29-billion, up from R1.18-billion in the prior financial year. Net profit increased to R93-million, from R74-million in the prior financial year.]]></description>
            <author>Schalk Burger</author>
            <category>FINANCIAL RESULTS</category>
            <pubDate>Tue, 30 Jun 2026 16:00:00 +0200</pubDate>
        <a_id>724678</a_id>
        <updated>1782831147</updated>
        <published>1782828000</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
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            <title>Project readiness is main constraint, not capital, in South Africa's infrastructure opportunities</title>
            <link>https://newsletter-en.creamermedia.com/article/project-readiness-is-main-constraint-not-capital-in-south-africas-infrastructure-opportunities-2026-06-30</link>
            <description><![CDATA[Infrastructure projects are indeed attracting private-sector capital, but the main challenge for South Africa is developing a robust pipeline of bankable projects that provide investors with the certainty required to deploy long-term capital at scale. Infrastructure and energy-related funds attracted 71% of capital raised by private equity funds in 2025, says industry organisation Southern African Venture Capital and Private Equity Association (Savca).]]></description>
            <author>Schalk Burger</author>
            <category>INFRASTRUCTURE INVESTMENT</category>
            <pubDate>Tue, 30 Jun 2026 15:46:00 +0200</pubDate>
        <a_id>724673</a_id>
        <updated>1782828855</updated>
        <published>1782827160</published>
        <expires>99999999999</expires>
        <editor>Marleny Arnoldi</editor>
        <has_video>0</has_video>
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            <title>South Africa's economic recovery entering uncertain phase amid growing pressure</title>
            <link>https://newsletter-en.creamermedia.com/article/south-africas-economic-recovery-entering-uncertain-phase-amid-growing-pressure-2026-06-30</link>
            <description><![CDATA[South Africa’s economy remains on a recovery path, but rising global pressures and cost dynamics are slowing momentum and reshaping the outlook for the months ahead, says professional services firm PwC South Africa in its 'South Africa Economic Outlook – Mid-2026 review'. South Africa’s economic recovery is holding, but it is becoming increasingly uneven and fragile. While domestic conditions have improved, the economy is now facing renewed pressure from rising costs and global uncertainty, says PwC South Africa chief economist and Africa sustainability leader Lullu Krugel.]]></description>
            <author>Schalk Burger</author>
            <category>ECONOMIC OUTLOOK</category>
            <pubDate>Tue, 30 Jun 2026 12:51:00 +0200</pubDate>
        <a_id>724651</a_id>
        <updated>1782823981</updated>
        <published>1782816660</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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            <title>Mastercard opens Africa Cybersecurity Centre of Excellence</title>
            <link>https://newsletter-en.creamermedia.com/article/mastercard-opens-africa-cybersecurity-centre-of-excellence-2026-06-30</link>
            <description><![CDATA[Payments processing multinational Mastercard has launched its Africa Cybersecurity Centre of Excellence – a pan-African initiative designed to strengthen cyber-resilience, enhance collaboration and help safeguard the trust that underpins Africa's expanding digital economy. The centre extends Mastercard’s expertise and network, which brings global competence and intelligence to one of the world's fastest-growing digital economies, it says.]]></description>
            <author>Schalk Burger</author>
            <category>CYBERSECURITY</category>
            <pubDate>Tue, 30 Jun 2026 11:26:00 +0200</pubDate>
        <a_id>724637</a_id>
        <updated>1782812930</updated>
        <published>1782811560</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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            <title>PIC conducts oversight visit to South African hydrogen technology company </title>
            <link>https://newsletter-en.creamermedia.com/article/pic-conducts-oversight-visit-to-south-african-hydrogen-company-2026-06-26</link>
            <description><![CDATA[The Public Investment Corporation (PIC) chairperson Dr David Masondo on June 24 visited HyPlat, a Cape Town-based subsidiary of emerging South African hydrogen technology company Bambili Energy. The PIC is a shareholder in Bambili Energy and the visit formed part of an ongoing oversight programme showcasing how pension capital is being deployed to support South Africa’s long-term economic development.]]></description>
            <author>Tasneem Bulbulia</author>
            <category>HYDROGEN AND FINANCE</category>
            <pubDate>Fri, 26 Jun 2026 14:11:00 +0200</pubDate>
        <a_id>724459</a_id>
        <updated>1782479150</updated>
        <published>1782475860</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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        <image_title>PIC oversight visit </image_title>
        <image_width>511</image_width>
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            <title>Stage Zero forms solar, backup power funding platform with FirstRand securitisation</title>
            <link>https://newsletter-en.creamermedia.com/article/stage-zero-forms-solar-backup-power-funding-platform-with-firstrand-securitisation-2026-06-25</link>
            <description><![CDATA[Renewable energy company Stage Zero has concluded a securitisation transaction with FirstRand Bank to create a funding platform to support the continued rollout of its managed solar and backup systems for South African homes and businesses. The transaction allows Stage Zero to use the predictable revenue profile of its customer contracts to unlock institutional funding for further deployment, instead of relying solely on traditional project-by-project financing.]]></description>
            <author>Schalk Burger</author>
            <category>SOLAR FINANCING</category>
            <pubDate>Thu, 25 Jun 2026 16:46:00 +0200</pubDate>
        <a_id>724370</a_id>
        <updated>1782400513</updated>
        <published>1782398760</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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