Latest News for: African offshore

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Sanlam reaches massive asset management deal with UK-based Ninety One

Independent online (SA) 21 Nov 2024
Active asset management is a core building block, and bolstering this capability will enhance its total offering across South African and offshore markets, the group said.
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Ninety-One to manage R800 billion of assets for Sanlam in new partnership

Independent online (SA) 20 Nov 2024
The agreement enables Ninety One to bolster its South African market leadership ... Active asset management is a core building block, and bolstering this capability will enhance its total offering across South African and offshore markets.
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Ghana chokes pension funds’ offshore investment

Business Day 19 Nov 2024
“We have not exited but we can’t invest more [offshore] ... Private pension management firms in Ghana argue that authorities are overly cautious, pointing out that local mutual funds and African pension funds invest offshore without similar concerns.
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Gold miner Resolute agrees to pay $160m after Mali detains CEO

The Times/The Sunday Times 18 Nov 2024
Resolute Mining has signed a memorandum of understanding to settle all outstanding claims by the west African country, including those related to tax, customs levies, maintenance and management of offshore accounts ... Business & Money. Companies ... .
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How do the 2025 Raging Bull Awards differ from previous years?

Independent online (SA) 14 Nov 2024
Since 2018, when some minor changes were made, the awards have consisted of 30 certificates, eight trophies, and awards for South African Manager of the Year (plus two runners-up) and Offshore Manager of the Year.
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Emira reports robust half year results and reshapes its portfolio

Independent online (SA) 14 Nov 2024
The second tranche option created the potential for this to become nearly 37% offshore. Emira’s direct South African portfolio comprises 84 properties worth R12.1bn across commercial property sectors and residential rental property ... BUSINESS REPORT .
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How regulation 28 is reshaping South Africa's asset management landscape

Independent online (SA) 11 Nov 2024
This shift has also been significantly influenced by the changes to Regulation 28, which now allows South African pension funds to allocate up to 45% of their assets offshore.
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Loop structures: The game-changer in SA offshore investment strategy

Independent online (SA) 10 Nov 2024
For South African investors, one such offshore investment vehicle, known as a ‘loop structure’, offers the opportunity to reinvest back into South African assets ... Historically, South Africans wishing ...
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African Energy Week (AEW) 2024: Petrosen Targets Final Investment Decision (FID) For Yakaar-Teranga In 2025, ...

MENA FN 07 Nov 2024
(MENAFN - African Press Organization) The Yakaar-Teranga project – situated offshore Senegal – is expected to make a Final Investment Decision (FID) in 2025, with production starting between 2028 ... .
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Republic of Congo to Launch Inaugural Congo Energy & Investment Forum at African Energy Week

Business Ghana 06 Nov 2024
The Republic of Congo’s (RoC) Ministry of Hydrocarbons will hold a press conference during African Energy Week. Invest in African ... Distributed by APO Group on behalf of African Energy Chamber.
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Small-scale fishers take oil exploration fight to high court

Mail Guardian South Africa 06 Nov 2024
Small-scale fishers argue that they are bearing the brunt of a legacy of marginalisation and now face existential threats from offshore oil projects. “For many indigenous South Africans, the ocean is a ...
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Kevin Okyere-led Springfield E&P Dominates Ghana’s Oil Sector

This Day 05 Nov 2024
“As the first Ghanaian company and the first African company to own and operate a deep offshore oil block, drill and find hydrocarbons, I think we need to give all ourselves an applause that we’ve really done very well.
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Investment in South Africa slumps

Mail Guardian South Africa 04 Nov 2024
By contrast South Africans’ direct offshore investments have risen sharply since 2008 ... Popular offshore investment destinations include the Netherlands, which attracts 20.4% of all South African direct ...
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Why offshore investment options remain essential even if local markets improve

Independent online (SA) 01 Nov 2024
“Get as much of your money offshore as possible.” For many years, that’s been the advice that South African financial advisors have given to their customers, and with good reason too ... Having offshore ...

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