Cape Town Finance

Africa must ‘look inside’ to finance and control the transition on its own terms

Senior African government officials urge the continent to turn inward to respond to difficult development agendas as they curb what they perceive to be Western interests pushing them to give up fossil fuels as quickly as possible possible. The same week, COP26 was held in the UK last month, a …

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Grindrod Shipping Holdings Ltd. takes stock of share buybacks

SINGAPORE, December 09, 2021 (GLOBE NEWSWIRE) – Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or “Company” or “it” or “we”), a global provider of shipping services primarily to the dry bulk industry, has announced an update day of its share buybacks. Pursuant to the share repurchase authorization …

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Latest update in Wells Fargo, Willis and Virgin Australia case – Appeal to High Court of Australia

On November 4, 2021, the High Court of Australia heard arguments made by Wells Fargo Trust Company, National Association and Willis Lease Finance Corporation, together Wells fargo, and the administrators (the Administrators) of the Virgin Australia Airlines group, which entered into administration on April 20, 2020. The dispute mainly concerned …

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O&M Financial and Operational Analyst – 12 month contract

My client in the renewable energy industry is looking for a Business Graduate to join their team for a 12 month contract in Cape Town. Graduates and those with experience will be considered. The successful candidate will be responsible for the financial and operational analysis relating to the O&M segment, …

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Resilient urban cities: what are they and why are they important?

The views and opinions expressed in this article are those of the author. To solve the climate emergency, the city’s investments in green infrastructure that ensure social and racial equity are the way forward to have impact at scale. The Glasgow Climate Pact calls for action, but a few days …

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New York Film Academy (NYFA) signs MoU with South African Film and Acting Academy, Act Cape Town (ACT)

NYFA and ACT Virtual signing of the MoU The signing ceremony was attended by esteemed professors and award-winning film and television actors and performing professionals from both institutions, including Lynda Goodfriend, NYFA Chair of Acting for Film (Los Angeles campus); Joséphine Wilson, President of Acting for Film (New York campus); …

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Oceana Group posts losses it attributes in part to COVID-19 and riots

Cape Town, South Africa-based seafood company Oceana Group has released a voluntary trade update for the 12 months ended September 30, 2021, showing losses for the full year – but a partial recovery in the second half of 2021. The update comes after the company alerted its shareholders and clients …

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A new executive takes the reins of the City

Mayco’s new members were announced on Monday, November 22 in the city council chamber. PHOTO: provided The saying goes “a new broom cleans” and that’s what Capetonians hope Cape Town’s new mayor, Geordin Hill-Lewis and his newly elected Committee of Mayors (Mayco) will bring: change. Hill-Lewis (35), who recently became …

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US, Turkey to step up war on Daesh-K’s financial roots, experts say

ANKARA / KABUL: The US State Department on Monday imposed new sanctions on three leaders of the Afghan branch of Daesh, widely known as Daesh-K, and another man accused of running an informal financial network based in Turkey. The group’s leader, Sanaullah Ghafari, spokesman Sultan Aziz Azam and the head …

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Why the Western Cape will be the likely outlier of commercial property

Sharing office space will further reduce the need for office space in the years to come. The Western Cape could be the likely outlier for short-term commercial real estate, according to FNB commercial real estate finance economist John Loos. The reasons include relatively well-managed provincial and local governments without the …

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