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Aug 03, 2015
Trade and Industry Minister Rob Davies
Updated 25 minutes ago South Africa should raise the economic growth rate and promote inclusive growth to win the fight against poverty, inequality and unemployment, Trade and Industry Minister Rob Davies said. “For us as a country, industrialisation is fundamental and we need to move-up...
Jul 31, 2015
Embattled South African steel producer ArcelorMittal South Africa (AMSA) has offered insight into the “fair pricing model” it has tabled before government in return for tariff protection and a government stipulation that locally manufactured steel be designated for...
Jul 31, 2015
The mass exit of thousands of Telkom employees came as no surprise, trade union Solidarity said this week. Nearly 2 400 employees had opted for Telkom’s voluntary severance packages (VSPs) and officially parted ways with the embattled company on Friday.
Jul 31, 2015
Africa’s universities and scholars need to take centre stage in the ‘Africa Rising’ narrative, embracing an important role in the development of the African Agenda. This was the message Gauteng Premier David Makhura imparted to delegates at the inaugural two-day...
Jul 30, 2015
The South African Civil Aviation Authority (SACAA) has announced that it had awarded the country’s first remotely piloted aircraft systems (RPAS) pilot’s licence. It was issued on Friday, July 10, to SACAA employee and qualified commercial pilot Nicole Swart,...
Jul 30, 2015
The South African National Civic Organisation (Sanco) opened its first national head office earlier this month, which it believes will provide more accessibility to communities and provide them with information on various socioeconomic issues within the country.
Jul 30, 2015
With the future of manufacturing still a point of concern in South Africa, multinational professional services firm Deloitte manufacturing industry leader Karthi Pillay believes that in order to advance manufacturing in the country, better understanding of the...
Jul 30, 2015
Article contains comments
Mark Cutifani
In a hard-hitting address, Anglo American CEO Mark Cutifani lamented the decline in the competitiveness of South Africa's mining industry and warned that the “trust deficit” between government, the industry and labour would need to be urgently overcome if the country...
Jul 30, 2015
Jul 30, 2015
Jul 30, 2015
Jul 30, 2015
 
 
 
Jul 30, 2015
Thabo Mbeki
One of the major tasks which faced universities was advocacy to convince the political class in Africa that institutions of learning are “indeed situated at the centre of the African development agenda” and therefore need new significant investment to improve their...
Jul 30, 2015
The Property Valuation Act – which would see an independent statutory body determining the purchase price of land sought by the State for expropriation – comes into effect on Saturday, August 1, President Jacob Zuma’s office said on Wednesday. “The Act aims to,...
Jul 29, 2015
Not only were new oil and gas (O&G) discoveries in East Africa a catalyst for investment into road, rail and pipeline infrastructure, but they also contributed to the region’s economic growth, with growth of 5.5% projected for this year and an estimated 6% to 7% for...
Jul 29, 2015
Transnet has won the 2014 Nkonki State-Owned Company (SOC) Integrated Reporting Award for the best performer. Assurance and advisory firm Nkonki on Wednesday released the findings of its 2015 review of integrated reporting by South African SOCs. The report, titled...
Jul 29, 2015
Article contains comments
Escalating electricity costs, shortage of electricity and a lack of backup power during load-shedding are eating into South African farming profit margins and even threatening the survival of some sectors of the agriculture industry, says Nedbank. As such, the bank,...
Jul 29, 2015
Article contains comments
Unemployment in South Africa has decreased a notch as the public and informal sector supported more job creation in the second quarter of the year, the latest Statistics South Africa (Stats SA) survey has found. However, nearly half of the country’s 36-million...
Jul 29, 2015
The South African Chamber of Commerce and Industry (Sacci) has appointed former Land and Agricultural Bank head Alan Mukoki as its new CEO, effective August 1. Mukoki offered several years’ experience at the senior executive level, having occupied directorship...
Jul 29, 2015
US President Barack Obama flew out of Kenya leaving behind a confident administration of President Uhuru Kenyatta, a deflated opposition, and a group of loaded businessmen, firms and venture capitalists following the signing of multi-billion-shilling contracts....
Jul 29, 2015
Zimbabwe's tax collections were six% below target during the first half of the year while mining royalties and value added tax plunged, reflecting a struggling economy, the tax agency said on Wednesday. The southern African country's economy, where mining contributes...
Jul 29, 2015
Article contains comments
Tourism Minister Derek Hanekom
Tourism Minister Derek Hanekom has told Talk Radio 702's John Robbie that Cabinet has appointed a task team to look into the damage being caused to tourism by tough new entry requirements imposed by Home Affairs Minister Malusi Gigaba. Hanekom said that he supported...
 
 
 
