Latest Articles
22 January 2019
Absa joins forces with Societe Generale
The partnership will enable both banks to boost client coverage in Africa.
22 January 2019
AFIG acquires 29.9 percent in Nigerian insurance company
The value of the deal was not disclosed.
22 January 2019
Aveng to sell non-core assets
It agrees to sell Aveng Water and Aveng Namibia Water for R95 million.
22 January 2019
Naspers' video entertainment business IPO set for February
Multichoice will list on the main board of the JSE on February 27.
18 January 2019
Shareholders vote in favour of Verimark delisting
The company expects to be delisted from the JSE in February 19, 2019.
18 January 2019
Top deals making headlines this week
In focus this week: Bharti Airtel, Ascendis Health, Helios Towers, Group Five and more.
17 January 2019
Group Five to sell manufacturing subsidiaries for R480 million
As the construction firm restructures its operations and fights for survival.
17 January 2019
South Africa's Competition Tribunal approves Agile Capital's merger with Provest Group
The merger has been approved without conditions by the competition authority.
17 January 2019
India's Byju's acquires US-based Osmo
The deal is worth $120 million (R1.6 billion).
15 January 2019
Private equity outlook for 2019
The year 2019 will provide its fair share of challenges.
15 January 2019
Helios Towers enters South African market through Vulatel partnership
Helios expects the South African market to lead on 5G rollout in Sub-Saharan Africa.
14 January 2019
Ascendis Health gets buyout offer on Remedica business unit
Remedica is Ascendis' biggest offshore business.
14 January 2019
Bharti Airtel said to be in talks to buy Telkom Kenya
The deal is expected to be completed by the end of this quarter.
14 January 2019
Why Verdant Capital's Edmund Higenbottam is bullish about Kenya
Kenya's diversified economy makes it resilient to shocks in the face of tough economic conditions.
14 January 2019
MC Mining completes purchase of Makhado coal project
The deal is worth R70 million.
11 January 2019
South Africa's Life Healthcare to dispose its investment in India's Max Healthcare
The investment equates to R3.9?billion at hedged exchange rates before costs and taxes.
11 January 2019
Kenya's Commercial Bank of Africa set to buy Jamii Bora Bank
The R190 million- worth deal is set to expand the Kenyatta family's business empire.
10 January 2019
Dealmakers brace for M&A uplift in 2019
It will be a year of uncertainty but not entirely doom and gloom.
09 January 2019
Azimut enters Egyptian asset management industry through Rasmala Egypt acquisition
The deal is considered as the most important in the Egyptian capital market.
09 January 2019
Adapt IT to acquire Wisenet Group
The deal will expand its exposure in Australia.
08 January 2019
AfricInvest, Catalyst Principal Partners acquires stake in Prime Bank
The deal is touted to be worth $50 million.
08 January 2019
Ascendis Health sells pharmaceutical manufacturing facility to Mylan
The deal is worth R30 million.
08 January 2019
Dealmaking activity in the global healthcare sector to rebound in 2019, says Baker McKenzie
Mergers and acquisitions will increase by seven percent in 2019 compared with 2018's drop.
21 December 2018
AB InBev partners with Tilray Beverage for marijuana beverages
Decisions regarding the commercialisation of the beverages will be made in the future.
21 December 2018
Actis, Abraaj merger approved by competition authorities
Abraaj, which was once the Middle East's largest private equity firm, filed for liquidation.
21 December 2018
Lenders extend waivers to struggling Edcon
As South Africa's owner of department stores fights off liquidation.
21 December 2018
Mergers and acquisitions 2018: An incredibly tough year
There were dealmaking celebrations and disappointments over scuppered deals.
19 December 2018
AngloGold Ashanti mulls London listing and South Africa exit
It's unlikely to happen before 2020, according to a Bloomberg report.
19 December 2018
Transaction Capital enters distressed debt joint venture in Europe
The company said the European distressed debt market is attractive and large.
19 December 2018
Hosken to expand its exposure in South Africa's bus industry
It plans to purchase shares in Sibanye Bus Services and Table Bay Area Rapid Transport.
