R500m - eriinfo

MultiChoice-backed Wetility secures R500m funding

eriinfo.com2 months ago04 mins

Wetility and Jaltech anticipate this deal will enable the deployment of solar energy to hundreds of thousands more homes and businesses. MultiChoice-backed solar-as-a-service provider Wetility has successfully secured a R500 million structured capital partnership with Jaltech, a funder of solar energy projects in South Africa. Wetility says the transaction marks a milestone in the company’s…

Crypto players call for reforms to unlock over R500m in extra tax

eriinfo.com2 months ago09 mins

Aligning digital asset classification with onshore status could strengthen SA’s position in the fast-evolving digital finance space. South African crypto-currency players are calling for regulatory changes that will see digital currencies being declared onshore assets in the country. They note South Africa’s regulatory grey zone around digital currencies may be holding back significant investment potential….