Two South African investment holding companies have recently announced their intentions to unbundle some of their investments. The first is Remgro Limited (“Remgro”), which has recently distributed its shares in RMB Holdings Limited (“RMBH”) and the shares that it will receive in FirstRand Limited (“FirstRand”)...
A tech revolution has been quietly gaining momentum around the world. This is not the kind of tech that one associates with Silicon Valley. It is focused on the production of food, dietary protein in particular. This protein is a combination of plant-based protein...
President Cyril Ramaphosa, during his 2020 State of the Nation Address, has urged participants in the private and public sector to find sustainable solutions to combat and reduce inequality, poverty and unemployment. The public sector has committed to assist small to medium enterprises (“SMEs”) from...
Many people across the world have, to a greater or lesser extent, been working from home for the past month or so. This trend appears likely to continue in many countries, and there is no clear indication when this is likely to stop. It seems...
There is no denying it. The COVID-19 pandemic has catalysed a worldwide economic crisis of epic proportions. None of us have ever seen anything like this before. If you’re an employee, you’re very worried. If you’re a business owner, you’re scrambling. You’re trying to figure...
Are share options an incentive in the current market? South Africa has experienced equity markets that have shown little growth for a number of years. Accepted wisdom is however that the role of management in profit orientated businesses is to increase shareholder wealth. This is most...
Need to raise funding? Look inside Your business first to turn tied-up capital into cash. Particularly during challenging economic times, businesses simply cannot afford to be complacent and careless with working capital management. The old accounting adage is very relevant in the current environment - turnover is vanity, profit is...
Mettle acted as the corporate advisor to Mettle Solar Investments Proprietary Limited’s subsidiary, Mettle Solar Africa Limited, regarding a US$10 million financing facility from CDC plc that will be used to finance the roll-out of the Mettle Solar Africa’s investment strategy across the African continent....
Mettle acted as the corporate advisor to Mettle Solar Investments Proprietary Limited regarding the investment by CDC plc’s Gridworks Development Partners LLP, which in December 2019 began its investment of R106.7 million for a 40% share in Mettle Solar Investments. Follow this link for the Gridworks...
Start planning now. Typically the interest of an owner in his or her business represents a large chunk of their personal wealth. The business can offer a significant capital value and make the difference between a successful or disappointing retirement. Unfortunately many business owners do not...