Finance

Quality of Africa’s resources hold investor interest

By | 2020-02-17T13:26:39+02:00 February 3rd, 2020|Finance, General, Mining|

Investors will always gravitate towards good orebodies and, owing to the quality of prospectivity in certain African regions, the continent still holds the interest of investors, says Nedbank Corporate and Investment Banking (CIB) mining analyst Arnold van Graan. “However, with the increase in resource nationalism, increased tax and royalty burdens, as well as other challenges, [...]

WATCH: Retail sector trends for 2020

By | 2020-02-17T13:43:11+02:00 January 23rd, 2020|Finance, Markets and Research, Watch This|

Retailers like Truworths, TFG and Mr Price may have recorded positive sales growth over the festive season but the industry remains under pressure, as consumers continue to cut back on purchases. Sa'ad Chothia from Nedbank CIB discusses the trends that's being observed in the retail space. https://www.youtube.com/watch?v=y40jqutr_K4 In partnership with Business Day TV. [...]

WATCH: Retail sales growth higher than consensus

By | 2020-01-17T05:58:35+02:00 January 16th, 2020|Finance, General, Watch This|

Retail sales accelerated in November, and registered growth of 2.6% on an annual basis. Business Day discussed the data with Nedbank's Reezwana Sumad, as well as whether the growth momentum can be sustained into 2020. https://www.youtube.com/watch?v=hRwsXWwGhig In partnership with Business Day TV. You have shown interest in this video, you might find Markets and [...]

Africa Finance Corporation Closes US$140 million Kimchi Term Loan Facility

By | 2019-11-20T13:38:46+02:00 November 20th, 2019|Finance, General, Investment Banking|

London, 20 November 2019: Africa Finance Corporation (“AFC,” the “Corporation” or the “Borrower”), Shinhan Bank London Branch and South Africa’s Nedbank Limited, London Branch (both the “Bookrunner and Mandated Lead Arrangers” or the “BMLAs”) are pleased to announce the successful closing of AFC’s inaugural US$140,000,000 Kimchi Term Loan Facility (“Facility”). The Facility is AFC’s first [...]