Mmegi

Ninety One eyes P2bn in private credit opportunities

Seeing opportunities: Ninety One is hunting for returns and impact in the local market
Seeing opportunities: Ninety One is hunting for returns and impact in the local market

Leading asset manager, Ninety One, is seeing opportunities in the market’s liquidity crunch and has a pipeline of up to P2 billion for private credit deals, mainly around infrastructure.

The local financial market has been weighed down by a liquidity crisis since last year, mainly owing to reduced government spending amidst the prolonged downturn in diamonds.

Private credit, meanwhile, which involves non-bank entities such as pension funds and their asset managers lending money to companies as opposed to traditional bank credit, is a growing alternative in the country.

Editor's Comment
Child protection needs more than prevailing laws

The rise in defilement and missing persons cases, particularly over the recent festive period, points not merely to a failure of policing, but to a profound and widespread societal crisis. Whilst the Police chief’s plea is rightly directed at parents, the root of this emergency runs deeper, demanding a collective response from every corner of our community. Marathe’s observations paint a picture of neglect with children left alone for...

Have a Story? Send Us a tip
arrow up