Financials and Investment News in South Africa
| 8/18/2017 - African Development Bank President Akinwumi Adesina and South African Minister of Finance, Malusi Gigaba, signed a Host Country Agreement, establishing the Bank’s Southern African Regional Development... |
| 1/4/2017 - Oil trader Gunvor Group is suing Cerberus Capital Management, alleging that the private-equity firm is refusing to pay its share of costs incurred when the two companies made a failed $650 million bid... |
| 10/31/2016 - Africa Energy Corp. (Africa Energy) intends to raise CDN$15 million in new equity through a non-brokered private placement of new shares (the "Offering"). The private placement will be effected on a r... |
| 9/3/2015 - Kinetiko Energy Limited is pleased to announce that it has successfully completed a placement to sophisticated investors to raise gross proceeds of $584,400. Proceeds from the placement will be used t... |
| 10/7/2014 - Sunbird Energy Ltd is pleased to announce the completion of the Stage 1, USD$5,000,000, Vandasia Transaction, previously announced on 9 September 2014. ... |
| 12/12/2013 - Kinetiko Energy Limited has successfully completed a placement to institutional and sophisticated investors to raise gross proceeds of approximately $1.7 million. Proceeds from the placement will be u... |
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6/9/2013 - The first BRICS summit in Africa in Durban on 27 March reached decisions on three main issues:
1- Establishment of a BRICS bank facilitating trade between the BRICS economies and also at an internati... |
| 8/7/2012 - The Export-Import Bank of the United States (Ex-Im Bank) and the Industrial Development Corp. of South Africa Ltd. (IDC) signed a Declaration of Intent (DoI) to help advance the South African governme... |
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10/20/2011 - The African Development Bank (AfDB) has cut its 2011 estimate for African growth amid concerns that a global economic slowdown will hit regional trade. According to the bank, growth may be as low as 3... |
