News South Africa Investment funds: South African firm scoops equity assets worth $120 million
South African investment manager Sango Capital acquired equity assets valued at $120 million from a non-African investor that held interests in multiple African investment funds but is now exiting the ...
News South Africa Investment funds: South Africa’s Fund Managers Doubt Stocks-Bonds Mix
South African fund managers told Cape Town conferences that splitting money between stocks and bonds no longer shields savers in a volatile world.
News South Africa Investment funds: Absa launches grant-funded Youth Entrepreneurship Fund to back South Africa’s next generation of job creators
Absa has launched the Absa Youth Entrepreneurship Fund (Ayef) to support young South African entrepreneurs. This initiative, announced during the 50th anniversary of the 1976 Youth Uprising, provides grant funding and business support to help turn ideas into sustainable businesses, fostering job creation and economic growth.
News South Africa Investment funds: South Africa risks losing Africa’s startup race as policy failures scare capital
South Africa is at risk of losing its position as one of Africa's leading startup destinations unless the government urgently reforms policies ...
News South Africa Investment funds: OMPE Fund VI gains strategic backing from E Squared Investments
E Squared Investments has invested into Old Mutual Private Equity Fund VI, deepening its exposure to South Africa's real economy...
News South Africa Investment funds: How unit trust funds are classified in South Africa
Unit trust funds that are denominated in rands and whose management companies are based in South Africa are subject to the classification system introduced some years ago by the investment industry ...
News South Africa Investment funds: Google details investment plans for South Africa
“To date, 22 South African nonprofit organisations ... in funding to help spur their growth as part of a broader Africa Investment Fund plan launched last year. Another investment priority ...
News South Africa Investment funds: IFC Invests in Knife Capital Fund III to Support South Africa’s Digital Entrepreneurs
IFC’s $10 million investment in Knife Fund III will provide financial support to tech startups in high-growth sectors in South Africa with strong potential for expansion across Africa and ...