18 December 2018
Actis closes finance deal for Kenya's Kipeto Wind power
The private equity firm snaps an 88 percent in Kenya's second largest wind farm.
18 December 2018
Nigeria's Access Bank to buy Diamond Bank
The deal is said to create Nigeria's largest retail bank by customers.
18 December 2018
Naspers plans to list shares on stock exchange newcomer A2X
The technology giant will still retain its primary listing on South Africa's JSE.
14 December 2018
Aspen enters distribution deal with US generics maker Mylan
It will distribute a portfolio of prescription and over-the-counter drugs in Australia and New Zealand.
14 December 2018
Private Property appoints new CEO
Amasi Mwela's appointment is effective January 2, 2019.
14 December 2018
Top deals and corporate moves making headlines this week
In focus this week: Group Five, Experian, Anglo American Platinum, Liquid Telecom and more.
13 December 2018
Liquid Telecom receives $180 million investment from CDC Group
The investment is set to expand Liquid Telecom's broadband connectivity across the African continent.
13 December 2018
EY South Africa partners with black-owned auditing firm Motlanalo
The partnership will allow Motlanalo to gain audit experience in the private sector.
13 December 2018
Group Five considers buyout offers
The construction company has appointed corporate advisors to weigh up the offers.
12 December 2018
UK-listed Experian agrees to buy South African credit bureau
In a deal worth R3.7 billion.
12 December 2018
Amplats sells remaining stake in the Bafokeng Rasimone Platinum Mine
The buyer of the mine is Royal Bafokeng Resources in a deal worth R2.2 billion.
12 December 2018
Group Five appoints new CFO
The troubled construction company appoints Anthony Clacher to replace Cristina Freitas Teixeira.
12 December 2018
Navigating Africa's complex but rewarding investment landscape
Webber Wentzel's Senior Partner Christo Els shares his tips.
10 December 2018
Jubilee acquires more chrome processing capacity
The company acquires a chrome processing plant for £8.6 million (R154 million).
10 December 2018
Kibo secures power projects in the UK
The company acquires three peaking power sites totalling 31.3 MW from a prospective developer.
07 December 2018
Land Bank executive appointed as the Industrial Development Corporation CEO
Tshokolo Nchocho replaces long-time serving CEO Geoffrey Qhena.
07 December 2018
Top deals and corporate moves making headlines this week
In focus this week: Telkom, Growthpoint Properties, Industrial Development Corporation, Standard Bank, BDO and more.
06 December 2018
Growthpoint Properties invests R908 million in Australia
The deal will grow its reach in Australia's fast-growing real estate market.
06 December 2018
Steinhoff marks one-year accounting scandal anniversary with delayed probe
It also delays the publication of its restated financial statements.
06 December 2018
Telkom said to make bid for Cell C
The deal could create a substantial mobile services entity.
05 December 2018
A poor work culture can thwart mergers and acquisitions
Research by Mercer suggests that dealmakers must put culture at the centre of business transformation.
05 December 2018
Deal comment: M&A in South Africa's taxi industry
Futuregrowth's Luzuko Nomjana shares his views.
05 December 2018
Naked, an AI insurance start-up, gets a R30 million investment
The company plans to grow its team and expand its operations.
03 December 2018
Struggling DAWN mulls buyout bid
The company receives a buyout offer that would take it private.
03 December 2018
Rebosis Property Fund sells six properties to black-owned property developers
The deal is valued up to R2.2 billion.
03 December 2018
Standard Bank appoints first black woman CEO for its wealth division
The bank appoints the highly-experienced Peggy-Sue Khumalo.
03 December 2018
Grant Thornton, BDO South Africa merger completed
It will create the largest mid-tier accounting firm in South Africa.
03 December 2018
Cash-flush Naspers on the hunt for deals
The company has a cash pile of $10 billion (R136 billion).
30 November 2018
Top deals and corporate moves making headlines this week
In focus this week: MTN Rwanda, KPMG South Africa, PSG Konsult, Rio Tinto and more.
