Posts Tagged ‘COVID-19’
PRESS RELEASE: Meet Thuso, the company transforming the face of South African private markets
Cape Town, July 2020 — When it comes to transformation in South African business, doing things the way they’ve always been done simply isn’t tenable. New approaches are needed. That’s what makes Thuso, a ground-breaking incubation platform in the South African asset management space, so exciting. And with South Africa’s already strained economic and social…
Read MorePRESS RELEASE: Sanlam launches urgent job-preservation initiative in response to COVID-19
Sanlam Investments is responding to the COVID-19 pandemic through large-scale support of the recovery of South African companies, from small enterprises to corporates that employ a large number of people. Sanlam has committed R2.25 billion of its own capital to seed three funds with the core objective of preserving and creating jobs ̶ in a…
Read MorePRESS RELEASE: Mergence Investment Managers and Third Way Investment Partners in R450-mIllion renewable energy deal
Two established, women-led black fund managers point the way for cleaner energy post-COVID Mergence Investment Managers and Third Way Investment Partners have invested R225m each to refinance a major renewable energy plant in a remote area of South Africa. The project cannot yet be named for confidentiality reasons. Both parties to the transaction have strong…
Read MorePrivate equity and venture capital industry pledges over 1 100 hours to assist SMMEs
April 07 2020: South African businesses are facing the battle of their lives. To ensure as many companies as possible survive the COVID-19 economic crisis, the Southern African Venture Capital and Private Equity Association (SAVCA) has launched a small, medium and micro enterprise (SMME) support platform in collaboration with is membership network, which consist of…
Read MoreLOCAL PRIVATE EQUITY INDUSTRY’S COMMITMENT TO COVID-19 CONTAINMENT MEASURES
In full support of President Ramaphosa’s outlined approach to contain the spread of COVID-19, the Southern African Venture Capital and Private Equity Association (SAVCA) has demonstrated its commitment to implementing the necessary protocols by instituting various internal precautionary measures, among them the introduction of virtual events to replace face-to-face gatherings, travel restrictions and flexible work-from-home…
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