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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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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