Ecsponent’s notes offer investors an easy income alternative

JOHANNESBURG, 3 December 2018 – Ecsponent Limited (JSE:ECS) today announced that it has published a prospectus in respect of a R 10 billion Domestic Medium Term Note Programme (DMTN Programme). The notes offered via this programme are JSE-listed medium-term, fixed interest-bearing securities that offer retail, corporate and institutional investors access to superior interest rates. There are…

Ecsponent Newsflash

At the end of June, the Group announced a series of transactions, which will see it expand its African investment portfolio, with a particular focus on renewable energy and financial services that promote financial inclusion. In a SENS announcement issued yesterday afternoon, we advised our shareholders of the Board’s decision to implement these transactions in stages, to ensure that Ecsponent…

Ecsponent maintains growth momentum; increases total assets by 84% to R2.2 billion

15-month results build on the last seven years’ exponential growth Revenue from continuing operations up 45.1% from R321.8 million to R466.9 million Operating profit from continuing operations up 89% from R218.2 million to R412.4 million HEPS increased more than 100% to 6.991 cents per share Further scalability and de-risking through new transactions worth an aggregate…

Outward foreign investment fuels Chinese economy

How Africa is fuelling Chinese economic growth and what South Africa can learn Market commentators are divided in opinion about China’s increased investment in Africa in recent years. Some are labelling their investments and loans as predatory practices aimed at relieving struggling countries of their resources. Others, and possibly now Eskom and SAA, see the…

Ecsponent benefits from streamlined operations in interim results

Johannesburg – June 29, 2018 – African financial services group Ecsponent Limited (Ecsponent) today announced interim results for the 12-months ended 31 March 2018. The period was characterised by continued strong financial performance, as the Group looks to further expand and grow its business operations in line with its strategic focus. Key features The Group’s…

Ecsponent expands equity holdings by investing in Shaka Sisulu’s Truth Digital group

Johannesburg, 19 June 2018 – JSE-listed, African financial services group, Ecsponent Limited, today announced its acquisition of 49% shareholding in Truth Digital Group (Pty) Ltd, a digital marketing group owned by entrepreneur and businessman Shaka Sisulu. Ecsponent CEO Terence Gregory said: “Truth Digital is a 100% black-owned digital media group, with an African growth agenda…

Ecsponent acquires cryotherapy provider Cryozone SA

Athletes at Cape Town Cycle Tour given the opportunity to prepare their bodies for race day and help alleviate the Mother city’s water crisis   JSE-listed Ecsponent Limited, has added Cryozone South Africa to its portfolio of leading-edge technological investments. Cryozone South Africa is a provider of whole-body cryotherapy – a medical physical treatment, widely used in sports medicine…

The Financial Planning Institute recognises Ecsponent Group as an FPI Corporate Partner™

The Financial Planning Institute of Southern Africa (FPI) announced today that Ecsponent is now an FPI Corporate Partner™, through its subsidiary, Ecsponent Financial Services.   The FPI is a South African Qualifications Authority (SAQA) recognised professional body for financial planners, which serves the public by ensuring that people who carry the CFP® designation are qualified,…