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Sep 30, 2014
Mauritius has been ranked first in the Ibrahim Index of African Governance (IIAG) 2014 for the eighth consecutive year, while South Africa ranked fourth overall and third in the region. Among the 52 countries rated by the Mo Ibrahim Foundation, Mauritius scored the...
Sep 30, 2014
Article contains comments
The Companies and Intellectual Property Commission (CIPC) says it is encouraged with the response to its new look and online transaction website. The new website was launched on 17 September, and the commission says it has received both positive and negative feedback.
Sep 30, 2014
Trevor Manuel
Former Cabinet Minister Trevor Manuel, who retired from public office earlier this year after having served in Cabinet for 20 years, has joined financial advisory group Rothschild as senior adviser and deputy chairperson of Rothschild in South Africa. He will take up...
Sep 29, 2014
Article contains comments
The number of people employed in the formal, nonagricultural sector of the South African economy increased by about 155 000 people, or 1.8%, from March to an estimated 8.67-million employees in June, Statistics South Africa’s (Stats SA’s) latest Quarterly Employment...
Sep 29, 2014
During the three months ended June 30, the total turnover of all industries in the South African economy, excluding agriculture, financial intermediation, insurance and government institutions, declined by 0.5% quarter-on-quarter to R1.86-trillion, with the mining...
Sep 29, 2014
Purchases of electricity by municipalities increased by 27.8% quarter-on-quarter for the three months ended June 30, to R15.26-billion, while purchases of water increased by 1.4% over the period, data released by Statistics South Africa (Stats SA) on Monday, has...
Sep 26, 2014
Finance Minister Nhlanhla Nene
Finance Minister Nhlanhla Nene expressed confidence on Thursday in the new South African Revenue Service (Sars) commissioner chosen by President Jacob Zuma. "I present him to you as our brand new commissioner of Sars," Nene said, indicating Thomas Moyane.
Sep 26, 2014
INDUSTRY DECLINE Without significant amendments to the preferential policy, the aluminium and scrap beneficiation industry will continue to decline
The secondary aluminium industry has remained uncompetitive in the world market of beneficiated aluminium products, despite the directive of the preferential pricing on scrap metal, issued by the Department of Economic Development in September last year, Non-Ferrous...
Sep 26, 2014
Sep 26, 2014
Sep 26, 2014
Sep 26, 2014
 
 
 
Sep 26, 2014
There can be no doubt that the rise of China – or, more accurately, its return to its traditional place as one of the greatest powers in the world – remains a process that causes worldwide fascination. It is undoubtedly the most profound development of our time. And...
Sep 25, 2014
Article contains comments
The Department of Health (DoH) has, through the creation of the Ebola Response Fund, set a goal of raising R250-million to coordinate and manage relief assistance for African countries affected by the ebola virus outbreak, which has, thus far, caused some 2 600...
Sep 25, 2014
Black economic-empowerment (BEE) advisory firm EconoBEE has called on Trade and Industry Minister Dr Rob Davies to provide clarity on the status of BEE sector codes, qualifying small enterprise (QSE) codes and amended BEE codes, which will come into effect on May 1,...
Sep 25, 2014
Labour union Solidarity says it intends to challenge State-controlled technology company Technology Innovation Agency’s (TIA’s) plans to embark on a retrenchment process, saying it would look to find “sensible solutions” to the company’s problems. The trade union...
Sep 25, 2014
Article contains comments
Trade and Industry Minister Dr Rob Davies
Trade and Industry Minister Dr Rob Davies believes South Africa should mimic the Japanese model of developing small manufacturing enterprises in close geographical proximity to large industries, thereby enabling small industrialists to supply inputs directly into the...
Sep 25, 2014
President Jacob Zuma
Africa continued to lag behind in the implementation of the Millennium Development Goals (MDGs), President Jacob Zuma told the United Nations general assembly in New York. This was despite the continent's move to adopt the New Partnership for Africa Development...
Sep 23, 2014
Article contains comments
President Jacob Zuma has appointed development economist Thomas Swabihi Moyane as a South African Revenue Services (Sars) commissioner, effective September 27. The Presidency said in a statement that Moyane would bring more than 30 years’ experience to the position,...
Sep 19, 2014
Sacci CEO Neren Rau
The South African Chamber of Commerce and Industry (Sacci) on Friday expressed concern about the marked increase in crimes against business, evident in the 2013/14 crime statistics released by the South African Police Service (SAPS). Sacci CEO Neren Rau said the 13%...
Sep 19, 2014
E-LEARNING SAMTRAC has been NOSA’s flagship training product since the 1960s
Johannesburg-based occupational health, safety and environmental (HSE) risk-management company NOSA has recently launched an HSE e-learning course that focuses on the mining industry, namely SAMTRAC for Mining, which complements the general industry course launched...
Sep 19, 2014
South African private-sector defence group Paramount recently announced a series of major initiatives to strengthen its position in the local aerospace, defence and maritime sectors. Group Executive Chairman Ivor Ichikowitz told a media briefing that the enterprise...
 
