Financials and Investment News in South Africa
| 10/19/2023 - African Energy Week 2023 featured a dynamic conversation on Black excellence – featuring Clarence Seedorf, Chairman of the Black Impact Foundation – ahead of the upcoming Global Black Impact Summit in... |
| 10/19/2023 - The African Energy Chamber and the Black Impact Foundation signed an agreement during the African Energy Week 2023 conference. Underpinned by a mandate to make energy poverty history by 203... |
| 10/18/2023 - Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company focused on the offshore Atlantic Margins in South Africa , Namibia , and Guyana , announces that Gil Holzman , Chief Executive Office... |
| 10/17/2023 - International Human Resources Development Corporation discussed leveraging core competencies to reduce costs and maximize organizational efficiencies during the technical track of African Energy Week ... |
| 9/4/2023 - Eskom finds the baseless claims that the organisation has launched an investigation to expose whistle-blowers serious, concerning, and malicious. The organisation considers whistle-blowing an importan... |
| 7/31/2023 - To support the development of certified green buildings in South Africa, IFC announced a partnership with Absa Bank Limited to help the bank expand its residential and commercial loans and mortgage fi... |
| 7/19/2023 - Release by Scatec (“Release”) signed an agreement to raise USD 102 million (NOK 1 billion) in funding from Climate Fund Managers (“CFM”) to further accelerate its growth ambitions. Release was establi... |
| 6/25/2023 - Eskom has retained the Broad-Based Black Economic Empowerment (B-BBEE) Level 4 status. The organisation was Level 8 contributor prior to 2022 financial year. The improved status puts Eskom in good sta... |
| 6/11/2023 - Eskom would like to reassure South Africans that the placement of the Fidelity Services security contract was in line with Eskom’s Procurement Procedure and the National Treasury directives for emerge... |
| 6/9/2023 - Eskom notes and accepts the decision by the National Treasury to not grant the organisation partial exemption from certain sections of the Public Finance Management Act (PFMA) and Treasury Regulations... |
| 4/11/2023 - Kibo Energy PLC, the renewable energy-focused development company, announces that following extensive stakeholder engagement the Company has decided and agreed upon several measures to ensure the Comp... |
| 4/3/2023 - Struggling businesses will soon be able to apply for their share of the R50 million in grants to keep their businesses running. In a move aimed at supporting and growing small and medium en... |
| 3/22/2023 - Eskom is rooting out fraud and corruption within its ranks and supply chain through proactively implementing recommendations made by the Zondo Commission and beyond. We are redressing the effects of S... |
| 3/21/2023 - Ascent Resources Plc, the onshore Hispanic American and European focussed energy and natural resources company, announces an update to the settlement of the Beryl International ("Beryl") strategic sub... |
| 3/16/2023 - Following the announcement by the National Treasury of debt relief measures for Eskom in February, rating agency S&P Global has placed Eskom on CreditWatch Positive. This is an indication to the marke... |
| 3/9/2023 - Inspired Evolution Managers Limited, a Pan-African climate-centred private equity firm specialising in clean energy infrastructure and energy and resource-efficiency growth investments, successfully a... |
| 2/15/2023 - Tower Resources plc, the AIM listed oil and gas company with its focus on Africa , announces the following issue of warrants to Directors and a consultant to the Company in lieu of fees. ... |
| 12/30/2022 - Africa Oil Corp. ("Africa Oil", or the "Company") reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act. As a result of the exe... |
| 12/19/2022 - Africa Energy Corp. has secured a US$5 million credit facility from Africa Oil Corp. ("Africa Oil"), Deepkloof Limited and Lorito Holdings S.à.r.l. (together, the "Lenders"). Jeromie Kuffl... |
| 12/16/2022 - HIGHLIGHTS • Strategic South African energy investment company exercising its option to provide further funding • Investment company participated in April and October 2022 capital raisings a... |
