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Macro & Micro
 
GREEN INDUSTRY

IDC plans to inject R11,7bn into green industries by 2015 Restricted

South Africa's State-owned Industrial Development Corporation (IDC) plans to inject R11,7-billion into ‘green' industries over the next five years as part of a larger R100-billion disbursement plan between 2010 and 2015. CEO Geoffrey Qhena...
By: Terence Creamer
15 Jul 10
 
 
DEVELOPMENT FINANCE

Disappointed by fall off in approvals, IDC sets R100bn five-year target Restricted

IDC CEO Geoffrey Qhena South Africa's State-owned Industrial Development Corporation (IDC) reported funding approvals of R9,4-billion for the year to March 31, 2010, down from the R10,8-billion approved in the previous financial year. The decline in approvals was the...
By: Terence Creamer
15 Jul 10
 
 
ECONOMIC LEADERSHIP

Government, business seek to sustain World Cup momentum Restricted

The South African government on Tuesday met with the country's business leadership to further build on the positive sentiment created by the successful hosting the first FIFA World Cup on African soil. Speaking after the meeting in Pretoria,...
By: Loni Prinsloo
13 Jul 10
 
 
TRADE ACTIVITY

Trade conditions tighten – Sacci Restricted

Trade conditions have tightened, the SA Chamber of Commerce and Industry (Sacci) said on Tuesday as it released the results of its Trade Conditions Survey for June 2010. The Trade Activity Index (TAI), which reflects current trade conditions,...
By: Sapa
13 Jul 10
 
 
STADIUM INFRASTRUCTURE

The stadium showdown: Soccer City vs Bird's Nest Restricted

Any doubts about the building prowess of South Africa's construction industry were dispelled decisively by the impressive delivery of the World Cup stadiums ahead of the 2010 FIFA tournament, which reached its dramatic conclusion late on Sunday...
By: Terence Creamer
12 Jul 10
 
 
EMPLOYMENT

Fall in rate of employment slows – survey Restricted

The fall in the rate of employment slowed between May and June 2010, a survey released on Monday showed. According to the Adcorp Employment Index, the rate of employment fell to a marginal annualised rate of 0,26% in June after a steep fall of...
By: Sapa
12 Jul 10
 
 
ENGINEERING & TECHNOLOGY

Siemens to invest €200m in Africa by 2012 as it targets sales of €3bn Video Available Restricted

Siemens global CEO Peter Loescher and Siemens Southern Africa CEO Stuart Clarkson. Global technology group Siemens announced on Friday that it would invest €200-million (about R2-billion) in Africa by 2012, about €100-million of which would be directed to South Africa, in a bid to create the platform for a trebling of sales...
By: Terence Creamer
09 Jul 10
 
 
MANUFACTURING

Manufacturing output expands 7,9%, growth may slow Restricted

South Africa’s manufacturing output grew by 7,9% year-on-year in May and while this was lower than the 8,7% year-on-year growth in April, it was not necessarily as a result of economic weakness, an economist has said. Absa Capital senior...
By: Chanel de Bruyn
08 Jul 10
 
 
 
 
 
 
 
 
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