British International Investment (BII), the UK’s development finance institution and impact investor, today launches its new strategy in Egypt, with total commitments reaching nearly $1.3 billion since 2012. As Chief Executive Officer Leslie Maasdorp visits Cairo, the DFI is deepening its partnership with Egypt to accelerate reform, unlock investment, and support long-term green and inclusive growth. Under its new five-year strategy, BII aims to drive £9 billion of new capital into Africa, including £5 billion of its own capital, while mobilising the rest from private investors. In Egypt, this will support structural and economic reform priorities by scaling investment, deepening…
Author: Staff Writer
Stablecoins have become the payment rails of the modern digital economy, providing one of the clearest examples of how digital assets are increasingly integrating with traditional finance. However, due to lags in regulatory development, South Africa remains locked out of the significant economic benefits offered by the global adoption of stablecoins. Speaking at the inaugural Luno Institutional Digital Asset Conference (LIDAC), on 11 June, Luno CEO James Lanigan said the rapid growth of stablecoins, increasingly used for business payments globally, provide a proof point of how digital assets have evolved into an integral part of the global financial system. But…
Toyota South Africa Motors (TSAM) is proud to announce the return of the Toyota Gaming Engine School Challenge in 2026, reinforcing the brand’s commitment to youth development, inclusivity and access to future-facing opportunities through esports. Designed to bring competitive gaming directly into school and community environments, The Toyota Gaming Engine continues to make esports more accessible to students, particularly those from under-resourced communities. With expanded capacity and broader regional reach, the 2026 edition offers even more young gamers the opportunity to participate, compete and excel. The 2026 challenge was launched in April and to date, participating schools have been invited…
Fortress Real Estate Investments has reaffirmed its distributable earnings forecast for the financial year ending 30 June 2026 (FY2026) of at least R2 150 million. This translates into a forecast distribution of at least 176,48 cents per share, compared with 162,44 cents per share for the financial year ended 30 June 2025. The Board further provided earnings guidance for the financial year ending 30 June 2027 (“FY2027”) of approximately R2 310 million, representing a 7,4% increase compared to FY2026 guidance. According to Brown, sustained strength in the logistics and retail sectors has been instrumental in supporting the company’s overall operational…
The Sony Future Filmmaker Awards have revealed the 2026 winners at a gala ceremony hosted by Emmy-award winner Denny Directo (Entertainment Tonight) in the iconic Sony Pictures Studios Scenic Arts Building in Culver City. Now in its fourth edition, this prestigious global awards program for short films uncovers the filmmakers reshaping cinema’s future. Established by Creo and sponsored by Sony, the Awards aim to highlight outstanding original talents and launch them directly into the heart of the film industry. Selected from a global shortlist of 30 films representing over 20 countries, drawn originally from more than 8,400 filmmakers across 162…
Mercedes-Benz is officially raising the standards of the compact luxury segment with the market introduction of the all-new Mercedes-Benz CLA 200. Arriving at authorised retailers on Friday, 12 June, the new CLA 200 offers more to customers in every single dimension, delivering significantly more space, more refinement, more comfort, more intelligence, and more efficiency compared to its predecessor. The CLA 200 serves as the brilliant gateway into a completely new, ground-up family of vehicles. Built on a highly flexible modular architecture. A Master Class in Design and Aerodynamics The exterior design of the all-new CLA 200 is a masterclass in…
With just over 60 days to go, the Chartered Institute of Procurement & Supply (CIPS) Southern Africa, part of the world’s leading professional body and globally recognised gold standard for procurement and supply chain management, representing more than 200,000 professionals across 180 countries, has confirmed that its flagship Connect & Engage Conference and Awards 2026 will bring together senior procurement, supply chain, business and public sector leaders from across Africa to tackle the strategic issues reshaping the profession and the continent’s economic future. Taking place on 4–5 August 2026 at the Four Seasons Hotel The Westcliff in Johannesburg, the conference…
Growthpoint Healthcare Property Holdings, South Africa’s first fund dedicated exclusively to healthcare and wellness real estate, and Busamed, the award-winning South African private hospital group, are nearing completion of a major expansion of Busamed Gateway Private Hospital, Umhlanga Ridge, KwaZulu-Natal. The R60 million extension marks the latest investment by GHPH, furthering its strategy to grow and upgrade South Africa’s private healthcare infrastructure. Managed by Growthpoint Investment Partners — the fund management business of Growthpoint Properties (JSE: GRT), South Africa’s leading real estate investment trust — GHPH has approximately R7.3 billion in assets under management across a portfolio of licensed healthcare…
South African rugby icon, double World Cup winner Cheslin Kolbe, has become Nissan Africa’s third and final sports ambassador for 2026, after receiving the keys to his new Navara PRO-4X bakkies at the Nissan Milnerton in Cape Town today. Kolbe returns to South Africa after playing his domestic rugby overseas for the last few years, first in France and then in Japan where he finished this season as Japan Rugby League One’s top points scorer. The partnership with Nissan, which was facilitated by Roc Nation Sports International, follows on from Nissan’s appointment of his national teammates Aphelele Fassi and Jordan…
Engen is proud to announce the graduation of 21 newly qualified artisans who have successfully completed an intensive three-year apprenticeship programme aimed at tackling youth unemployment and addressing South Africa’s critical skills shortage. A formal graduation ceremony was held in Durban on 10 June to honour the graduates, who began their apprenticeship journey in May 2023 and completed the programme at the end of April 2026. The apprenticeship programme combined practical workplace experience with classroom-based theoretical learning in line with SETA requirements (CHIETA). Each year consisted of nine months of on-the-job training and three months of classroom instruction, equipping learners…