Tag: Loan
African Rainbow Capital gives Kropz Elandsfontein R140-million loan
KROPZ Plc, an emerging African phosphate producer and developer got a bridge loan facility of R140-million from its major shareholder, the African Rainbow Capital...
Cloud over Tormin Mineral Sands’ future as oil spill drives its holding company into...
By Larry Claasen
TORMIN Mineral Sands’ future is uncertain. The west coast based mining operation, which is owned by Mineral Sands Resources (MSR), has entered...
AfDB extends $4.25m loan to Lesotho
THE African Development Bank Group has approved a loan of $4.25 million to the Lesotho Revenue Authority to provide digital tax services, including e-taxation...
Treasury proposes additional R59bn for Eskom
Finance Minister Tito Mboweni has proposed additional funding support of R59 billion over the next two financial years to help the embattled power utility...
Eskom gets R2.5 billion loan for renewable energy projects
Troubled power utility Eskom has signed a loan agreement with New Development Bank (NDB) to connect renewable energy projects to the national grid.
Under the...
Here’s why South Africa turned down Zimbabwe’s request for $1.2 billion loan in December
South Africa turned down a request from its southern African neighbour Zimbabwe for a $1.2 billion loan in December, a spokesman for the finance...
Eskom gets R2.88bn loan from AfDB for upgrade
JOHANNESBURG – Beleaguered power utility Eskom yesterday received a R2.88 billion loan from the African Development Bank (AfDB) to upgrade and expand its transmission...
MUST READ
City delivering real change
Behind every budget line, every policy, and every project there are real people, real challenges, and a shared future we are shaping. In a...