Africa

Strategic Investment in Africa’s ports

April 12, 2018 By bizadmin Leave a Comment

JOHANNESBURG, South Africa – April, 2018 – Africa needs to take advantage of the economic potential of its ports and shipping sector if it is to realise its growth ambitions. Globally, ports are gateways for 80% of merchandise trade by volume and 70% by value. Investment in ports and their related transport infrastructure to advance trade and promote overall economic development and growth is therefore vital – particularly in emerging economies that are currently under-served by modern transportation facilities. [Read more…]

Filed Under: Africa, Featured, Investment, News, Transport Tagged With: Africa, SSA Ports

Zuma assures investors

January 25, 2013 By bizadmin Leave a Comment

Jacob Zuma – Davos 2013

Pretoria – President Jacob Zuma has called on the South African delegation attending the World Economic forum in Davos, Switzerland, to present a united voice to assure investors that the country remains in good hands. [Read more…]

Filed Under: Africa, Featured, Investment, News Tagged With: 2013, Africa, Davos, Economy, Jacob Zuma, Switzerland, WEF, World Economic Forum

Brics to benefit African continent

January 23, 2013 By bizadmin Leave a Comment

South Africa Business

Polokwane – The 5th Brics Summit, to be hosted in South Africa in March this year, is expected to benefit the entire African continent, says Minister in the Presidency for Performance Monitoring and Evaluation, Collins Chabane. [Read more…]

Filed Under: Africa, BRICS, Featured, News Tagged With: 2013, Africa, BRICS, South Africa, Summit

Infrastructure development key to Africa success

June 14, 2012 By bizadmin Leave a Comment

Pretoria – Africa must address the challenges of inadequate infrastructure, small and fragmented markets, and inadequate diversification of…
GlobalBuzz-SA – Business News

Filed Under: Newsfeed Tagged With: Africa, Development, Infrastructure, success

SA to become locomotives builder

May 29, 2012 By bizadmin Leave a Comment

Transnet

Cape Town – South Africa is on track to become a manufacturer of locomotives for the rest of Africa, Transnet chief executive Brian Molefe said today.

Briefing the Portfolio Committee on Economic Development on the parastatal’s R300 billion market demand strategy, Molefe said the R4 billion that Transnet planned to spend over the next seven years on research and development in rail and ports equipment would help develop a locally driven manufacturing industry. [Read more…]

Filed Under: Africa, Featured, Manufacturing, News Tagged With: Africa, Economic Development, Locomotives, Transnet

Investing in Africa Mining Indaba 2012

February 6, 2012 By bizadmin 1 Comment

Africa Mining Indaba

Cape Town 6 February, 2012, This year pre-registered 7,200 delegates have registered to attend the 18th annual Investing in Africa Mining Indaba, which is an increase of 20% or 1,200 more delegates, compared to the previous year. The event, which takes place from the 6th to the 9th February, has also attracted 130 media representatives from all over the world. [Read more…]

Filed Under: Cape Town, Events, Featured, Mining, News Tagged With: 2012, Africa, Indaba, Investing, Mining

SA must be realistic about its resources

August 5, 2011 By bizadmin 2 Comments

South Africa Resources

Durban – South Africa can contribute significantly to African infrastructure development, but there is a need to be realistic about the resources available in the country, cautioned Minister of Public Enterprises Malusi Gigaba.

Speaking at the 13th African Renaissance Conference, Gigaba said African countries can access the core logistics – telecommunications and energy infrastructure – from South Africa, however, there is still a significant infrastructure gap in the country. [Read more…]

Filed Under: Africa, Featured, News Tagged With: Africa, Development, Infrastructure, Resources

Africa, India cement ties

June 25, 2011 By bizadmin Leave a Comment

Pretoria – Africa and India have pledged to further strengthen their cooperation in regional and global peace and security, as well as economic and trade areas. In the fields of economic cooperation, the two sides underlined the importance of supporting stable, long-term capital flows to developing countries to stimulate investment. They envisaged a widening […]

Africa, India cement ties is a post from: GlobalBuzz SA

GlobalBuzz SA» Trade

Filed Under: Newsfeed Tagged With: Africa, cement, India, ties

Davies maps route for free trade area

June 14, 2011 By bizadmin Leave a Comment

Trade and Industry Minister Rob Davies

Cape Town – The first phase of setting up a free trade area across 26 countries in Africa is expected to come into effect in three years, Trade and Industry Minister Rob Davies said on Monday.

Briefing the media in Parliament, following Sunday’s meeting in Sandton to set up a free trade area between the Southern African Development Community (SADC), the Common Market for Eastern and Southern Africa (Comesa) and the East African Community (EAC), Davies said member countries had agreed to carry out negotiations in two phases – with the first to be concluded within 36 months. [Read more…]

Filed Under: Africa, Featured, News, Trade Tagged With: Africa, Free Trade, Rob Davies, Trade and Industry

World Economic Forum on Africa

May 4, 2011 By bizadmin Leave a Comment

World Economic Forum 2011

Pretoria – The 21st World Economic Forum on Africa, which will be attended by more than 900 participants from 60 countries, kicks off today in Cape Town.

The three-day meeting will discuss how sub-Saharan Africa can sustain its growth path and become one of the pillars of global growth and demand. [Read more…]

Filed Under: Featured, News Tagged With: Africa, Cape Town, South Africa, World Economic Forum