The RMB/BER Business Confidence Index declined for a fifth consecutive quarter in the second quarter of 2023.
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Rand Merchant Bank has acquired a 25% stake in Remgro-owned Ubiquity Energy, the holding company of Energy Exchange of Southern Africa.
TechCentral posed a few questions to Arun Varughese, head of RMB’s TMT advisory practice, about leadership and the future of technology.
The retail group has secured loans worth R3.5-billion from major banks to fund big investments in renewable energy and other environmental projects.
The latest bout of load shedding could end by Friday, but Eskom isn’t making any promises. Meanwhile, RMB CEO James Formby wants rules changed to promote investment in renewables.
Blue Label Telecoms said it is still locked in talks over a planned recapitalisation of the debt-laden mobile operator.
Cell C’s largest shareholder, Blue Label Telecoms, disclosed on Thursday that a term sheet to recapitalise the mobile operator has finally been signed after protracted negotiations.
Remgro said on Monday that it is participating in a the second tranche of a rights offer by CIVH, the parent of fibre telecommunications companies Vumatel and Dark Fibre Africa, aimed at reducing debt.
The rationale for introducing new players in the South African banking industry appear to be based, for the most part, on the wrong notions. By Rabelani Dagada.
Cell C is in advanced talks with Rand Merchant Bank and Investec to provide it with about R4-billion rand in fresh capital, according to people familiar with the matter.