 
 
 
Sep 18, 2014
Article contains comments
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...
Sep 18, 2014
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...
Sep 18, 2014
Herman Mashaba
A minimum wage discussion paper released by the Durban Chamber of Commerce and Industry (DCCI) outlined that minimum wage laws posed a significant inflationary risk to the macroeconomy, but acknowledged that sectoral minimum wages might yield positive results. This...
Sep 18, 2014
Article contains comments
Lionel October
A leading government official offered German companies – which had collectively invested R25.7-billion into South Africa since the financial crisis alone – an assurance that they had “nothing to fear” as a result of government’s decision to terminate its bilateral...
Sep 18, 2014
Article contains comments
The National Employers’ Association of South Africa (Neasa) will lodge an urgent application in the Labour Court in Johannesburg to stop the Metal and Engineering Industries Bargaining Council (MEIBC) from requesting Labour Minister Mildred Oliphant to extend the...
Sep 17, 2014
Article contains comments
The Department of Public Service and Administration has announced that stiffer rules are being introduced to tighten the management of ethics and integrity in government. Briefing the Portfolio Committee on Public Service and Administration in Parliament on...
Sep 17, 2014
Article contains comments
While the ongoing theft of copper cable continues to cost the economy billions of rands a year, government says it has placed tightening laws to deal with the problem high on its agenda. "The high prevalence of cable theft, in particular copper theft, and its...
Sep 17, 2014
Financial services firm FNB and supplier development company Edge Growth on Wednesday launched the R200-million Vumela 2.0 enterprise and supplier development (ESD) programme, in Sandton, to help develop and grow sustainable small and medium-sized enterprises (SMEs)...
Sep 16, 2014
Hundreds of innovators and entrepreneurs have gathered in Cape Town to discuss how to support more innovation in South Africa in a bid to drive the economy forward. Venture capitalists, dealmakers, entrepreneurs and academics have been mingling at the South African...
Sep 16, 2014
The University of Cape Town (UCT) has maintained its upward trend in the yearly Quacquarelli Symonds (QS) World University Rankings, moving up four places to 141 for the 2014/15 ranking cycle. The QS World University Rankings compare the top 800 institutions around...
 
