FNB EXPECTS STRONGER VALENTINE’S DAY SPEND AS WEEKEND CELEBRATIONS DRIVE MOMENTUM

BY: TANA MALINGA Valentine’s Day 2026 is set to deliver stronger spending growth, with FNB anticipating increased customer activity as the occasion falls on a Saturday this year. The weekend timing gives consumers more flexibility to celebrate, creating extended opportunities to spend across dining, travel, accommodation, gifting and experience-based activities. According to FNB, when Valentine’s…

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UNLOCKING MINING’S HIDDEN GROWTH ENGINES: VALUE CHAIN OPERATORS AND SMALL-SCALE MINING

BY:TANA MALINGA South Africa’s mining sector remains a cornerstone of the economy, contributing 6-7% to GDP, generating over 50% of merchandise export earnings, and supporting more than 450,000 direct jobs, with many more across mining value chains, according to the Minerals Council South Africa. As global demand rises for critical minerals such as platinum group…

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SOUFFLET MALT BREAKS GROUND ON A GAME-CHANGING R2 BILLION MALT PLANT IN SOUTH AFRICA

BY:TANA MALINGA South Africa’s brewing and farming future took a bold step forward today.Soufflet Malt, the world’s leading malt producer, has officially launched construction of a €100 million (R2 billion) malting facility in Midvaal, Gauteng, a landmark investment set to transform the country’s agricultural and brewing value chain. Built next to HEINEKEN Beverages’ Sedibeng Brewery,…

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STANDARD BANK TO HOST AFRICAN MARKETS CONFERENCE 2026 TO DRIVE INVESTMENT INTO AFRICA

BY: TANA MALINGA Standard Bank Corporate and Investment Banking (CIB) will host the second edition of its flagship African Markets Conference (AMC 2026) from 22 to 24 February 2026 in Cape Town, South Africa. The conference will bring together global institutional investors, sovereign wealth funds, African policymakers, and financial leaders with one clear goal: to…

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STANDARD BANK CLOSES USD 250 MILLION STRATEGIC FINANCING FOR ARADEL ENERGY

Stanbic IBTC Capital Limited, Stanbic IBTC Bank Limited, and The Standard Bank of South Africa Limited (together, “Standard Bank”) have successfully achieved financial close on a landmark USD 250 million financing facility for Aradel Energy Limited (“Aradel Energy” or the “Company”). The facility was structured to support Aradel Energy’s strategic growth agenda, including the acquisition of an…

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