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NCP Alcohols to get plant upgrade in SA

 RMB’s Infrastructure Finance and Principal Investments team has closed a financing package for KwaZulu-Natal-based NCP Alcohols, a producer of potable and pharmaceutical ethanol. The financing package allows the company to switch its raw material…

The slow nationalisation of the Reserve Bank

The South African Reserve Bank (Sarb) is a clear target for capture by politicians intent on spending their way out of trouble. This much is clear from the debate within the ANC over expanding the…

The investment case for integrated oil companies

Fossil fuels have been condemned as one of the largest contributors to global warming because of their emissions of carbon dioxide. Despite this, the International Energy Agency (IEA) projects that the demand for coal, oil…

You can now insure your equities against management…

InvestSure was started a year ago by two entrepreneurs, Shane Curran and Mbulelo Mpofana, to provide insurance cover to shareholders against allegations of management fraud or dishonesty. Curran is a chartered accountant, and Mpofana has…

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FSCA withdraws Stringfellow Investment Services’ licence

The Financial Sector Conduct Authority (FSCA) has provisionally withdrawn the licence of Stringfellow Investment Services. This follows allegations that its founder, Thomas Stringfellow, may have misappropriated more than R100 million in client funds. “The [FSCA]…

Third Ebola patient in Goma as 15 quarantined…

A third patient tested positive for the virus on Wednesday, shortly after second Ebola patient died in Goma, a large city in the eastern Democratic Republic of Congo, raising concern in the region about an…