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Africa for Africans (with a little help from China)

On Tuesday, China pledged to invest $14.7bn in South Africa and grant loans to Eskom and SAA. While this investment brings the country closer to President Ramaphosa’s target to raise US$ 100 billion in foreign direct investment, some argue that China’s intentions are not what they seem. It is said that China is a mercenary lender,…

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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…

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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…

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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…

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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,…

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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…

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