First corporate bond lists on Yield-X
Housing developer Calgro M3 has become the first South African company to list a bond on Yield-X, the JSE's interest rate exchange, with capital raised from the bond issue going toward the development of two low-cost integrated housing projects in Johannesburg.
Nelspruit seeks investors
The Mpumalanga Economic Growth Agency is looking for investors for the construction and development of a 5 000-seat international convention centre and five-star hotel in Nelspruit, a 2010 Fifa World Cup host city situated in the heart of South African big game country.
JSE's new trading system goes live
The JSE has unveiled a new, locally designed equity derivatives trading system that has been specifically designed for the South African market, bringing with it new functionality and greater flexibility for local brokers, fund managers, market makers and other institutional investors.
Outsourcing to South Africa
As companies worldwide respond to increasing cost and efficiency pressures, South Africa is becoming a favoured international location for business process outsourcing and offshoring.
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