29 November 2018
MTN Rwanda secures loan for network expansion
It has ambitions of maintaining its leading telecommunications status in Rwanda.
29 November 2018
Intu Properties suffers second takeover failure in 2018
A group of investors walk away from acquiring the property company.
28 November 2018
Why Mauritius lures investments to the continent
Mauritius provides a secure, stable and well-regulated jurisdiction.
28 November 2018
KPMG South Africa appoints new CEO
Ignatius Sehoole, the deputy chief executive of PwC's domestic unit, will be at the helm.
28 November 2018
Kibo Mining completes sale of nickel project in Tanzania
The sale is part of its ambitions of being a power player in Africa.
27 November 2018
PSG gets green light to purchase Absa's short-term insurance brokerage business
The deal will be effective from December 1, 2018.
27 November 2018
Tawana shareholders approve merger with Alliance Mineral Assets
The deal is expected to be concluded as early as December 4, 2018.
27 November 2018
Exxaro agrees to sell remaining 24 percent stake in Tronox
The deal ends its exposure to the mineral sands industry.
26 November 2018
Rio Tinto sells Namibia uranium mine to China
The deal is valued up to $106.5 million.
26 November 2018
South Africa is not the only gateway into Africa, says Cliffe Dekker Hofmeyr's Deepa Vallabh.
Foreign investors wanting a foothold into Africa are considering Kenya and Botswana as landing spots.
23 November 2018
Tritech Media expands into the US
Through its software business Colony.
23 November 2018
Standard Bank's Ben Kruger retires after 33 years
He will continue to serve as a non-executive director on Standard Bank's various units.
23 November 2018
Top deals and corporate moves making headlines this week
In focus this week: Capitec, Barloworld, Sibanye-Stillwater and Lonmin, Transaction Capital, Nodus Equity and New Seasons Investment Holdings, and more.
22 November 2018
Capitec to buy Mercantile Bank for R3.2 billion
It beats Nedbank, Grindrod Bank and a consortium in its bid for the bank.
22 November 2018
Dr Dan Matjila offers to resign from Africa's largest money manager
But proposes that he leaves the Public Investment Corporation in April 2019.
22 November 2018
Transnet leads $2 billion Nigerian railway deal from General Electric
As part of its plans to expand across sub-Saharan Africa.
22 November 2018
PSG founder Jannie Mouton steps down
He has been diagnosed with an early form of dementia.
22 November 2018
Competition authority approves Lonmin, Sibanye deal
It orders a six-month hold on job cuts post-merger.
21 November 2018
Another boost for black-owned private equity firms
New Seasons Investment Fund, a new black-owned firm, enters the private equity sector.
20 November 2018
Barloworld unveils new B-BBEE deal
The deal will increase Barloworld's black ownership to 48 percent.
20 November 2018
Steinhoff appoints new CEO
Steinhoff's acting CEO Danie van der Merwe will be replaced by Louis du Preez.
19 November 2018
Cash stockpiling a sign of uncertain times
"There is a lot of capital waiting to do something," said Bravura's Rob Bergman.
16 November 2018
Top deals making headlines this week
In focus this week: SABC, MultiChoice, Discovery, Vodacom, PSG Konsult, Tsogo Sun and more.
15 November 2018
Seacom acquires 100 percent of FibreCo
The deal enables the delivery of high-speed internet connectivity.
15 November 2018
PwC endorses Ramaphosa's multibillion-rand investment drive
The drive is set to unlock 165 000 jobs and add R338 billion to GDP.
15 November 2018
Levi Strauss reportedly embarking on IPO
A successful IPO would value the company at $5 billion.
15 November 2018
Vodacom Group bags 26 percent stake in Vodacom Tanzania
The deal was approved by shareholders.
14 November 2018
Lion of Africa halts its operations with immediate effect
It cites lack of profitability and a tough economic climate.
14 November 2018
Nigeria's telecoms regulator approves 9mobile takeover by Teleology
Ends a year-long bidding process for 9mobile.
13 November 2018
PSG Konsult gets the green light for Mauritius listing
The company will increase its international presence.
