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Updated 1 hour 11 minutes ago South Africa's rand weakened against the dollar on Thursday, falling to a 7-month low after respected Reserve Bank Governor Gill Marcus said she would not renew her contract when her five year term ends in November. Government bonds weakened alongside the currency,...
Despite apparent legitimate reasoning behind State-owned power utility Eskom’s electricity tariff increases, increased costs would undoubtedly hurt those in the lower portion of South Africa’s income distribution, consulting firm Frost & Sullivan Africa energy and...
Geoffrey Qhena
The detailed feasibility study into a $4.5-billion, two-phase steel project planned for development by the Hebei Iron and Steel Group, of China, and South Africa’s Industrial Development Corporation (IDC) should be completed in the first quarter of 2015, IDC CEO...
Infrastructure development on the continent has gained momentum, with a special office to be set up soon, to champion this cause. Cabinet on Thursday announced that it has approved the establishment of the Project Management Office for the African Union Presidential...
The State-owned Industrial Development Corporation (IDC) put a brave face on a decline in financial disbursements during 2014, but acknowledged that it would not meet the R100-billion, five-year approvals target set for it by government in 2010. The development...
Henk Langenhoven
Frequent energy supply shortages and delays in the mitigation of these challenges were likely to change how South Africa was perceived as an investment destination, and would deter potential capital inflows into the country’s steel and manufacturing sectors, Steel...
 
 
 
 
 
 
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