SAVCA in the News
Survey results: SA Private Equity fundraising activity surges to a 13-year high
Tshepiso Kobile, CEO of the Southern African Venture Capital and Private Equity Association (SAVCA) Despite growing concerns about the turbulent macroeconomic outlook, the high interest rate environment and fundraising challenges, Southern Africa’s Private Equity (PE) industry has surged forward. With 2024 being referred to as the ‘ultimate election year’ on both local and global fronts,…
Read MoreSouth Africa’s Tech Sector Attracts Significant VC Investment Surge
The technology sector is spearheading investment within South Africa’s start-up ecosystem, even amid challenging macroeconomic conditions. This insight comes from the South African Venture Capital Association (SAVCA), which unveiled the findings of its 2023 Venture Capital Survey, which was published on Thursday, 18 July 2024. The survey indicates that South African start-ups secured R3.3-billion in…
Read MoreICT sector leads the charge as Venture Capital investments in SA hit R3bn mark
Click here to read the original article. The performance of the venture capital (VC) sector in South Africa defied the downwards trend in annual deals seen since 2020 as investments hit the R3 billion mark in 2023, displaying the level of resilience that has since become synonymous with the start-up ecosystem. The Southern African Venture…
Read MoreNew Survey: South Africa’s VC Sector On Positive Trajectory And What This Means
Click here to read the original article. South Africa’s 2023 startup ecosystem concluded on a high note, as the local venture capital (VC) sector defied the global downward trend in annual deals since 2020. The recent Southern African Venture Capital and Private Equity Association (SAVCA) Venture Capital Survey Launch 2024 revealed that total capital flow…
Read MoreHarnessing the power of private equity for economic gains
Private equity has evolved into an asset class not only capable of providing the smooth returns demanded by investors, but also the ability to generate economic growth and drive job creation. It’s time retirement funds take notice, writes Ola Leepile, the Chief Executive Officer of Novare Holdings Click here to read the original article. The…
Read MoreSAVCA announces winners at prestigious industry awards ceremony – Engineering News
The Southern African Venture Capital and Private Equity Associate (SAVCA) Industry Awards, which took place in Sandton last week, showcased the achievements of some of the most innovative businesses in the country. In the running were a mix of companies, each nominated for having successfully used invested capital to build thriving enterprises. After much deliberation,…
Read MoreSAVCA announces winners at prestigious industry awards ceremony – Africa Business Quarterly
The Southern African Venture Capital and Private Equity Association (SAVCA) Industry Awards, which took place in Sandton last week, showcased the achievements of some of the most innovative businesses in the country. In the running were a mix of companies, each nominated for having successfully used invested capital to build thriving enterprises. After much deliberation, the expert panel…
Read MoreSAVCA announces winners at prestigious industry awards ceremony – Daily Entrepreneur
The Southern African Venture Capital and Private Equity Associate (SAVCA) Industry Awards, which took place in Sandton last week, showcased the achievements of some of the most innovative businesses in the country. In the running were a mix of companies, each nominated for having successfully used invested capital to build thriving enterprises. After much deliberation,…
Read MoreFive SA business heavyweights enter the ring as finalists in this year’s SAVCA Industry Awards
30 April 2024: The South African Venture Capital and Private Equity Associate (SAVCA) Industry Awards celebrates the accomplishments of portfolio companies that have successfully used invested capital to build thriving enterprises. This year marks the fourth in-person event of its kind, which will be hosted by SAVCA in partnership with Investec on the 9th of…
Read MoreSeven trailblazing local start-ups and small businesses nominated for prestigious business investment award
30 April 2024: The South African Venture Capital and Private Equity Association (SAVCA), in partnership with Investec recently announced its fourth in-person SAVCA Industry Awards. This awards platform aims to recognise the achievements of local portfolio companies that have leveraged the power of invested capital to take their ventures to the next level. After much…
