Category: Finance

Almost exactly a year after struggling Rebosis Property Fund entered business rescue, the process’ practitioners have announced two deals to sell chunks of the group’s assets. It’s curious as to why the buyers have faith in the embattled fund’s properties especially its state-tenanted offices which need revamps and longer-term leases. Should the deals be completed, […]

ADvTech Group, the owner of private education brands like Crawford Schools, Pinnacle Colleges, Varsity College and many more, has seen a strong boost to profit in the first six months of the year. In an interim trading update for the first half of 2023 (H1 2023), the group said that its South African brands, especially […]

An analysis by Daily Investor revealed that the Cape Town municipality has the healthiest financial situation, and Tshwane is the worst. The analysis looked at the financial health of the Tshwane, Johannesburg, Cape Town, and Durban (eThekwini) municipalities. Johannesburg generates the most revenue at R62.6 billion annually, and Tshwane generates the least at R40 billion. […]

Solar leasing platform Sun Exchange has announced that a Bitcoin investor has used some of his cryptocurrency to fund most of a large solar energy project at Pretoria Boys High School. “By using the Sun Exchange platform to buy 98% of all solar cells in the project, the individual will earn income for 20 years […]