Master the crisis like Rockefeller

Successful businesses grow and survive in times of change when they identify viable opportunities and pursue them with focus and perseverance. It requires entrepreneurs who can analyse the risks of the macro environment and convert ideas and vision into successful products and services.   What is happening to the markets now? There are strong indications…

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Spotlight on renewable energy

Funding the largest (22MW) solar plant in Zimbabwe with community ownership scheme   Two-thirds of Africans – 620 million people – still do not have access to “affordable, reliable, sustainable and modern electricity”, one of the UN’s key Sustainable Development Goals. Decades of neglect and mismanagement have left Africa with some of the world’s worst-functioning…

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New era brings growth

When it comes to predicting the future, science-fiction writers seem to have a particular knack for visualising the possibilities. For example, Mark Twain essentially envisioned what would become the Internet as far back as 1898. He wrote about something he called a telectroscope – essentially a dial-up connection – which allowed people to connect to a worldwide network via…

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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…

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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…

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Ecsponent Limited releases positive trading update – maintains strong growth trajectory

Johannesburg 12 September 2018 – JSE-listed African financial services group, Ecsponent Limited, today published a trading update, which advised shareholders that the group expects to continue to build on the exponential growth it has achieved each year since 2011.   The group is expecting the results for the 15-month period ended 30 June 2018*, when compared…

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What’s up with the rand?

Will the rand continue to depreciate, and should I move my money abroad as soon as possible?   The volatility and recent depreciation of the rand are causing concern for many investors. This is exacerbated by increasing signs of political instability and warnings of a shrinking economy.   Emotion gets the upper hand It is…

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Ramaphoria starts fading

President Cyril Ramaphosa’s election had promised to be a watershed moment for South Africa. There was euphoria and expectation that our economy would become market- oriented and that there would be a large-scale focus on job creation.   Instead, the country’s focus has shifted to the internal struggle in the ANC with an eye on…

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