Soria Hay – B-BBEE deal-making trends, Classic Business

Classic Business’s Michael Avery invites insights from Soria Hay on the anticipated trends going into the ‘4th’ wave of B-BBEE transactions in 2019, touching on the lessons learned on sustainable structures; considerations when empowering at company or measured entity level; multinationals and equity equivalent deals; and the future of B-BBEE deal-making for unlisted companies. Read the transcription below: Michael [...]

Feb 17th, 2019|Categories: B-BBEE, News, Transactions|

It will be a year of uncertainty but not entirely doom and gloom

Published courtesy of M&A Africa Corporate financiers, private equity players, and dealmakers are braced for an uplift in mergers and acquisitions (M&A) activity in 2019 after a turbulent 2018 that made the hunt for quality deals difficult.During 2018, M&A professionals had to navigate an investment landscape fraught with low economic growth, volatile global financial markets and policy proposals that are [...]

Jan 10th, 2019|Categories: Corporate Finance, News, Transactions|

“Send me”. What will it take for the private sector to truly step up to Ramaphosa’s challenge for public private partnerships?

Over the last few weeks, President Cyril Ramaphosa said repeatedly that the private sector is invited to enter into meaningful partnerships with government in establishing an Infrastructure Fund. Ramaphosa said infrastructure expansion and maintenance had the potential to create jobs on a large scale, attract investment and lay the foundation for sustainable economic expansion. “With a view to unlocking [...]

Nov 30th, 2018|Categories: Economy, News|

Black Industrialists – the key to true transformation of the South African economy?

The debate on black ownership in South Africa has intensified this year, driven by the issue of land reform and the recent gazetting of the Mining Charter which places strict requirements on local procurement. The Broad-Based Black Economic Empowerment (B- BBEE) Strategy is now in its fifteenth year of existence, with the first B-BBEE codes having been published over [...]

Nov 30th, 2018|Categories: B-BBEE, Economy, News|

Cash stockpiling a sign of uncertain times

Published courtesy of M&A Africa “Investors are opting to sit on cash as they increasingly face a shortage of good assets to acquire in South Africa,” said Rob Bergman, a principal in corporate finance at Bravura. Political uncertainty and distrust between the public and private sectors are major issues, which are prompting more investors to either not commit to [...]

Nov 21st, 2018|Categories: Corporate Finance, News, Transactions|

Woolworths’ Australian struggles overshadow good investment opportunities down under

David Jones continues to present problems for Woolworths; this time much closer to home. On Wednesday, the company announced that it would be rebranding the David Jones clothing label under its own Classic Collection brand. This is yet another setback that presents itself in what has been a series of unfortunate events for the company since its expansion into Australian [...]

Nov 19th, 2018|Categories: Australia, News|