Bravura bringing hope to Hanover Park

This year marks the tenth anniversary of Mandela Day, which occurs each year on 18 July and calls on organisations around the country to contribute in some way or form to enhance the lives of others and make an impact. To mark the decade milestone, this year the Nelson Mandela Foundation launched a new strategy, entitled “Mandela Day: The [...]

Jul 23rd, 2019|Categories: CSI, News|

Do South Africa’s CFOs have what it takes?

Anneke Fourie is the Chief Financial Officer at Bravura, an independent investment banking firm now twenty years old that specialises in corporate finance and structured solutions. Anneke has extensive experience in financial reporting and International Financial Reporting Standard applications. There is no question that the prominent cases of corruption and poor governance in Corporate South Africa have tarnished the [...]

Jul 10th, 2019|Categories: News|

Bravura advises on management buyout of iProp Holdings against hostile bid

In 2002, iProp Holdings Limited (formerly RMP Properties Limited), a JSE-listed company with a 35-year history had devolved into a small company, illiquid and trading at a deep discount to its net asset value. The company had been operating under challenging conditions due to sensitivities around mining assets and land distribution, and by 1997 a disposal of its various [...]

Jun 11th, 2019|Categories: Corporate Finance, News, Transactions|

Innovating in solar

Bravura Alumni Society June 2019 Spotlight Tim Frankish – Managing Director of SolarSaver SolarSaver is an innovative solar photovoltaic solutions company that offers its clients a unique capex-free, rent-to-own model.  SolarSaver has over 120 sites under management in South Africa and Namibia, and investors have been quick to recognise the company’s potential. Most notably, the Pembani-Remgro Infrastructure Fund recently [...]

Jun 11th, 2019|Categories: Alumni, Corporate Finance, Economy, News|

South Africa’s GDP growth rate gets stuck in crossfire in the US trade wars

The first quarter GDP growth of 2019 for South Africa was announced earlier today, and it is once again a negative number. The numbers are showing that the South African economy contracted 3.2% year on year, following a 1.4% growth in the previous period. It was the sharpest decline in the GDP since the first quarter of 2009, as [...]

Jun 6th, 2019|Categories: Economy, News|

Can more women in the boardroom improve company performance over time?

In a ten-year study of US Fortune 500 companies published in 2017, it was found that firms with female CEOs or gender-diverse boards are associated with a range of stronger business and equity practices, including diversity, corporate governance, product strengths and community engagement. Is this incidental, or is it an indication that having a diverse board indeed strengthens the [...]

May 27th, 2019|Categories: Corporate Finance, Economy, News|