Category: Insights

November 5, 2020

The sovereign wealth fund is investing $1.3 billion in Reliance Retail for a 2.04% equity stake in the largest retail chain in India. The investment values Reliance Retail, which was founded in 2006, at $62.4 billion, the Indian firm said. Reliance Retail, which serves more than 3.5 million customers each week (as of early this year) through […]

October 27, 2020

Southern African Venture Capital and Private Equity Association (SAVCA), the industry body and public policy advocate for private equity and venture capital in Southern Africa has announced the appointment of Lelo Rantloane as its new chairman. As founding CEO of Ata Capital, Lelo Rantloane has been serving on the board of SAVCA board for a period of 5 years now and will now ascend as the […]

October 13, 2020

CGIA Institute, a leading global body of finance and investment professionals announces ground-breaking online exams for its Charter program. The organisation will transition ALL THREE LEVELS of the CGIA program exams to computer-based testing beginning in January 2021. Fuelling this transformation are exponential increases in digitized data and the ability to apply enormous compute and […]

October 5, 2020

Harith General Partners has announced Sipho Makhubela as its Chief Executive Officer with effect from September 1, 2020. Sipho Makhubela’s appointment follows Tshepo Mahloele’s (former CEO) request to step aside as Harith’s CEO earlier this year after 14 years of successfully developing signature infrastructure projects on the African continent. “I would like to thank the Board […]

September 7, 2020

Qapita Fintech, a Singapore-based digital management software startup has successfully raised US$1.8 million in seed investment.  The seed round was led by Vulcan Capital with lto Partners Multi Family Office, Atin Kukreja (CEO of Rippledot Capital), Koh Boon Hwee, K3 Ventures, KDV Holdings, Mission Holdings and several Northstar Group Partners, including Patrick Walujo also patronizing. […]

August 20, 2020

Citi Group announces Ireti Samuel-Ogbu as the new and first female country head for Nigeria 36 years of operating in the country. She will replace Akin Dawodu from the 1st of September 2020. She has been serving as the bank’s cluster chief for Sub-Saharan Africa since November 2019. Samuel-Ogbu is described by Citigroup as having a vast wealth of experience and […]

August 4, 2020

Ford Motors makes way for Jim Farley to be named as President and CEO following Jim Hackett’s retirement. Developing news indicates he is retiring, leaving the company three years after being tapped to transform the automaker into a leaner, more competitive, and profitable company while investing in technology and shifting towards electrification, automation, and connectivity. […]

August 3, 2020

UK-based Quotevine outdoors Tom Jones as new Chief Operating Officer (COO). Having spent more than two years as Sopra Banking Software’s chief technology officer (CTO), Jones will lead operations for a much smaller player in fintech. Reporting to CEO Daniel Layne, Jones will oversee Quotevine’s implementation of business strategies and procedures. Quotevine offering is end-to-end […]

FI Sense