The Eskom Pension and Provident Fund plans to expand into venture capital to reduce its dependence on traditional investments.
Browsing: Investment
A family trust linked to Naspers chairman Koos Bekker has offloaded the euro equivalent of R3.4-billion in Prosus, according to a regulatory filing.
Alibaba Group is planning to split into six units and explore fundraisings or listings for most of them.
Apple and Microsoft, already dominant in technology-stock indexes, are about to become even more so.
JSE-listed Reunert has reach an agreement to buy 74.2% of management and technology consulting firm IQbusiness.
S&P Global late on Wednesday downgraded its outlook on South Africa to “stable” from “positive”, citing infrastructure constraints and the severe power crisis.
Business sentiment declined to a two-year low in the first quarter as severe power outages and dilapidated logistics networks hobbled economic activity.
The rand dropped sharply overnight and hit its lowest level in almost three years early on Wednesday. Blame the Fed.
South Africa’s economy shrank more than expected in the fourth quarter, when Eskom intensified rolling blackouts.
The major shareholder in technology group Jasco Holdings has firmed up plans to buy out minority investors and take the business private.