Published 3 July 2019, by Sizwe Dlamini

CAPE TOWN – Sekunjalo chairperson Dr Iqbal Survé is set to head up a $1 billion (R14bn) Belt and Road Africa Fund that was announced on the sidelines of the annual World Economic Forum (WEF) Summer Davos Meeting, which is underway in Dalian, China.

The fund will focus on investments in Africa, which will include co-investments in infrastructure, technology, eCommerce, artificial intelligence (AI) and the beneficiation of the resource industry in Africa. Most importantly, the fund will serve as a bridge between African and Chinese businesses, thus strengthening, particularly, the co-operation between business sectors in China and Africa.

Survé, along with several Chinese family offices and business people, launched the fund, which will be capitalised with $1bn from Chinese investors.

Please read the full article here.

Published 4 June, by Dr Iqbal Survé

CAPE TOWN – The Johannesburg stock Exchange (JSE) needs to “honestly” transform.

The JSE is anti-transformation. The Sekunjalo Group (Sekunjalo) strongly believes this to be the case, with only a minor percentage of black-owned and black managed companies listed on South Africa’s largest exchange in the 25 years since the advent of democracy.

Sekunjalo sees the veracity of its belief in the fact that the JSE appears to have double standards when it comes to dealing with black-owned and managed listed entities. For example, there has been unnecessary and consistent harassment levelled by the JSE at various companies associated to the Sekunjalo Group of late.

Many of these companies have outstanding track records garnered over more than two decades of operation, with some of them listed for a significant period of time.

Please read full article here.

Published 3 June 2019, by Sizwe Dlamini

CAPE TOWN – With only about 3 percent of black-owned companies listed on the JSE, Sekunjalo chairperson Dr Iqbal Survé has accused the exchange of being anti-transformation.

In an interview with Business Report, Survé said the Sekunjalo Group was disappointed at the numerous public statements made by JSE officials in public forums, especially about Sekunjalo investee companies, which include AYO Technology Solutions, Sagarmatha Technologies, African Equity Empowerment Investments and Premier Fishing Brands.

Please read full article here.