Vantage Capital exits Vumatel

Vantage Capital, Africa’s largest mezzanine debt fund manager, has fully exited its investment in Vumatel, the largest fibre-to-the-home network provider in South Africa. The company was established in October 2014 by Niel Schoeman and Johan Pretorius, industry...

New MD for Canon SA

Canon South Africa has announced the appointment of its new MD, David Preston, in 2020. Preston, who has risen through the ranks over the years, from his first position as a direct salesman in 1988 to sales manager leading one of the first teams in the UK selling...

JSE announces relief measures for market participants

The Johannesburg Stock Exchange (JSE) will provide relief measures to market participants to counter the impact of the Covid-19 pandemic on their businesses and to ensure business continuity. The relief measures will be offered to businesses that are affected by the...

Covid-19 and downgrades: director’s duties unpacked

During grappling with a nationwide lockdown to curb the spread of Covid-19 South Africa’s credit rating was also downgraded to below investment grade by Moody’s Investors Service. This is likely to only further depress an already weakening economy, with...

Johannesburg Stock Exchange holds first virtual listing

The Johannesburg Stock Exchange (JSE) yesterday welcomed the Satrix SA Bond ETF to the main board of the JSE in its first virtual listing, and the first ETF listing in 2020. The Exchange Traded Fund (ETF), will track the S&P South Africa Sovereign Bond 1+ year...

Investing in a post-Covid-19 world

Just three months ago, investors were looking forward to an improved year of global growth and corporate earnings. That was then. The coronavirus crisis is an era-defining event; one which will have a significant impact on not only how we live, but also where we...