It may seem that investors in MTN Zakhele, MTN’s black economic empowerment scheme, are pricing in risk given the sell-off leading up to the scheme’s expiry in November. Over the past month, the share price of
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MTN Group and financial services provider MMI Holdings have announced they’re creating a new joint venture, branded aYo, to deliver micro insurance solutions across Africa. Insurance penetration is low
Although black economic empowerment share deals are often complicated in their structure and are at times priced at hefty discounts and have limited liquidity, it appears that investors who have stuck it out in some schemes are
MMI Holdings, the JSE-listed parent of Momentum and Metropolitan, has committed hundreds of millions of rand to investing in and nurturing the next-wave of health and financial technology
Cape Town-based 4Di Capital has announced the successful first closing of a new technology venture capital fund. The fund has raised R256m for investment in the sector. The major investor in the fund is Exponential Ventures, the