 
 
 
Sep 15, 2014
Article contains comments
The skills level of black African workers has not increased as it should have over the past 20 years, with the skills level of black youth aged 25 to 34 having regressed, Statistics South Africa (Stats SA) statistician-general Pali Lehohla said on Monday. Releasing...
Sep 15, 2014
Finance Minister Nhlanhla Nene
Finance Minister Nhlanhla Nene reported on Monday that nonstrategic government assets had been identified within various government departments that could be used to support an equity injection into the financially strained State-owned electricity producer, Eskom....
Sep 12, 2014
The Department of Trade and Industry (DTI) aims to improve the enforcement of localisation by having the Auditor General flag as “irregular expenditure” any flouting of buy-local procurement rules by government departments and State-owned companies. Preferential...
Sep 12, 2014
Article contains comments
Trade and Industry Minister Dr Rob Davies
Trade and Industry Minister Dr Rob Davies confirmed on Friday that the Hebei Iron and Steel Group, of China, was set to partner with the State-owned Industrial Development Corporation (IDC) on the development of steelmaking capacity based on the raw material...
Sep 12, 2014
India’s largest commercial bank, The State Bank of India (SBI), plans to grow its footprint in Africa, retaining focus on corporate business, its South African customers and secured small, medium-sized and microenterprises, SBI international banking MD Krishna Kumar...
Sep 12, 2014
OWEN SKAE Business and sustainability can work together harmoniously
Sustainability provides unparalleled opportunities for organisations; it helps them to become competitive, resilient, and able to grow and create long term value says Rhodes Business School director Owen Skae. He says the school has been focusing on sustainability...
Sep 12, 2014
The Coega Development Corporation (CDC) is preparing to leverage its strategic coastal position to develop the Eastern Cape economy through proposed aquaculture development zones (ADZs), with a proposed R2-billion project aiming to contribute $278-million to the...
Sep 12, 2014
Rope access provider Skyriders, in conjunction with dedicated working-at-height training provider Height Wise Training Academy, started offering accredited confined-space training in July. The training aims to prevent accidents and negligence in confined-space...
Sep 12, 2014
DR COBUS OOSTHUIZEN Leaders must be honest, have foresight and should lead by example
This year, Belgium-headquartered worldwide partnership of companies and business schools and learning organisations the Globally Responsible Leadership Initiative reaffirmed the need for business schools to do more to influence students to make ethical decisions and...
Sep 12, 2014
YOGAVELLI NAMBIAR SMEs need to be supported to be sustainable, to grow and to thrive
Small business development received a boost with the launch of the Gordon Institute of Business Science’s (GIBS’) Enterprise Development Academy (EDA) at the business school’s campus in Illovo, Johannesburg, last month. “Government’s National Development Plan...
 
 
 
 
Sep 12, 2014
PFUNGWA SERIMA SAP Africa’s focus over the next year will be on knowledge transfer and skills development, coverage and partnerships
Enterprise resource planning giant SAP will invest $500-million in its African operations until 2020, with the short-term aim of broadening its skills development initiatives and local presence on the continent, says SAP Africa CEO Pfungwa Serima. “Each quarter, SAP...
Sep 12, 2014
Steve Bluen We teach business leaders to be critical thinkers and how to anticipate future events
The TopMBA Global 200 Business Schools Report 2013/2014 ranks the University of the Witwatersrand’s (Wits’) Business School (WBS) at number two in the Africa and Middle East region. School head professor Steve Bluen says one of the reasons why the business school...
Sep 12, 2014
FRIK LANDMAN With the help of partnerships, we want to establish an advanced network of learning throughout Africa
The newly established Transnet Centre for Business Management of Projects (TCBMP) at the University of Stellenbosch Business School (USB), in the Western Cape, will improve the training of project managers in the country, says management development company USB...
Sep 12, 2014
DINESH KUMAR Strategic use of procurement to support local production and services will benefit from the development of specialist procurement skills in Africa
Procurement is recognised as an increasingly strategic function of organisations that can add significant value to the procurement spending of African countries and companies, but requires skills and knowledge, says advisory firm KPMG South Africa associate director...
Sep 12, 2014
Height safety consulting and training provider Height Wise, a subsidiary of rope access provider Skyriders, has trained more than 1 200 people from several industries, including Africa’s mining, telecommunications and energy sectors, in the basic principles of the...
 
 
 
 
 
 
 
 
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