futuregrowth

  1. Jan

    A R254 billion bailout for Eskom leaves South African power crisis unresolved

    Even a R254-billion Eskom bailout can't fix load-shedding this year A 254 billion-rand ($14 billion) state bailout for South Africa’s cash-strapped power utility will help steady its finances, but won’t immediately improve its operations or alleviate an electricity shortfall that’s crippling...
    • Jan
    • Thread
    • andré de ruyter enoch godongwana eskom fikile mbalula futuregrowth load-shedding lumkile mondi olga constantatos pravin gordhan
    • Replies: 14
    • Forum: Eskom and Electricity: Load Shedding
  3. Jan

    R193 billion South African fixed-income manager plans startup fund

    South African money manager raising R600 million startup fund Futuregrowth Asset Management Ltd., a South African fixed-income money manager with 193 billion rand ($11.9 billion) of assets, is raising a fund to invest in startups with a strong developmental impact. The company aims to raise as...
  4. Jan

    Charts showing African startups resilience amid global chaos

    South African companies scooped R13.3 billion in venture capital Africa’s technology-dominated startups will continue to attract investment, even if at a slower pace, following record venture capital funding last year. The sector has seen inflows of $2.7 billion since January, more than double...
  5. Jan

    Curo Fund Services down for 5 days after ransomware attack

    Ransomware attack took down R2 trillion investment company for five days Curo Fund Services is investigating the cause behind the ransomware attack it suffered last week, according to a report from the Sunday Times. The investment administration provider was unable to access its systems for...
    • Jan
    • Thread
    • curo fund services futuregrowth old mutual ransomware sanlam
    • Replies: 3
    • Forum: Broadband and IT News
  6. Jan

    Eskom's average salary of R735,000 per year is its biggest weakness - Futuregrowth

    The average salary at Eskom — R735,000 Eskom’s average annual salary per employee decreased from R775,000 to R735,000 between March 2020 and March 2021, but it remains a major weakness for the state-owned power utility. This is according to the head of listed credit at Futuregrowth Asset...
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