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Could a social impact bond work to fund SA’s Covid-19 interventions?

by sundelbolong | May 24, 2020 | Business & Finance News

National Treasury has not ruled out a proposal of a social impact bond to help finance Covid-19 interventions, Director General Dondo Mogajane. During a virtual discussion event hosted by 100% black-owned event and media company Empowaworx on Friday, Mogajane weighed...

AstraZeneca gets over $1 billion from US to fund coronavirus vaccine

by sundelbolong | May 21, 2020 | Business & Finance News

British pharmaceuticals group AstraZeneca on Thursday said it had secured more than $1 billion from the United States to help fund production of its coronavirus vaccine. AstraZeneca is partnering with University of Oxford to develop and distribute a vaccine being...

Upbeat Investec Property Fund looks offshore to build more ‘resilient’ business post-coronavirus

by sundelbolong | May 20, 2020 | Business & Finance News

Investec’s property arm says while 2020 is clearly not a landlords’ market, it will emerge on the other side of the coronavirus crisis less bruised than what might be expected of property companies thanks to its offshore operations. Investec Property Fund...

ConCourt dismisses Solidarity’s bid to appeal Covid-19 tourism fund decision

by sundelbolong | May 16, 2020 | Business & Finance News

The Constitutional Court has dismissed an urgent application brought by union Solidarity to appeal the High Court’s decision to allow the Department of Tourism to include Broad-Based Black Economic Empowerment criteria in its allocation of tourism Covid-19...

Hedge fund that never loses bets big on SA debt

by sundelbolong | May 13, 2020 | Business & Finance News

A London-based hedge fund that has made gains every year since it was founded, through risky bets including Ukrainian GDP warrants and sanctioned Russian bonds, is now putting its money on South Africa. ProMeritum Investment Management LLP has allocated a fifth of its...
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