Read MoreSAVCA welcomes five new board members at 2023 AGM
Johannesburg – The Southern African Venture Capital and Private Equity Association (SAVCA) has announced that it has welcomed five new board members at its 2023 Annual General Meeting (AGM) on 3rd October 2023. Darshan Daya, Edmund Higenbottam, Liz Kolobe, Ria Papier and Nicola Gubb have now officially commenced their tenure as board members. Providing his…
Read MoreSAVCA announces 5 new board members at its AGM
The Southern African Venture Capital and Private Equity Association (SAVCA) welcomed five distinguished professionals to its board at an annual general meeting held earlier this week. Darshan Daya, Edmund Higenbottam, Liz Kolobe, Ria Papier, and Nicola Gubb have officially assumed their roles as board members, marking a significant milestone in the association’s leadership landscape. In…
Read MoreSAVCA appoints new Board Chairperson
SAVCA is delighted to announce the appointment of Vuyo Ntoi as the new SAVCA Board Chairperson. The appointment took effect on 15 November 2023 following a majority vote from the SAVCA Board of Directors. Ntoi takes over from his predecessor, Lelo Rantloane, CEO of Ata Capital, who, having served a 3-year term leading the Board,…
Read MoreICT Sector Comes Out Tops In Latest Southern Africa Venture Capital Industry Survey
A low-growth economy, high unemployment and the mounting pressures posed by the ongoing energy crisis have continued to weigh heavily on start-ups in Southern African over the past year. Early-stage investors likewise reported that these challenges have had a material impact on the local venture capital industry, with an overall decrease in the value of…
Read MoreSA’s most promising businesses recognised at SAVCA Industry Awards
11 November 2022: A multi-store, e-commerce start-up and an energy drink brand were among the winners at this year’s SAVCA Industry Awards, hosted by the South African Venture Capital and Private Equity Association (SAVCA) in partnership with Investec. The awards platform recognises the achievements of regional portfolio companies who have leveraged the backing of venture…
Read MoreThe future of venture capital in SA: Commercial viability and measurable impact will go hand in hand
8 November 2022: As the growth of the Venture Capital industry continues on an upward trajectory, a number of deals are moving towards an intersection of commercial and impact objectives. The businesses receiving VC funding are providing strong financial returns as well as contributing to societal challenges such as poverty alleviation, inclusive growth and job…
Read MoreMedia Release: SAVCA Announces New CEO, effective 1 November 2022
The Southern African Venture Capital and Private Equity Association (SAVCA) is excited to announce the appointment of Tshepiso Kobile as Chief Executive Officer, effective 1 November 2022. Kobile succeeds Tanya van Lill, who served SAVCA for over five years. Kobile hails from a financial services background, having served as an investment professional with the Development…
Read MoreSAVCA welcomes three new board members at 2022 AGM
Three new members were welcomed to the board of The Southern African Venture Capital and Private Equity Association (SAVCA) at its 2022 Annual General Meeting (AGM) on 05 October. Andrea Böhmert, Lebo Thubisi and Richard Rose have now officially commenced their tenure as board members. Providing his insight on these new appointments, SAVCA Chairperson…
Read MoreInvestment in Fintech and EdTech dominate SA venture capital industry
SAVCA 2022 Venture Capital Industry Survey highlights: Fintech constituted 15.9% of Venture Capital (VC) deals in 2021 followed by EdTech (9.1%) Gauteng remains the preferred destination for VC investments but Cape Town is still the base for the biggest pool of companies in active VC portfolios Almost two thirds of all deals (62.3%) were less…
Read MoreSAVCA Statement on Regulation 28 Final Amendments
The Southern African Venture Capital and Private Equity Association (SAVCA) welcomes the recently published final amendments to Regulation 28 of the Pension Funds Act, which comes into effect on 3 January 2023. National Treasury has said that: “To further facilitate the investment in infrastructure and economic development, the limit between hedge funds and private equity…
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