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Tags archive: South Africa

Home /Tag: South Africa
Aviation, Transport & Logistics

E-hailing firm Bolt gets US$23.8m capital injection from IFC for Africa, Eastern Europe expansion

March 5, 2021 0

SOUTH AFRICA – E- hailing service provider Bolt has received a US$23.8 million capital injection from the International Finance Corporation (IFC), to expand mobility solutions…

Aviation, Transport & Logistics

Brick maker Brikor acquires 40% stake in transportation services provider Zingaro Holdings

March 3, 2021 0

SOUTH AFRICA - Brick manufacturer and supplier Brikor has acquired a 40% shareholding in multi-product road transportation services provider Zingaro Holdings for US$3.4 million. Zingaro…

Hospitality, Tourism & Entertainment

Courtyard Hotel Rosebank Johannesburg reopens after refurbishment

March 3, 2021 0

SOUTH AFRICA - Courtyard Hotel Rosebank in Johannesburg has refurbished its rooms and reopened to accommodate its first group of guests since its temporary suspension…

LATEST NEWS

Energy regulator NERSA approves 40MW solar plant for mining operations in South Africa

March 3, 2021 0

SOUTH AFRICA - The National Energy Regulator of South Africa (Nersa) has approved the issuing of a generation licence to GFI Joint Venture Holdings and…

LATEST NEWS

Construction equipment manufacturer JCB appoints new dealer for South African market

March 2, 2021 0

SOUTH AFRICA – JCB, a manufacturer of construction, agriculture waste handling and demolitions, has appointed Bell Equipment Sales South Africa (BESSA) to be its distributor…

DealStreet Africa

ENGIE acquires 40% stake in 100MW Xina Solar One in South Africa

March 2, 2021 0

SOUTH AFRICA -  French multinational electric utility company ENGIE has reached an agreement to acquire from Abengoa a 40% equity stake in Xina Solar One,…

LATEST NEWS

Liquid Telecom raises US$840m in bond issue

February 26, 2021 0

SOUTH AFRICA – Africa’s leading data, voice and IP provider Liquid Telecom has raised US$840 million in a bond sale to refinance debt and further…

Financial Services

Fintech startup Stitch raises US$4m seed round for regional expansion

February 26, 2021 0

SOUTH AFRICA - Fintech startup Stitch has announced a US$4 million seed round with an impressive global investor line-up as it plans expansion into other…

Financial Services

FNB voted Africa’s most valuable bank brand for the second time

February 25, 2021 0

SOUTH AFRICA – First National Bank (FNB) of South Africa has retained its position as Africa’s Most Valuable Bank Brand for the second year in…

LATEST NEWS

Power utility Eskom set to be unbundled into three divisions

February 25, 2021 0

SOUTH AFRICA – The government of South Africa has announced plans to unbundle utility Eskom into three divisions; generation; transmission and distribution  by December 2022.…

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