Equites lifts interim distribution as UK exit frees up capital
The logistics property fund’s distribution rose 5.1% to 72.57 cents per share, while its loan-to-value ratio fell to 28.1% following the £200.5m Aviva portfolio sale.
News
Follow to see every story about this in your feed.
2 697 stories from 13 South African publishers, refreshed through the day. Every story is the publisher’s own — read it on their site, talk about it here.
Showing matches. Clear
The logistics property fund’s distribution rose 5.1% to 72.57 cents per share, while its loan-to-value ratio fell to 28.1% following the £200.5m Aviva portfolio sale.
In a matter of weeks, AI home loan capture has moved from promise to live product. Luna Switch founder Janice Naidoo explains why the bigger question is who owns the client, and issues a challenge to bond originators.
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.
Today’s edition Air Time Presented by Good morning. Airlink flew two jets low over a packed Cape Town stadium in August, and a quarter of the airline belongs to Qatar Airways. Vodacom wants up to 55,000 more cars on Uber and Bolt, with the car loans in
The financing would mix bank loans and investment-grade debt, closing in 2027, according to the FT.
The IDC's recent annual report showed it had a debt-to-equity percentage of 30.9% and a non-performing loans percentage of 35.1%
For millions of everyday Egyptians, getting a simple loan almost feels like pulling teeth. Sky-high domestic interest rates and notoriously stubborn inflation have squeezed household incomes to an absolute breaking
Today’s edition Counter Culture Presented by Good morning. Spur is rethinking where South Africans eat, Capitec is becoming a lot more than a bank, and one company loan just made South Africa’s foreign investment appetite look a whole lot better than it really is. Not everything
Capitec lifted headline earnings 19% to R9.5 billion without a fee increase, on more transactions and a growing trade in airtime, data and insurance, while setting more aside for bad loans.
The Reserve Bank's direct investment figure more than doubled in the second quarter on one telecoms company's loan from its foreign parent, while Stats SA counted 14,000 fewer formal jobs.
Has cut its support for municipalities for a second consecutive year but insists it hasn't abandoned the local government sphere.
Finance minister says there is a three-year plan to fix the metro.
The loan will support electricity, water supply and sanitation, and solid waste management in eight metros.
The number of people who rely on loan sharks has more than doubled from 15% in the 2025 survey.
This is expected to create nearly 600 000 jobs.
The findings suggest there is little recovery among households - people are instead surviving by making adjustments.
High interest rates also did the bank no favours, as it recorded 'moderate growth' in its home loan portfolio.
The report examines consumer credit behaviour.
'People are taking out payday loans because they are under pressure to manage existing credit.'
Lower interest rates have boosted home-buying activity, with the BetterBond Home Loan Index up 21.8% since the low point in the fourth quarter of 2023.
African Bank ran into trouble in 2014 after accumulating too many bad loans and suffering heavy losses.
The Credit Stress report revealed that defaulting on loan repayments has grown significantly among senior citizens.
The emotional toll of a breakup is already significant; financial consequences shouldn't add to that burden.
The prime lending rate has been set 350 basis points above the repo rate since 2001.
The bank claimed R108 000 from the homeowner, who argued he's already settled this, and more.
Middle-income earners feel the pressure of car loans the most.
Responsible borrowing isn’t about avoiding loans altogether, but taking what you know you can manage.
The research also suggests there has been a 14.5% increase in South Africans who took out micro-loans over the past year.
Egyptian startup Qardy, a marketplace and aggregator for debt financing, has partnered Cashcall to help drive financial prosperity for micro, small, and medium enterprises. Founded in July 2022, Qardy facilitates loans for MSMEs, with founder Abdel Aziz Abdel Nabi saying the startup’s goal was to…
WIC Capital, a local capital provider investing in Senegal and Ivory Coast that focuses on financing women-owned and managed micro, small and medium enterprises (MSMEs), has secured a US$1 million loan from the FSDAi Nyala Facility BV to expand its impact. Led by Evelyne Dioh Simpa, WIC Capital was…