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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 »