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Apr 29, 2016
   
One of the key messages to emerge ahead of the review of South Africa’s sovereign credit rating is that the country needs to outline the practical actions it will take to reignite growth, which has more or less petered out in recent years, with few expecting the...
 
Apr 29, 2016
Apr 29, 2016
Jacob Zuma
South Africa's High Court on Friday ruled that a 2009 decision to drop 783 corruption charges against President Jacob Zuma should be reviewed, another setback for the scandal-ridden leader, who faces calls for his resignation. The decision to set aside the charges...
Apr 29, 2016
South Africa's trade balance swung to a R2.92-billion ($206.10million) surplus in March from a revised R1.27-billion deficit in February, the national revenue agency said on Friday. Exports were up by 6.3% to R96.13-billion on a month-on-month basis, while imports...
Apr 29, 2016
Multinational brewing and beverage company AB InBev has submitted an updated package of commitments to the European Commission (EC) in which it has offered to divest the entirety of JSE-listed SABMiller’s businesses in central and eastern Europe. This was in addition...
Apr 29, 2016
Cabinet has approved the Industrial Policy Action Plan (Ipap) 2016/17 to 2018/19, which seeks to achieve a higher-impact industrial policy in difficult economic circumstances, including the difficulties faced by the domestic steel industry and the drought which has...
Apr 29, 2016
The Department of Environmental Affairs on Thursday handed over a three-year R40 million agreement to the Walter Sisulu University for a water research programme. University spokesperson, Yonela Tukwayo, said in a statement that the programme was aimed at curbing...
Apr 29, 2016
The South African Council for the Architecture Profession (Sacap) has appointed a task team to increase the participation of women in the architectural profession and deal with the gender imbalance of registered professionals. The new Women in Architecture South...
Apr 29, 2016
Cabinet has extended the contract of director general of finance Lungisa Fuzile for another five years, Minister in the Presidency Jeff Radebe said on Friday. The renewal of Fuzile’s contract was reported to hang in the balance after President Jacob Zuma reshuffled...
 
Apr 29, 2016
Environmental Affairs Minister Edna Molewa
Cabinet has extended the contract of Department of Environmental Affairs (DEA) director-general Nosipho Ngcaba and approved the appointment of Limpho Makotoko as the new DEA COO.     “Under the leadership of Ngcaba, the DEA has consistently received clean and...
Apr 29, 2016
Atul Gupta
Cabinet expects to get a report on the ANC’s internal investigation into allegations that the Gupta family are influencing government decisions within a fortnight, Minister in the Presidency Jeff Radebe said on Friday. “There is a process taking place from the ANC’s...
Apr 29, 2016
Mzwandile Masina
The Department of Trade and Industry (DTI) has invited companies to participate in a trade and investment mission to Ghana and Nigeria from August 8 to 12.   Companies in the agriculture and agroprocessing sectors, built environment professionals, automotive and...
Apr 29, 2016
The African Development Bank (AfDB) has approved a $76.2-million (P850-million) loan to help Botswana fund new investment in agri-business, clean energy, services, infrastructure and manufacturing as part of efforts to broaden the country’s narrow economic base and...
Apr 29, 2016
South Africa's rand extended its gains against dollar on Friday to hit a five-month high after a court ruled that a 2009 decision to drop 783 corruption charges against President Jacob Zuma was irrational and should be reviewed. The rand hit a high of 14.1650 per...
Apr 28, 2016
In an attempt to maintain a pro-poor stance on public spending aimed at improving social development, the City of Ekurhuleni will inject R3.5-billion of its 2016 budget for into its community empowerment package, Mintirho Ya Vula Vula. Tabling the budget vote for the...
Apr 28, 2016
African private equity firms cashed in on investments last year at the highest rate in almost a decade, with South Africa, Egypt, Nigeria and Kenya accounting for two-thirds of these exits. Equity firms sold investments in 44 companies in 2015, compared to 39...
Apr 28, 2016
Transnet’s Phelophepa I and II healthcare trains are on track to reach their 12-millionth patient by the end of September, Transnet chairperson Linda Mabaso reports. To date, the ‘clinics-on-wheels’ have reached a combined 11.7-million patients since inception in...
 
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