September 7th, 2012 by Tom Minney
De Beers’ Diamond Trading Corporation has moved from London to Botswana and some 32m carats of diamonds (worth US$6 billion – about 40% of world diamond sales) will be aggregated and sold in Botswana. OPIC financing of P1.8bn is being held up by relations with Stanchart.
April 21st, 2012 by Tom Minney
The Committee of SADC Stock Exchanges (CoSSE) has launched a website as part of a drive to create more liquidity in the southern African stock exchanges through better data and visibility for the exchanges. The new website (www.cossesadc.org) was launched on 19 April.
August 10th, 2011 by Tom Minney
South Africa’s Government has released the Financial Markets Bill for public comment, with comments due by 5 September. The new law would replace the Securities Services Act.
June 3rd, 2011 by Tom Minney
I have the honour to be published on the opinions section of the Royal African Society website and the article can be seen along with their excellent blogs I also reprint the article, which is meant to spark debate, and I welcome your comments – is it time for change and what is the way forward?
March 2nd, 2011 by Tom Minney
South Africa’s largest private equity company is transforming itself into a long-term investment holding company and aims to raise ZAR 6 billion ($857.7 million), according to a report on Bloomberg. Brait SA, listed on the JSE Ltd, will use the funds to purchase a long-term stake of 24.6% of Pepkor Ltd, South Africa’s biggest clothes retailer, and 49.9% of Premier Foods.