Vunani Securities and Vunani Capital Markets are institutional stockbroking companies that trade in equities, derivatives, bonds and the money market.
Together, they make up the group’s investment banking segment and service corporate, parastatal and institutional clients, both locally and internationally.
- Equity, derivatives and related trading is handled by Vunani Securities
- Fixed-interest business offerings in bonds and money market instruments is handled by Vunani Capital Markets.
The segment’s product offering includes equity trading, index futures, single stock futures, currency and interest rate futures, global futures, equity options, over-the-counter stocks and options, transition management, money market instruments, and fixed interest rate instruments. In terms of advisory services, analysts provide daily, weekly and monthly reports to institutional clients and also conduct frequent investment banking roadshows.
It operates in a number of different sectors, including platinum, diversified industrials, transport, financial and industrial, food production, and information technology.
Vunani Securities was established in the late 1990s under the name African Harvest Securities and, over the next decade, acquired Vector Equities, Vector Securities & Derivatives and Kagiso Securities.
The company’s primary objective is to become the foremost independent stockbroking service provider in South Africa. Focused on domestic stocks, it boasts particularly broad coverage in the mid-cap section of the market. Its highly experienced research analysts and advisors offer clients both top-down analysis of the market as a whole and bottom-up research on approximately 90 listed companies.
Vunani Securities Training Academy is recognized as providing exceptional added value to the investment banking skills pool. A unique institution, it annually trains and certifies quality analysts, and already boasts 25 alumni.
The team at Vunani Capital Markets has a deep understanding of the bond market and exceptional bond execution capabilities. The company is also renowned for its high standard of ethics and its uncompromising work ethic.
Vunani Corporate Finance has a rich history of successful transactions in many different sectors, dating back to 1998.
In total, the company has closed transactions worth more than R125 billion.
Services offered to clients include:
- Merger, acquisition and disposal advisory;
- Capital raising (debt, mezzanine and equity finance);
- BEE transactions;
- Transaction structuring; and
- Book builds and share placements.
The company operates across a number of sectors, but its core strength is in mining, BEE structuring and financial services. It has one of the strongest mining sector capabilities in the market as its advisory team is able to provide advice from both a financial and operational perspective.
Clients in this sector have included exploration companies as well as some of the country’s biggest corporates.