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Kim Cloete

SA banks slow to tune in to green investments

3rd May 2013 While other countries are forging ahead in implementing green initiatives, South Africa is lagging behind, with banks wary of investing in projects that do not offer relatively quick returns, the KPMG Sustainability Forum has heard. National Business Initiative CEO Joanne Yawitch told the forum... 

R500m investment consolidates Western Cape as global call centre hub

30th April 2013 Cape Town is becoming a hot destination for the call centre sector, with an announcement of further investments and the creation of many more jobs. Capita, one of the Western Cape’s largest call centre operations has announced that it has invested R500-million into the regional economy. It has... 

Foreign tourist arrivals up 10.2% in 2012

25th April 2013 More than nine-million international tourists visited South Africa last year – an increase of 10.2% compared with 2011. South Africa’s tourist growth rate in 2012 was more than double the average global tourist growth rate of about 4%, as estimated by the United Nations World Tourism Organisation. 

SA banks slow to tune into green investments, forum hears

19th April 2013 While other countries are forging ahead in implementing green initiatives, South Africa is lagging behind, with banks wary of investing in projects that do not offer relatively quick returns, the KPMG Sustainability Forum has heard. National Business Initiative CEO Joanne Yawitch told the forum... 

R800m boost for SA’s aquaculture sector

12th April 2013 Government has launched an R800-million aquaculture programme, offering cost-sharing grants of up to R40-million per company in a bid to stimulate investment and create more jobs in the sector. The Agriculture Development and Enhancement Programme (Adep), which was launched in Cape Town on... 

SKA project director keen to stimulate local research as global group commits

29th March 2013 Square Kilometre Array (SKA) project director Dr Bernie Fanaroff has called on IBM to relocate some of its research capacity to South Africa. Earlier this month, SKA South Africa announced that it had partnered with IBM and the Netherlands Institute for Radio Astronomy (Astron) to develop a... 

New Atlantis television manufacturing facility opens

29th March 2013 South African technology company Tellumat has officially opened its new television manufacturing facility, which will produce a range of products for global brands, Sony and Hisense, as well as local retailer, Lewis, in the Western Cape. The 15 000 m2 facility has created 115 jobs in the... 

SA aquaculture sector gets R800m boost

28th March 2013 Government has launched an R800-million aquaculture programme, offering cost-sharing grants of up to R40-million per company in a bid to stimulate investment and create more jobs in the sector. The Agriculture Development and Enhancement Programme (Adep), which was launched in Cape Town on... 

Telecoms group says its rooftop solar facility is Africa’s largest

15th March 2013 Vodacom has unveiled the largest ever array of solar panels on a single building in Africa. The solar array, on the roof of its Century City building in Cape Town, comprises 2 127 solar panels and is expected to provide up to 75% of all electricity required by the building during peak production. 

New Cape Town academy to focus on training apprentices for auto sector

15th March 2013 A new technical training academy in Cape Town holds promise for apprentices keen to break into the automotive industry. Imperial Holdings, a major player in South Africa’s automotive market, unveiled the state-of-the-art technical training academy in Bellville, Cape Town, on Tuesday. 

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