13 November 2018
Vodacom eyes entry into Ethiopia
In a move to diversify its earnings base.
13 November 2018
Business rescue or liquidation - when to choose which
Faith Ngwenya, the spokesperson of the South African Institute of Professional Accountants, shares some insights.
13 November 2018
Tsogo Sun calls off R23 billion deal with Hospitality Property Fund
The deal didn't receive shareholder support.
13 November 2018
A consortium makes buyout offer for Torre Industries
A successful buyout means that Torre will delist from the JSE.
12 November 2018
SAVCA reveals industry award winners
The awards recognise companies that have thrived from private equity and venture capital investment.
12 November 2018
Medu Capital's Nhlanganiso Mkwanazi is upbeat about South Africa's investment prospects
"We plan for the worst and hope for the best."
09 November 2018
Saudi Arabia makes $1 billion partnership bid with Denel
Saudi Arabia is said to be targeting Denel's 49 percent stake in Rheinmetall Denel Munition.
09 November 2018
Discovery bookbuild to raise R1.8 billion
To fund its separation from banking group FirstRand.
09 November 2018
Top deals and corporate moves making headlines this week
In focus this week: African Rainbow Capital, ArcelorMittal South Africa, Ethos Capital, Ford and more
08 November 2018
Ford Motor acquires electric scooter sharing company
The company did not disclose the financial terms of the deal.
08 November 2018
AVI and Standard Bank list shares on A2X
Both companies will still retain their primary listings on the JSE.
08 November 2018
Tesla appoints new chair to replace Elon Musk
The company has appointed Robyn Denholm.
08 November 2018
Telkom and Vodacom conclude roaming agreement
Telkom replaces MTN and switches over to Vodacom.
08 November 2018
'Quick and efficient deals' are in vogue, says ansarada's Arie Maree
How companies can be deal-ready when an opportunity arises.
08 November 2018
BHP Billiton wins two exploration licenses in Canada
BHP Billiton's aggregate bid amount of R8.7 billion covers the drilling and seismic work.
07 November 2018
Aliko Dangote targets London IPO for Dangote Cement in late 2019
The billionaire entrepreneur is waiting for Nigerian elections to be concluded.
07 November 2018
'If a deal isn't right, you must be brave enough to walk away'
Omnia's Wayne Koonin (pictured) shares his tips on maximising M&A opportunities.
07 November 2018
Ethos launches R1 billion South African AI fund
The fund targets R1 billion worth of investments.
07 November 2018
Oil price recovery might boost M&A activity in Africa's oil and gas industry
A PwC report finds that M&A transactions are still few and far between.
06 November 2018
Séché Environnement to buy Interwaste
If the deal successful, Séché Environnement will take Interwaste private.
05 November 2018
Master Drilling joins forces with Italian tunneling firm
In a bid to diversify its footprint and services.
05 November 2018
ArcelorMittal South Africa completes sale of Macsteel
The deal is valued at R3.2 billion.
05 November 2018
Adapt IT to acquire mobile specialist Conor Solutions
The deal is valued at R80 million.
05 November 2018
Deal Comment: Bravura's Soria Hay on the Sanlam BEE deal
The deal can galvanise economic growth and broad-based participation, says Soria (pictured).
05 November 2018
More executive leadership changes at Absa
The bank appoints Charles Russon as chief executive for corporate and investment bank.
02 November 2018
ARC gets approval for TymeDigital acquisition
Marking its exposure to the digital banking industry.
02 November 2018
Top deals making headlines this week
In focus this week: Vodacom, Alibaba, IBM, Sanlam, Development Partners International, Anglo American, and more.
01 November 2018
Anglo American Platinum completes acquisition of Glencore's assets
The world's largest platinum miner owns the Mototolo joint venture from November 1.
01 November 2018
Quilter's CFO to step down in March
Tim Tookey would be replaced by Mark Satchel.
01 November 2018
Montauk eyes US Nasdaq primary listing
The renewable energy group will have a secondary inward listing on the JSE.
01 November 2018
BHP Billiton to return $10.4 billion to shareholders
After it faced criticism from activists to improve returns to shareholders.
