Posts Tagged ‘SAVCA’
SA’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 MorePress Release: Acquisition of additional interest in ChannelVAS (CVAS)
Convergence Partners is pleased to announce that it has acquired an additional $5 million interest in CVAS, a leading fintech provider of mobile financial services across sub-Saharan Africa and beyond.
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 MoreStatement on Havaic and Custostech matter
Thank you for your concern in the matter involving the Southern African Venture Capital and Private Equity Association (SAVCA) member, HAVAÍC and its dispute with Custostech. I can confirm that SAVCA was made aware of the dispute after receiving an official complaint lodged by Custostech in December 2019, after the case had already entered into litigation.…
Read MorePRESS RELEASE: Edtech company Snapplify raises $2M growth funding round from Knife Capital and Hlayisani Capital
Acclaimed edtech company Snapplify has raised $2 million expansion capital from venture capital firm Knife Capital via its SARS section 12J Venture Capital Company, KNF Ventures, and empowered African investment manager Hlayisani Capital’s Hlayisani Growth Fund.
Read MorePrivate equity makes progress on gender equity | Moneyweb
The South African private equity industry is making significant advances within the area of transformation, a 2019 survey released by the Southern African Venture Capital Association (Savca) shows. According to the survey, the percentage of female and black professionals within the industry has increased to 29.6% and 34.9% respectively, up from 21.8% and 29.9% in…
Read MoreSA’s private equity industry growing despite sluggish economy – report | SAfm
The Southern African Venture Capital and Private Equity Association, SAVCA, released its annual report on what’s happening in the private equity space. It found that funds under management had grown to R171 billion at the end of December 2018, which represents a compound growth rate of 9.3% since 1999 – when the survey started. LISTEN
Read MoreRecord private equity investment indicative of growth potential | Engineering News
South African private equity recorded a considerable increase in investment activity in 2018, with the value of new investments and follow-on investments having reached a record R35.4-billion, compared with an annual average of R15.2-billion over the preceding decade, the Southern African Venture Capital and Private Equity Association (Savca) said on Wednesday. READ MORE
Read MoreSAVCA MEDIA RELEASE: Southern African Private Equity Investment reaches record highs
South African private equity exhibited a considerable increase in investment activity in 2018, with the value of new investments and follow-on investments reaching a record-high of R35.4 billion, compared to an annual average of R15.2 billion over the preceding 10 years. Of the investments made during 2018, 17.4% were in the services sector, 17,0% in…
Read MoreSA’s private equity market at strongest average in 10 years | CNBC
Investment activity in 2018 more than doubled its number beating the average rate for the past 10 years. Tanya van Lill, CEO at SAVCA joins CNBC Africa to talk about the latest installment of their Private Equity Industry survey covered here in South Africa. WATCH
Read MoreThe missing piece in many portfolios | Moneyweb
Earlier this year the chief investment officer of one of the world’s largest pension funds said the fund should increase its allocation to private equity. Yu Ben Meng, who heads up investments at the California Public Employees Retirement System (CalPERS), suggested that the fund’s current 8% allocation is not optimal. What is notable about this…
Read MoreMEDIA RELEASE: SA Private Equity Proves Resilient in Tumultuous Times, according to the RisCura-SAVCA South African Private Equity Quarterly Report
During the fourth quarter of 2018 – a period that was characterised by extreme currency volatility, political uncertainty, and subdued economic growth – South Africa’s private equity sector continued to exhibit strong performance across all three listed benchmarks (JSE ALSI, FINDI and SWIX) over the five-year period. READ MORE
Read MoreThe fundamental role of Private Equity | INTO AFRICA May 2019 Edition
Private Equity has maintained its key role in Africa’s economic transformation and sustainable growth by supporting small-medium enterprises as well as promoting impact and sustainable investment in Africa. Private equity has also helped innovative and dynamic African companies achieve their ambition who may otherwise be limited only by a lack of capital and experience. Shelley…
Read MorePrivate equity trends rising to the surface in 2019 | MoneyMarketing
In such a rapidly evolving environment, it’s not always easy to forecast what the future holds, but there are certainly some clues as to what the private equity (PE) industry might expect in the coming year. From evolving skill sets to a rapidly changing investor base, there are a number of emerging trends on the…
Read MoreThe Role of Venture Capitalist (VC) in Driving Job Creation in South Africa | TechInAfrica
Last year, South Africa’s unemployment rate hit 27.1% which means there is a lot to gain from the venture capitalist (VC) industry. The venture capitalist industry does not only empower business development but also allows entrepreneurs to enhance their businesses as well as drive jobs creation and employment opportunities. This opinion made by the CEO…
Read MoreOutlook of the SA fundraising environment| EBnet
Regardless of a challenging economic and political environment in South Africa last year, the outlook for 2019 remains positive, with strong indications of sustained confidence in the local private equity and venture capital industry. This is according to Craig Dreyer, the Chairman of the Southern African Venture Capital and Private Equity Association (SAVCA), who was…
Read MoreSars Section 12J VC companies – hype versus substance [Opinion] | Ventureburn
There are many legal ways for South African taxpayers to reduce their tax burden, and investing in a SA Revenue Service (Sars) approved Section 12J venture capital company (VCC) is one of them. However, opinions are divided on the hype of a tax break versus the substance of sustainable investment returns. READ MORE
Read MoreDie rol wat Savca in die finansiële industrie speel | Moneyweb
Tanya van Lill, uitvoerende hoof van die Suider-Afrikaanse Vereniging vir Waagkapitaal en Private Ekwiteit (Savca), gesels oor haar akademiese loopbaan en die rol van alternatiewe beleggings. LUISTER (LISTEN)
Read MoreThe importance of entrepreneurship in a struggling economy | Moneyweb
Entrepreneurs are fundamental to the local economy, as they are not only create jobs, but also train people, grow the GDP base, contribute to taxes and create disruptions, which spurs innovation, Andrew Chananie, head of leverage finance at Investec tells Nompu Siziba. Savca CEO Tanya van Lill also highlights the social upliftment initiatives that entrepreneurs…
Read MoreVenture capitalism key to growth in Africa | BizCommunity
Investors in developed economies often refer to Africa as the next frontier. The continent presents massive opportunities for infrastructure, digital and social impact investment, among others. READ MORE
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