Monthly Archives: July 2010
The Role of Venture Capital Model in an Islamic Economic System
Since their inception, Islamic banks have been criticised for not using participatory (profit and loss sharing) modes of financing such as musharakah and mudharabah. Generally, scholars argue that participatory financing is the key to achieve the main goal of equitable distribution of wealth in society.
IHS moves to the cape
Nearly 500 new homes and shops worth R170-million are to be built in the Cape Town suburb of Eerste River thanks to a massive cash injection by private equity partners,… Read more
Ethos celebrates 25th anniversary by appointing a new chairman
Ethos Private Equity celebrated its 25th anniversary at an elegant function in Houghton last night and announced the appointment of new non-executive chairman, Peter Mageza, who is replacing Fred Phaswana…. Read more
Regional private equity to rebound next year
Private equity in the sub-Saharan Africa region is poised for a strong comeback next year, according to a KPMG survey of private equity stakeholders in South Africa. The survey, released… Read more
HSBC may bid for S.Africa’s Nedbank: report
HSBC Holdings may bid for South Africa’s Nedbank, Sky News reported, a potential $4.4 billion deal that would give Europe’s largest bank a bigger profile in fast-growing Africa. Buying a… Read more