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Maano Capital Pty Ltd, 2013/181382/07 is an authorized financial services provider (FSP 55112) in terms of section 8 of the Financial Advisory and Intermediary Act 37 of 2002. Maano Capital is authorized to provide advice and intermediary services in the following categories: money market instruments, derivative instruments, long and short term deposits, structured deposits, participatory interests in CIS, shares, bonds, debentures and securitized debt, forex investments and short-term commercial insurance. Maano Capital is a registered credit provider NCRCP22459.

Finance News Update | 23 Sep 2026

Writer: Masego M
Masego M
8 minutes ago
3 min read


General Headlines New laws coming to South Africa put R2.2 billion deals on hold South Africa’s digital-asset industry has paused several major deals worth a combined R2.2 billion due to proposed regulations that would bring cryptocurrencies under the country’s exchange-control rules and limit their use in cross-border transactions. The affected deals include private equity investments and initiatives aimed at helping small businesses raise capital and improve corporate treasury management.Industry stakeholders warn that the proposed rules could drive legitimate crypto transactions offshore or into informal markets. South Africa is Africa’s second-largest cryptoasset market, with many businesses using stablecoins to move profits and dividends across borders, particularly in countries facing hard-currency shortages. Tether’s USDT remains the most widely used stablecoin, with transactions on three of the country’s largest licensed crypto exchanges reaching nearly R27 billion in the year to April.(BusinessTech) Markets and Investments

ASI acquires majority stake in Conekt Group ASI Financial Services has acquired a majority stake in Johannesburg-based ICT provider Conekt Group, which will now operate as ASI Connect. The partnership combines Conekt’s 30 years of managed services experience with ASI’s funding, national reach, and transformation credentials.Existing clients will continue working with the same teams but will benefit from expanded services, including infrastructure, cloud solutions, connectivity, workplace support, hardware supply, cybersecurity, and 24/7 monitoring. ASI Connect will provide these services through a single, accountable platform with unified security, cloud operations, and service desk support.The company says its ISO 27001-certified security framework and board-level oversight will help clients meet compliance requirements, including POPIA obligations, while providing audit-ready reporting. The investment also strengthens clients’ transformation goals, as ASI’s Level 1 B-BBEE status and 135% procurement recognition now extend across the full ICT service offering.(EngineeringNews) South Africa’s rand catches a small break The rand weakened against the US dollar after the US Federal Reserve raised interest rates, briefly falling past R16.40/$. However, markets have since stabilised as expectations of another US rate hike have eased. According to Investec Chief Economist Annabel Bishop, there is now only a 50% chance of a US rate increase in October, with the next expected hike likely to come in December. While this has provided some support for the rand, which is trading around R16.20/$, attention has shifted to South Africa, where the South African Reserve Bank (SARB) is widely expected to raise interest rates by 25 basis points. The main reason is rising global oil prices, driven by tensions in the Middle East and the conflict involving the United States and Iran. With oil prices climbing above $100 a barrel, fuel costs are increasing, and petrol prices in South Africa could exceed R30 per litre in October. Economists expect the resulting inflation pressures to prompt the SARB to increase rates at its upcoming meeting. (BusinessTech) Property and Real Estates  Balwin Properties delists from JSE, enters private ownership with PIC and founder team Balwin Properties has entered a new chapter as a privately owned company after completing its 100th residential development in 2025 and delisting from the JSE and A2X. The move follows a R2.26 billion take-private deal that received overwhelming shareholder support, with eligible shareholders receiving R4.35 per share in cash.The company's founder-led management team will remain involved alongside the Public Investment Corporation (PIC), representing the Government Employees Pension Fund (GEPF). Balwin said its time as a listed company helped strengthen its governance, financial discipline, risk management, and reporting standards.During its years on the stock exchange, Balwin delivered around 26,000 apartments, generated R28.3 billion in sales revenue, and returned nearly R1 billion to shareholders through dividends. (PropertyWheel) Inospace to acquire Paarl industrial site for R185m Inospace is set to acquire a 5-hectare industrial property in Paarl from Mpact Limited for R185 million, delivering a first-year yield of 10.2%. The site, to be renamed Paarl Works, includes 29,541m² of lettable space and is fully leased to Versapak on a five-year agreement that began in November 2024.Previously used for manufacturing packaging products, the property features new roofing and rooftop solar installations. Over time, Inospace plans to introduce its multi-let model by adding storage facilities, micro-warehouses, and a business hub as space becomes available.The acquisition forms part of Inospace's broader expansion strategy, which includes recent industrial property purchases in Johannesburg and Cape Town, as well as the rollout of eight new storage sites in Cape Town this year. The transaction remains subject to the release of the existing mortgage bond, with transfer expected in the fourth quarter of 2026. (PropertyWheel)

 
 
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