Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Politics › A $240 Billion Asset Manager Plans to Back Johannesburg Revival
Politics

A $240 Billion Asset Manager Plans to Back Johannesburg Revival

Bloomberg Technology Friday 09 October 2026, 06:30 UTC By Jennifer Zabasajja and Loni Prinsloo 1 min read
Key Points

A $240 Billion Asset Manager Plans to Back Johannesburg Revival A $240 billion global asset-management firm with South African origins will financially back infrastructure projects to reverse the decay of Johannesburg, the continent’s financial capital. “The major city in the country needs to be turned around,” Ninety One Plc Chief Executive Officer Hendrik du Toit said in an interview on Bloomberg Television. “It has been appallingly managed” and his firm is “making plans to help — not just...

A $240 Billion Asset Manager Plans to Back Johannesburg Revival A $240 billion global asset-management firm with South African origins will financially back infrastructure projects to reverse the decay of Johannesburg, the continent’s financial capital. “The major city in the country needs to be turned around,” Ninety One Plc Chief Executive Officer Hendrik du Toit said in an interview on Bloomberg Television. “It has been appallingly managed” and his firm is “making plans to help — not just us, but within our ecosystem.”
Back Johannesburg Revival (ORG) South African (ORG) Johannesburg (LOCATION) Plc (ORG) Hendrik du Toit (PERSON) Bloomberg Television (ORG)
Originally published by Bloomberg Technology Read original →

Related Stories

Carney says Canadians will decide their future after Elon Musk calls for separatism

Carney says Canadians will decide their future after Elon Musk calls for separatism Canadian Prime Minister Mark Carney says that Canada’s future will be decided by Canadians - Bookmark Become an Independent member to bookmark this article Already a member? Log in Canadian Prime Minister Mark Carney said Thursday that Canada’s future will be decided by Canadians, pushing back on Elon Musk's call for Quebec, Alberta and Saskatchewan to separate from Canada. “The future of Canada will be...

The Independent World 11m ago

Polanski questioned on Green Party's Zionism motion

The Green Party leader speaks to BBC Breakfast after he lost the Holborn and St Pancras by-election.

BBC Politics 12m ago

Palantir’s Tom Watson says ‘mob rule’ must not dictate awarding of government contracts

Former Labour deputy leader says tech firm would work with a Reform UK government on immigration crackdowns if situation aroseTom Watson, the former Labour deputy leader who recently joined Palantir, has warned against “mob rule” when it comes to awarding public contracts. Lord Watson, now a senior vice-president at the US tech corporation, warned UK ministers could get themselves “in a lot of trouble” as he was questioned about concerns raised about the government working with his new employer.

The Guardian Health 17m ago

Palantir’s Tom Watson says ‘mob rule’ must not dictate awarding of government contracts

Former Labour deputy leader says tech firm would work with a Reform UK government on immigration crackdownsTom Watson, the former Labour deputy leader who recently joined Palantir, has warned against “mob rule” when it comes to awarding public contracts. Lord Watson, now a senior vice-president at the US tech corporation, warned UK ministers could get themselves “in a lot of trouble” as he was questioned about concerns raised about the government working with his new employer.

The Guardian UK 17m ago