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New state-owned company in South Africa to manage R155 billion fund | Mukoko News

HomebusinessNew state-owned company in South Africa to manage R155 billion fund

business1 min readBy Bloomberg

New state-owned company in South Africa to manage R155 billion fund

By Bloomberg·September 23, 2026·South Africa

AI summary

South Africa considers establishing a state-owned company to manage a R155 billion fund following advice from Middle East wealth funds as part of its National Property Company i…

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Middle East wealth funds have advised South Africa to create a fundraising vehicle as part of its National Property Company plans.

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government dean-macpherson middle-east national-property-company state-owned-company south-africa

About this article

Length: 21 words · 1 min read
Published: September 23, 2026
Byline: Bloomberg
Source: BusinessTech