 
Jul 28, 2015
The Portfolio Committee on Energy on Tuesday welcomed the resignation of PetroSA chairperson Nonhlanhla Jiyane, but maintained that the entire PetroSA board should resign and be reconstituted, following months of financial mismanagement. Jiyane’s resignation had...
Jul 28, 2015
Article contains comments
The emerging social order will see Africa build its megacities; however, South Africa’s economic powerhouse, Johannesburg, would likely fall to the wayside as other emerging cities on the continent take the stage as “cities of opportunity”. Africa was poised to...
Jul 28, 2015
Business Unity South Africa (Busa) will, in August, host the Women in Business Master Class Series and the Women on Board Training, to commemorate Women’s Month and promote and embrace transformation in the workplace.
Jul 28, 2015
Article contains comments
Jul 28, 2015
Article contains comments
ANC secretary general Gwede Mantashe
The ANC wants the government to urgently attend to the apparent crises within its state-owned companies - but the problem must not be focused on individuals, secretary general Gwede Mantashe said on Monday. "The state-owned companies remain critical economic levers...
Jul 27, 2015
Supermarket chain Pick n Pay has vowed to create 20 jobs every day through a new 20, 20, 20 by 2020 programme that would also see the firm simultaneously cut energy use and reduce waste. The newly launched “war on waste” campaign would target food waste, energy...
Jul 27, 2015
Article contains comments
The sharp decline in commodity prices is, on balance, negative for the outlook for the South African rand, new bank research shows, with lower oil prices being more than offset by lower mineral and metals prices. Standard Bank head of South African research Walter de...
Jul 27, 2015
Jul 27, 2015
Article contains comments
Western Cape Economic Opportunities Minister Alan Winde
The Western Cape provincial government is seeking to increase the value of Halal exports by $31-billion by 2020, through a proposed Halal agroprocessing food park that will allow the province to double its share of the “fast-growing” market. The R1-billion park, if...
Jul 27, 2015
Article contains comments
Gwede Mantashe
The African National Congress (ANC) on Monday called on mine companies to review their plans to cut thousands of jobs as it would worsen the struggling South African economy. “Those companies that are set to retrench, such as Lonmin, are called upon to review their...
 
 
 
 
Jul 27, 2015
Article contains comments
DA leader Mmusi Maimane
South Africa is not a failed state as some people are claiming, and it can be changed for the better if the Democratic Alliance (DA) is voted into power, party leader Mmusi Maimane said on Sunday. "South Africa is at a critical juncture in its history. Our economy is...
Jul 24, 2015
The Department of Higher Education and Training (DHET) on Friday hosted the official send-off of delegates for the biennial WorldSkills International Competition, in Sao Paulo, Brazil, form August 11 to 16. The competition hosted tens of thousands of skilled young...
Jul 24, 2015
The deteriorating inflation outlook and South Africa’s attempts to remain ahead of US rate hikes had supported the South African Reserve Bank’s (SARB’s) Monetary Policy Committee (MPC) decision to lift the interest rates to 6%. Despite the potential hit to indebted...
Jul 24, 2015
Despite warning of a tough 12 months ahead and charting its intention to cut over 6 000 jobs across its international asset portfolio, global miner Anglo American has maintained an interim dividend of $0.32 a share for the six months ended June 30. The diversified...
Jul 24, 2015
Lonmin CEO Ben Magara
As platinum prices fall to decades-low levels, Lonmin is shaking up its business strategy to ride out the storm with minimal damage – a move that would impact 6 000 employees and cut up to 20% of production as shafts are shuttered. The platinum price plunged by 14.4%...
Jul 24, 2015
Metalworkers' union the National Union of Metalworkers of South Africa (Numsa) says it has exhausted all efforts to try to reclaim the Congress of South African Trade Unions (Cosatu) and it is now ready to begin building a new trade union federation. "The Numsa NEC...
Jul 23, 2015
DIMITRI MARKOULIDES An innovation champion must involve employees in innovation projects and keep them updated to enable them to support and drive innovation and create the future of the business
An innovation champion course that trains executives to manage innovation in their organisations aims to help companies grow revenue streams and tap new markets, says business change management consultancy BMGI South Africa innovation practice lead Dimitri...
Jul 23, 2015
MOULDING MINDS The Zest WEG Group has training facilities in Johannesburg, Durban, Cape Town, Rustenburg and most recently opened its Middelburg facility
Motors, controls and electrical products supplier and solutions provider Zest WEG Group has thus far donated equipment and finances to the value of R3.7-million this year and, through its various learnership programmes currently give 18 individuals the opportunity to...
Jul 23, 2015
Illegitimate training institutions falsely claiming to offer Engineering Council of South Africa- (ECSA-) accredited continuing professional development (CPD) courses are having a detrimental impact on the credibility of legitimate training providers, says...
Jul 23, 2015
Namibia would see significant economic benefits if the country, along with some other African states, implemented the Yamoussoukro Decision on liberalising intra-African air transport. So concludes a report by independent economics consultancy InterVISTAS,...
 
 
 
 
Jul 23, 2015
CLEANTECH RISING Semifinalists of Unido's Global Cleantech Innovation Programme undergo a training and mentorship programme to help develop their SMEs
Twenty-eight teams, which were announced earlier this month, have reached the semifinals of the South African leg of the 2015 United Nations Industrial Development Organisation’s (Unido’s) Global Cleantech Innovation Programme for small and medium-sized enterprises...
Jul 23, 2015
ASSEMBLY LINE Growth is expected in South Africa’s motor vehicle manufacturing industry
The outlook for the South African motor vehicle manufacturing industry in 2015 is modestly positive, with an expected marginal volume increase of up to 3% in domestic sales, says National Association of Automobile Manufacturers of South Africa director Nico...
Jul 23, 2015
IMPROVING THE ARTISAN The formation of two training certification bodies in 2010 will result in the quality of artisanal training improving significantly in the next two years
South Africa’s education system is facing a major dilemma, with one of the dominant problems being the industry’s focus on increasing the number of tertiary students, instead of improving the quality of education, says black-empowered training company the Artisan...
Jul 23, 2015
CRADLE TO CAREER Afrika Tikkun Services strives to provide South Africa’s youth with the opportunity to break the cycle of poverty
South African social enterprise Afrika Tikkun Services (ATS) is determining the requirements for entry- and advanced-level training, as well as for staff upskilling, of Johannesburg-based pressed steel water tank manufacturers Branch Engineering. ATS business...
Jul 23, 2015
Article contains comments
International packaging and paper group Mondi on Thursday signed a settlement agreement with Department of Rural Development and Land Reform for land claims lodged by the Mkhuzane community for land in the Richmond area and the Nodunga community for land in the...
 
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