Finance · South Africa
SA Gains Afreximbank Funding and Lesaka Technologies Progress
Moneyweb · 2026/02/05
Summary
Tonight’s business update covers key developments in South Africa’s financial sector. Lesaka Technologies provided an important update, showing progress in its operations, which could impact its market position. South Africa has also secured membership and funding from the African Export-Import Bank (Afreximbank), a crucial move that can support local businesses with better access to finance and boost trade across the continent. Experts from Denker Capital shared insights into this partnership’s potential to improve economic stability and growth. Additionally, Sanlam Private Wealth reviewed recent market movements, highlighting shifts that investors should watch. Allianz Trade explained South Africa’s current debt situation, providing a clearer picture of the nation’s financial health. Lastly, there is an inspiring story about a new online florist company built on love, showing how small businesses can thrive by focusing on customer care and creativity.
OnABudget takeaway: With Afreximbank’s support, local businesses may find new funding opportunities, aiding growth and job creation. Consumers and investors should monitor these developments as improved financial stability could lead to better economic prospects.