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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Ecsponent set to grow in 2016

Ecsponent has an established reputation for a forward-thinking approach to organic and acquisitive growth strategy and a strong future-based investment philosophy. Our CEO, Euné Engelbrecht, is confident that by seeking out value-enhancing acquisitions we will continue to reflect solid growth for our investors.   The latest notice to shareholders forecasts that for the year ended…

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Biotech remains an increasingly bullish investment sector

Salveo Swiss Biotechnology and Cryo-Save form part of Ecsponent Limited’s investment strategy to acquire interests and develop technology businesses with high intellectual property and high barriers to entry.   Ecsponent’s investment in the biotech sector provides South African clients with international, industry leading stem cell storage within the biotechnology arena and is an example of…

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