Ecsponent releases strong set of interim results

28 November 2017 Ecsponent Limited (Ecsponent) today announced interim results for the period ended 30 September 2017. The financial services group has continued its exponential growth, underpinned by the group’s strategic focus on select niche markets and business units, registering stellar results with all-round growth.   Key features Highlights of the group’s September 2017 interim…

Details

Heading for Junk Status

By Johan Coetzee. Financial Consultant, Ecsponent Financial Services It is almost certain that South Africa’s government debt will be downgraded further in November and that full junk status will last for at least the next six years. The writing is on the wall after the Minister of Finance, Malusi Gigaba, made no bones about the…

Details

Rommel status is ons voorland

Deur Johan Coetzee. Konsultant van Ecsponent Financial Services Dit is feitlik seker dat Suid-Afrika se staatskuld later in November verder afgegradeer gaan word en dat ons eersdaags vir minstens ses jaar in die rommel gaan wees. Die skrif is aan die muur nadat die Minister van Finansies, Malusi Gigaba, die benarde situasie van Suid-Afrika in…

Details

Ecsponent group secures international funding to reduce cost of capital

1 November 2017 – JSE-listed Ecsponent Limited (“Ecsponent”) announced today that it has secured an international funding facility for USD 10 million (R142-million) from a UK-based corporate financier.   To date, Ecsponent’s Investment Services business unit has raised over R1-billion capital through its listed preference share programme, which has subsequently been deployed through the group’s various…

Details

Ecsponent continues its growth in Swaziland

18 September 2017   Financial services group to enhance its presence in the Kingdom, after being licensed to act as a Collective Investment Scheme Manager.   African Financial Services Group, Ecsponent Limited, has been licensed to act as a Collective Investment Scheme (CIS) Manager in Swaziland by the Financial Services Regulatory Authority (FSRA). The group’s…

Details