Women’s financial literacy is key to economic empowerment and promoting gender equality

Mother’s Day is a time to celebrate the women who raise us, care for us and teach us. While this annual tradition involves thoughtful words and gifts, we often don’t truly appreciate everything mothers do. They don’t only provide comfort and support, but also usually shape their families’ financial culture, which is one of the…

Ecsponent concludes a ZAR 700 million loan financing term sheet with Afreximbank

18 February 2019 Ecsponent concludes a ZAR 700 million loan financing term sheet with Afreximbank, transaction expected to close before June financial year end   Substantial move towards diversification of Ecsponent’s capital raising efforts; reducing reliance on retail funding Proceeds to bolster SME lending business Significant reduction in the Group’s weighted average cost of capital…

Ecsponent cements position in African fintech environment; diversifies portfolio further

Johannesburg – January 30, 2019 – JSE-listed, specialist financial services group Ecsponent Limited today announced the conclusion of an agreement in respect of its investment in Luxemburg-based and Frankfurt Stock Exchange listed FinTech innovator MyBucks S.A (MyBucks).   Ecsponent’s investment in MyBucks forms part of its portfolio of investments in its Equity Holdings business unit.…

Ecsponent’s green energy investment supports local development

Johannesburg – January 30, 2019 – In 2018, the JSE-listed, specialist financial services group Ecsponent Limited announced plans to invest in the development of renewable energy projects in sub-Saharan Africa. One of these equity investments is support for Invest Solar Africa Limited, a Botswana-based renewable energy investor and independent power producer (IPP). This pan-African IPP…

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…