Ecsponent secures US$5 million in funding from Norsad Finance

July 20, 2018 – JSE-listed Ecsponent Limited (“Ecsponent”) announced that it has secured an international funding facility for US$5 million (R67-million) from Norsad Finance Limited (“Norsad”) at market-related terms. Ecsponent’s Investment Services business unit has raised R1.47 billion through its listed preference share programme between September 2014 and 31 March 2018. This capital has been…

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 announces enhancements to its Equity Holdings portfolio in a series of transactions to the value of R740 million

23 May 2018 – Ecsponent Limited today announced a transaction that will expand its capability to stimulate the growth of South Africa’s small and medium enterprises (SME) sector. It is proposing an investment of up to R400 million into venture capital company (VCC), Capitis Equity Proprietary Limited (Capitis). The transaction is intended to be effective…

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,…