Latest news with #RandMerchantBank
Bloomberg
23-07-2025
- Business
- Bloomberg
Rand Merchant, South Africa Parks Mull Conservation, Rhino Bonds
South African National Parks, which runs some of the world's premier wildlife reserves, said it's in discussions with Rand Merchant Bank over the sale of bonds to fund conservation including boosting the number of endangered rhinos. The notes, if sold, would build on a $150 million bond sold by the World Bank in 2022 that pay out returns determined by the rate of growth in Black Rhino populations in two South African reserves. One of those, the Addo Elephant National Park, falls under SANParks management.
Yahoo
21-07-2025
- Business
- Yahoo
UBS, Rand Merchant Bank lead financial adviser M&A rankings in MEA for H1 2025
UBS and Rand Merchant Bank have emerged as the leading financial adviser for mergers and acquisitions (M&A) in the Middle East & Africa (MEA) during the first half of 2025, according to the latest league table published by GlobalData, a data and analytics firm. As per GlobalData's Deals Database, UBS topped by value, with $1.6bn in advised deals, while Rand Merchant Bank led by volume, with four deals to its credit. The leading position of UBS has been attributed to its advisory role in the $1.6bn Warba Bank-Alghanim deal. GlobalData lead analyst Aurojyoti Bose said: "UBS, which led by value in H1 2025, was not even among the top ten by this metric in H1 2024. Involvement in only one but a big-ticket deal helped it top the chart by value." Rand Merchant Bank not only led by volume but also ranked third by value, showing a notable improvement from the fourth position in the previous year. Bose added: 'Rand Merchant Bank saw its ranking by value improve from the fourth position in H1 2024 to the top position in H1 2025. Apart from leading by volume, Rand Merchant Bank also occupied the third position by value.' The second place by value was secured by HSBC, with advisories on deals worth $1.3bn. It was followed closely by Rand Merchant Bank at $807m, Barclays at $801m, and Clairfield International at $750m. In terms of volume, KPMG took the second spot with three deals, with HSBC, Goldman Sachs, and Standard Chartered Bank each advising on two deals. GlobalData's league tables are based on the real-time tracking of thousands of company websites, advisory firm websites and other reliable sources available on the secondary domain. A dedicated team of analysts monitors all these sources to gather in-depth details for each deal, including adviser names. To ensure further robustness to the data, the company also seeks submissions of deals from leading advisers. "UBS, Rand Merchant Bank lead financial adviser M&A rankings in MEA for H1 2025" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
04-06-2025
- Business
- Zawya
South African business confidence slips in second quarter of 2025 on tariff woes
South African business confidence fell in the second quarter of 2025, pressured by trade uncertainties due to U.S. President Donald Trump's "Liberation Day" tariffs and local logistical constraints, a survey showed on Wednesday. The business confidence index dropped to 40 points from 45 in the first quarter, according to a survey by the Rand Merchant Bank (RMB) and compiled by the Bureau of Economic Research. South Africa's rand hit an all-time low in April, hurt by the trade war and the risk that the country's coalition government could lead to instability. However, it began to recover after the 90-day tariff pause. Last week, the central bank cut its repo rate by 25 basis points to 7.25%, lowering its inflation and economic growth forecasts for this year and next year. The repo rate would provide some relief, the RMB said on Wednesday, but also warned that more was needed to reignite the spark in the country's economy. The coalition government has been working to boost the country's growth rate through reforms, but persistent challenges, such as logistics bottlenecks at ports and on the freight rail network, are improving only gradually. Sectors such as retail, new vehicle dealers, builders contractors and manufacturing all reported a fall, RMB said, noting that the wholesale traders segment, which marked an increase in confidence, was the sole exception. "The majority of the respondents are thus pessimistic about trading conditions. While remaining above the average of 2023 and 2024, confidence is now a touch below the long-term average level," RMB said. (Reporting by DhanushVignesh Babu in Bengaluru; Editing by Janane Venkatraman)
Reuters
04-06-2025
- Business
- Reuters
South African business confidence slips in second quarter of 2025 on tariff woes
June 4 (Reuters) - South African business confidence fell in the second quarter of 2025, pressured by trade uncertainties due to U.S. President Donald Trump's "Liberation Day" tariffs and local logistical constraints, a survey showed on Wednesday. The business confidence index dropped to 40 points from 45 in the first quarter, according to a survey by the Rand Merchant Bank (RMB) and compiled by the Bureau of Economic Research. South Africa's rand hit an all-time low in April, hurt by the trade war and the risk that the country's coalition government could lead to instability. However, it began to recover after the 90-day tariff pause. Last week, the central bank cut its repo rate by 25 basis points to 7.25%, lowering its inflation and economic growth forecasts for this year and next year. The repo rate would provide some relief, the RMB said on Wednesday, but also warned that more was needed to reignite the spark in the country's economy. The coalition government has been working to boost the country's growth rate through reforms, but persistent challenges, such as logistics bottlenecks at ports and on the freight rail network, are improving only gradually. Sectors such as retail, new vehicle dealers, builders contractors and manufacturing all reported a fall, RMB said, noting that the wholesale traders segment, which marked an increase in confidence, was the sole exception. "The majority of the respondents are thus pessimistic about trading conditions. While remaining above the average of 2023 and 2024, confidence is now a touch below the long-term average level," RMB said.
The Citizen
04-06-2025
- Business
- The Citizen
The 2025 RMB Latitudes Art Fair showcases over 300 art works at Shepstone Gardens
The Rand Merchant Bank (RMB) Latitudes Art Fair's third edition took place in the enchanting Shepstone Gardens in Houghton from May 23 to 25. Read more: RMB Latitudes Art Fairs third edition comes to Shepstone Gardens The art fair worked with over 50 galleries and over 300 artists, who showcased their talent over the course of the weekend. From major local galleries, such as Southern Guild, Stevenson, and Everard Read, to nomadic gallery FEDE Arthouse, Strauss & Co auction house, and new Nigerian space AMG projects, every aspect of the art ecosystem was represented. Co-founder of Resevoir Projects Shona van der Merwe said the exhibition, which was founded in 2021 by herself and Heinrich Groenewald, is an independent partnership specialising in collaborative curation. Also read: RMB Latitudes Art Fair returned with diverse African perspectives She added that their 2025 RMB exhibition featured six of their artists: Bulumko Mbete, Cathy Abraham, Keith Henning, Luis MS Santos, Mankebe Seakgoe, and Seretse Moletsane. The fair's 2025 international platform took a deliberate and engaged focus on neighbouring country Botswana, with several exhibitors, working collaboratively to create a presentation that respects the balance between contemporary art and more traditional, foundational art practices in that region. In the gardens, an outdoor exhibition: Disturbed Currents: Art for a Warming World, explored how it is we inform the climate, and how it, in turn, informs our own lived experience. While Essay sees stoneware sculptures by doyenne of South African Ceramic Sculptors Amalie von Maltitz shown alongside charcoal drawings by Sydney Kumalo. Van der Merwe added that in 2023, Reservoir opened a space for solo exhibitions by independent artists on Bree Street in Cape Town. Follow us on our Whatsapp channel, Facebook, X, Instagram and TikTok for the latest updates and inspiration! Have a story idea? We'd love to hear from you – join our WhatsApp group and share your thoughts! Related article: Popular RMB Turbine Art Fair goes virtual
