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	<title>Private Equity News</title>
	<link>http://www.privateequitynews.co.za</link>
	<description>Local and Africa News on Private Equity</description>
	<lastBuildDate>Thu, 29 Jul 2010 11:07:28 +0000</lastBuildDate>
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		<title>The Role of Venture Capital Model in an Islamic Economic System</title>
		<description><![CDATA[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. ]]></description>
		<link>http://www.privateequitynews.co.za/2010/07/the-role-of-venture-capital-model-in-an-islamic-economic-system/</link>
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		<title>IHS moves to the cape</title>
		<description><![CDATA[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, International Housing Solutions (IHS).
Eerste River, which borders the Cape’s Winelands, is experiencing a desperate shortage of accommodation .  With high levels of employment, the area’s [...]]]></description>
		<link>http://www.privateequitynews.co.za/2010/07/ihs-moves-to-the-cape/</link>
			</item>
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		<title>Regional private equity to rebound next year</title>
		<description><![CDATA[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 yesterday, showed that more than 70 percent of the 119 private equity industry executives who participated expected larger deals of more than R3 billion to [...]]]></description>
		<link>http://www.privateequitynews.co.za/2010/07/regional-private-equity-to-rebound-next-year/</link>
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		<title>HSBC may bid for S.Africa&#8217;s Nedbank: report</title>
		<description><![CDATA[HSBC Holdings  may bid for South Africa&#8217;s Nedbank, Sky News reported, a potential $4.4 billion deal that would give Europe&#8217;s largest bank a bigger profile in fast-growing Africa.
Buying a majority stake of South Africa&#8217;s fourth-largest lender would bulk up HSBC&#8217;s presence in Africa&#8217;s top economy and give it a wider platform for expansion on the [...]]]></description>
		<link>http://www.privateequitynews.co.za/2010/07/hsbc-may-bid-for-s-africas-nedbank-report/</link>
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		<title>Citadel Capital: African Business of the Year</title>
		<description><![CDATA[Citadel Capital, the leading private equity firm in the MEA, has received the prestigious industry award that recognizes outstanding contribution to the economic growth and development of Africa
Beating fellow finalists, De Beers, Safaricom, Ecobank and Bidco, Citadel Capital was named ‘African Business of the Year’ at the African Business Awards attended by the Prime Ministers [...]]]></description>
		<link>http://www.privateequitynews.co.za/2010/06/citadel-capital-african-business-of-the-year/</link>
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