The call to move away from the United States dollar (USD) has been brought into focus once again after the Russian Federation announced in March this year that it will be making use of the Chinese Yuan in transactions with its trade partners in Asia, Africa and Latin America, effectively replacing the USD as the dominant international currency for global transactions.

As many of you will know, Silicon Valley Bank (“SVB”), a financial institution specialising in providing banking and financial services to technology and innovation-based businesses, failed in March 2023.

In addition to the JSE Consultation Paper Proposals amendments summarised in last month’s article, the JSE has proposed the following Financial Reporting Disclosure Amendments:

The JSE Consultation Paper issued in October 2022 proposes the following amendments…

Kiara becomes a fully black owned and managed Local Pharmaceutical Manufacturing company

The newly amended Regulation 28 governing the allocation of retirement fund assets came into effect in January 2023 after numerous rounds of public input.

Against the backdrop of an economy impacted by lacklustre growth (1.9% in 2022E, forecast to decline to 1.4% in 2023E), a relatively high official unemployment rate…

Tamela Capital Partners today announced that Tamela Mezzanine Debt Fund I (“Tamela” or “the Fund”) has provided growth funding to Crossgate…

Tamela Capital Partners today announced that Tamela Mezzanine Debt Fund I has provided growth capital to The Digs…

As we mentioned in Part I of this article last month, steps in the M&A deal process may be modified for ESG. The due diligence process in particular…

In recent years, ESG factors have become somewhat of a buzzword in the finance world. During this time, the demand for ESG-focused…

When the JSE was founded in 1883, the first merger wave in the US was already underway, triggered by a severe economic downturn…