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The Department of Land Reform and Rural Development will provide R500m in grant funding to the Land Bank’s Blended Finance Scheme for qualifying emerging and developing farmers for the remainder of the 2026/27 financial year.
While many financial institutions are closing branches, Atlas Finance is expanding its physical footprint, reaching 300 stores nationwide. The milestone reflects the short-term loan provider’s strategy to improve access to credit and strengthen financial inclusion in underserved communities.
JSE-listed technology services group iOCO increased profit after tax by 39% to R357m for the year ended 31 July 2026, as improved margins and lower finance costs strengthened its financial performance.
South Africa’s small and medium-sized businesses have more funding providers to choose from than they did a few years ago, but access to finance remains a challenge.