Despite efforts to make Eskom profitable, including a process of unbundling its divisions into separate entities, “the core problem of debt” has yet to be addressed, Futuregrowth Asset Management has said.
South African payments company Yoco has raised about R1.2-billion from top investors in a series-C funding round as demand grows among small businesses for its digital payments tools.
South African Uber competitor Zebra Cabs has just secured R300m in funding from Futuregrowth Asset Management as the battle of the Internet hailing apps hots up. SA Taxi, which owns the Zebra Cabs owner-driver scheme, said on
As South African finance minister Pravin Gordhan tries to fend off a police investigation, his department is engaged in open conflict with key state-owned companies over their management and spending plans. Threatened court action by the national
Denmark’s Jyske Bank became the second money manager to say it won’t lend to Eskom after the nation’s biggest specialist fixed-income manager said it had stopped extending credit to state-owned companies amid
Long-troubled technology group Gijima looks set to delist from the JSE after chairman Robert Gumede’s Yebo Guma Investments made an offer on Tuesday evening to buy out the remaining minority shareholders. Guma has
No Picket Fence was established to connect experienced and would-be entrepreneurs to share information and expertise. The service creates a network of like-minded individuals and helps to develop SA’s entrepreneurial talent by providing them with insights from those who have already succeeded, or failed