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A dramatic evening for dramatic need

Theatre thumbA massive fund raising campaign staged by celebrity actors in the UK to raise money for South African children has inspired local thespians to put together a star-studded event of their own.

South Africa sells Vodacom stake to fund Eskom

South Africa sells Vodacom stake to fund Eskom

Cash from the sale of the state's 13.91% stake in Vodacom - to the Public Investment Corporation, which acts for the Government Employees Pension Fund - will finance the multibillion-rand allocation to Eskom. The deal is believed to be worth nearly R29-billion.
Kagiso PMI shows SA manufacturing sector on the rebound

South Africa sets up fund for new industrialists

Black industrialists are to benefit from a R23-billion fund, while the Industrial Development Corporation has earmarked R100-billion over five years to grow industrialisation, transformation and job creation. The moves are intended to bring more South Africans into the economic mainstream.
SA fares well in emerging markets study

African pension fund giant relists on JSE

Africa's biggest retirement fund administrator, Alexander Forbes, on Thursday became the 11th company to list on the Johannesburg Stock Exchange this year. The company listed with a market capitalisation of around R10.9-billion, putting it into the top 25% of firms listed on the bourse.
fund for black South African filmmakers

R90m fund for black South African filmmakers

Help is at hand for emerging black South African filmmakers trying to break into the industry, in the form of a new fund that will bankroll the full R5-million production and marketing budget of six qualifying feature films a year for the next three years.

Finding sound real estate investment

South Africa’s post-apartheid transformation and new middle class are fuelling demand for affordable homes. For private equity fund International Housing Solutions, that means opportunity.
New technologies for social housing

South Africa 'cool during crisis': IMF

Africa open for investment: Zuma

The 2010 Fifa World Cup has helped to market South Africa as a key player, President Jacob Zuma tells about 80 international portfolio fund managers gathered in Cape Town, urging them to explore Africa's numerous investment opportunities.

China-Africa relations to deepen

More opportunities for Chinese investment into Africa are to open up, with the announcement that China is to bolster its China-Africa Development Fund by an additional R19.8-billion ($2-billion).

African art inspires Dell laptops

African art inspires Dell laptops

US-based computer maker Dell has launched a laptop range that features exclusive artwork by three young artists - one Canadian, two African - pledging to donate US$20 (about R200) from each laptop sold to the Global Fund to help in the fight against HIV/Aids, TB and malaria in Africa.
Township renewal project extended

US fund’s R1.3bn housing boost

USA-based International Housing Solutions has raised some US$175-million - expected to further rise to $240-million - in capital for its newly launched South Africa Workforce Housing Fund, which will invest in rental and for-sale housing for low and moderate-income families.


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