BII World and Network International (Powered Sponsor) are excited to announce the dates for the 8th Africa Bank 4.0 Summit – CEO Exclusive, which will be hosted In-Person over 5 days (23- 27th May 2022) in Nairobi – Kenya NAIROBI, Kenya, 28 April 2022, /African Media Agency (AMA)/-Digital technologies are unlocking new pathways for rapid economic growth, […]
The new R20bn loan guarantee scheme seeks to correct the many design flaws of the original loan scheme launched by President Cyril Ramaphosa at the height of the Covid-19 crisis. The new R20bn loan guarantee scheme seeks to correct the many design flaws of the original loan scheme launched by P.
Following a two-year consultation and development process, South Africa’s first national Green Finance Taxonomy was launched on 1 April 2022, by the Taxonomy Working Group as part of South Africa’s Sustainable Finance Initiative. The Group, chaired by National Treasury and hosted by the Banking Association South Africa, included representatives from national government, financial sector regulators and the financial services sector. What is the Green Finance Taxonomy?
South Africa’s first green finance taxonomy will help investors and financial institutions make more informed decisions on ‘green’ projects, say Webber Wentzel’s Patrick Heron and Joon Chong. Heron and Chong describe the taxonomy, launched by National Treasury last Friday, as an official classification of what is eligible to be defined as ‘green’, while also listing the standards that define economic activities as ‘green’.