• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home highlights

The JSE welcomes Africa’s first sustainability-linked bond

4 years ago
in highlights, Home, home-news, latest News, Markets
1 min read
0 0
0
74
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

RelatedPosts

President Mahama Removes Chief Justice Torkornoo from Office Over Stated Misbehaviour

Liverpool Set to Break British Record with Alexander Isak Signing on Deadline Day

Morocco Poised to Make History as First African Qualifiers for the 2026 World Cup

Leading South African private healthcare provider, Netcare, in partnership with Standard Bank has listed the continent’s first self-labelled sustainability-linked bond on the Johannesburg Stock Exchange (JSE).

Netcare together with Standard Bank raised a R1 billion, 3-year, unsecured note priced at 5.4% (3 Month Jilbar +175bps). These funds raised through the bond will enable the healthcare group to fulfil its sustainability objectives of reducing its carbon footprint by procuring more renewable energy and further improving its water efficiency, among other things.

The coupon rate of these bonds is linked to the issuer’s achievement of certain pre-agreed sustainability performance targets. In the event that Netcare achieves its sustainability targets linked to the bond, the Group will benefit from a lower interest rate, thereby directly linking its sustainability performance with its cost of capital.

“As a champion of sustainability and sustainable economic growth, the JSE welcomes the Netcare and Standard Bank partnership which has debuted Africa’s very first sustainability-linked bond. We are thrilled to see organisations working towards building a low carbon economy and creating a sustainable future for all,” says Sam Mokorosi, Head of Origination and Deals at the JSE.

The JSE has introduced several sustainability initiatives over the years. In 2004, the bourse introduced the first exchange-sponsored sustainability index globally, which was also the first sustainability index in emerging markets.

The JSE is also a signatory to the United Nations-backed Principles for Responsible Investment and a founding partner of the Sustainable Stock Exchanges Initiative (SSE).

Source: african-markets
Via: norvanreports
Tags: Johannesburg Stock Exchange (JSE)Standard BankSustainable Stock Exchanges Initiative (SSE).
No Result
View All Result

Highlights

Prof. Bokpin Faults Ghana’s Budget Framework for Rewarding SOE Underperformance

Ghana Becomes Dangote Refinery’s Latest Crude Source as Refinery Hits 70% Capacity

GHS 395 Billion Asset Value of SOEs Formed 33.5% of Ghana’s GDP in 2024

JVCs Post GHS1.51bn Profit, Assets Rise 39.9% in 2024 – SIGA Report

Gulf Countries Respond to U.S. Trade Pressure With Trillion Dollar Plans

Wall Street Forecasts Oil in the $50s Next Year

Trending

Features

President Mahama Removes Chief Justice Torkornoo from Office Over Stated Misbehaviour

September 1, 2025

President Mahama Removes Chief Justice Torkornoo from Office Over Stated Misbehaviour President John Mahama has dismissed Chief...

Liverpool Set to Break British Record with Alexander Isak Signing on Deadline Day

September 1, 2025

Morocco Poised to Make History as First African Qualifiers for the 2026 World Cup

September 1, 2025

Prof. Bokpin Faults Ghana’s Budget Framework for Rewarding SOE Underperformance

September 1, 2025

Ghana Becomes Dangote Refinery’s Latest Crude Source as Refinery Hits 70% Capacity

September 1, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.