Lifesaving treatments for expecting parents

6 February 2017 February is Pregnancy Awareness Month and there are important actions and decisions that expecting parents should take into consideration at the beginning of this incredible parenting journey. For instance, have you considered storing your baby’s umbilical cord stem cells?  Have you given thought to what babies are dependent on for growth and…

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Ecsponent drives towards continued African growth

20 December 2016 – JSE-listed African financial services company, Ecsponent Limited, has announced a series of transactions designed to ensure continued focus on the Group’s profit strategy and to further streamline operations. Read the full SENS announcement.   Through these transactions, Ecsponent commits its resources to the core business of small to medium enterprise (SME)…

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Five Resolutions for Financial Success in 2017

It has been another tough year for South African consumers. Fortunately, with 2017 just weeks away, there is an opportunity to plan for a better year ahead with inspiring New Year’s resolutions. “While New Year’s resolutions tend to revolve around losing weight and quitting bad habits, South Africans are well-advised to include financial resolutions for…

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Festive Season budgeting: dos and don’ts

The festive season can be daunting when you think of all the additional expenses to add on top of your monthly budget. With gifts to buy and family gatherings to cater for, it is easy to get yourself caught in a tangle of debt and empty grocery cupboards come January 2017. Anton Hay, Director at…

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Focused growth strategy reaps rewards for Ecsponent

Highlights from the Ecsponent’s Interim Results for the 6 months ended 30 June 2016: Total revenue increased by 74.7% to R116.7 million (2015: R66.8 million) Gross profits increased by 97.8% to R95.8 million (2015: R48.4 million) Operating profit increased by 166.7% to R58.4 million (2015: R21.9 million) Profits before tax increased by 61.5% to R28.5…

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Much to be done to fast-track female entrepreneurs

While South Africa continues to make significant strides towards building a more equitable society, much still needs to be done to fast-track female entrepreneurs in the start-up phase of business. And with National Women’s Day fast approaching, Andrew Maren, CEO: Ecsponent Development Fund believes now is the time to provide better support for women-owned start-up businesses.…

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Funding solutions required to mitigate procurement risk in small business arena

Black-owned qualifying small enterprises – QSEs – are actively being sought out and supported as suppliers in order to meet scorecard requirements, following the introduction last year of the Preferential Procurement sub-element in the revised B-BBEE codes. With government’s approximately R500-billion annual procurement budget-spend kicking in at the beginning of April 2016, these suppliers are…

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Licence enhances Ecsponent’s Botswana investment offering

  Issued: 7 April 2016 Listed financial services company, Ecsponent Limited, today announced that its Botswana subsidiary, Ecsponent Asset Management (Pty) Ltd was awarded a licence to operate as an Investment Company with Variable Capital (ICVC) in Botswana. Ecsponent has a 70% stake in the Botswana operation.   Ecsponent CEO, Eune Engelbrecht, says that the licence…

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