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…

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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…

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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…

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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…

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Prepare for Tax Season 2017

Tax Season 2017 is due to kick off on 1 July, meaning it is time for taxpayers to submit their returns for income earned between 1 March 2016 and 28 February 2017. Paying taxes is hardly anyone’s idea of fun, but to help you survive the dreaded annual tax season, we have summarised what you…

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