Parks Tau cracks down on R200m fraud and corruption in Jhb

Executive Mayor of Johannesburg, Parks Tau, joined Alec Hogg on CNBC Africa’s Power Lunch to discuss the arrest of 22 people for fraud, collusion and corruption. The arrests relate to over 100 cases of criminal activity that have defrauded the city’s coffers of up to R200m. The direct collusion is as far reaching as big … Read more

JSE’s first Green Bond oversubscribed by 150%

The Johannesburg Stock Exchange (JSE) has listed its first green bond. The R1.46 billion ($140 million) bond issued by the City of Johannesburg will be used to fund green initiatives within South Africa’s largest city. The bonds are priced at 185 basis points (1,85%) above the R2023 South African government bond. The bond auction, which … Read more