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SA private equity firm seeks investment opportunities of up to R350 million

Private equity company Moshe Capital Fund Managers is actively seeking to invest R350-million into diverse companies with a solid presence in their sectors. The firm has secured a funding commitment from FNB Commercial and has entered...

Rand firmer as dollar falls on rate cut bets

The rand firmed early on Tuesday, boosted by a dollar slide to multi-month lows against other major currencies as investors looked to emerging markets in the wake of dovish turn by...

South African Consumer Firm Libstar Plans $124 Million IPO

Libstar Holdings Pty Ltd., the South African food and household products maker, plans to raise about 1.5 billion rand ($124 million) to repay debt and fund expansion by selling new shares...

Cipla acquires South Africa-based firm for R26m

Pharma major Cipla today said its arm Medpro South Africa (Pty) Limited has signed an agreement to acquire 100 per cent stake in Anmarate (Pty) Limited, South Africa, for around R26m. Anmarate (Pty) Limited has...

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Transport Month panel discussion tackles Cape Town’s congestion conundrum

The City’s Urban Mobility Directorate kicked off Transport Month with a panel discussion around Cape Town’s congestion conundrum at the Concourse in the Civic...

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