MoneyMarketing

Industry News

10 May 2022

Eskom Pension and Provident Fund launches debt fund for SMEs and appoints Sanlam Investments as fund manager

The Eskom Pension and Provident Fund established the SME debt fund and committed R350 million to the investment pool while Sanlam made a co-investment of R50 million.
10 May 2022

Sanlam private equity successfully exits three investments

Sanlam Private Equity has successfully negotiated the sale of three private equity investments in the past 12 months, with expected sale proceeds totalling around R1.9 billion.
10 May 2022

Webber Wentzel: SA Mining Minister’s opening address to Mining Indaba disappointingly vague

Minister Gwede Mantashe’s speech at this year’s Mining Indaba omitted to address various pertinent issues on which investors have been seeking clarity and certainty
06 May 2022

MiWay launches innovative Professional Liability cover

Short-term insurer and financial services provider, MiWay, has launched a new product within its MiWay Business Insurance portfolio offering professional liability cover. The product is aimed at a wide range of professionals and breaks new ground in the direct insurance market.

06 May 2022

Citadel Global Weekly Wrap: Renewed supply concerns bolster oil prices

The US Fed surprises on markets’ hawkish expectations. BoE hikes rates for the 4th time. Turkish inflation hits 70%. European stocks rally and dollar briefly retreats from record levels.
06 May 2022

Money laundering risks on the rise in real estate sector

Property practitioners in South Africa have been identified as potentially vulnerable to money-laundering and terrorist financing activities. Property investment is typically a stable asset and because of this, it can attract criminals as well as reputable buyers.
06 May 2022

Momentum Wealth partners with FNZ to reshape the SA investment platform landscape

Momentum Wealth has partnered with global investment platform provider, FNZ, to invest and optimise platforms through technology innovation.
06 May 2022

War in Ukraine: How SMEs can cushion the blow

Business owners should keep their finger on the pulse regarding current affairs that can impact their businesses.

06 May 2022

Sunshine golf tour to offer prize money in Bitcoin

The top three golf professionals on the leaderboard at the end of the 2022 Sunshine Tour will receive substantial prizes in Bitcoin.
06 May 2022

Impact of fuel prices in South Africa

South Africa’s fuel prices increased again for diesel inland, between 88c/l and 94c/l for diesel at the coast, while the price of petrol decreased by 12 cents a litre on 4 May 2022.

Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za