Category: NewsFeed

Solar Power plan for Robben Island

Cape Town – Tourism Minister Derek Hanekom says Robben Island, one of the world’s top tourist attraction spots, will soon generate its power from solar panels. The island, which once held the likes of former President Nelson...

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Retail sales rise less than expected

U.S. retail sales rose less than expected in May and first-time applications for unemployment benefits increased last week, but that will probably do little to change views that the economy is regaining momentum. The Commerce...

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Tough Times Ahead say Business School

With London Business School experts saying don’t expect returns of more than 3 or 4 per cent a year from equities over the next decade, and negative returns from bonds, savers should keep about half their capital in cash or...

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Google Plus opens to business

Google Inc’s new social networking service has opened its doors to businesses to create special web pages, a move that could entice visitors to spend more time on the website and help Google match the offerings of rival...

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Spotify eye IPO

Online music streaming service Spotify is recruiting a U.S. financial reporting specialist, adding to speculation that the Swedish start-up is preparing for a share listing, which one banker said could value the firm at as much...

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Renewed vigour to Industrial Policy

Trade and Industry Minister Rob Davies is beginning his second term in the portfolio with a renewed vigour to continue the implementation of South Africa’s Industrial Policy Action Plan (IPAP) which has helped stabilise the...

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Co-ops ask for support to create jobs

Representatives of cooperatives from across South Africa have asked Social Development Minister Bathabile Dlamini to improve their support services to help co-ops become more productive and create jobs. The request was made on...

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Telecomms requests info on SMMEs

Telecommunications and Postal Services Minister Siyabonga Cwele has released a gazette requesting information on Small, Micro and Medium Enterprises (SMMEs) for the Information and Communications Technology (ICT) sector. “This...

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Automotive sector moves up a gear

President Jacob Zuma is expected to launch the First Automotive Works (FAW) South Africa assembly plant in the Eastern Cape on Thursday. Industrial Development Zone The R600-million truck assembly plant is based in the Coega...

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Job creation Japan

One of the most important, oft-ignored, trends in the world economy is the way technology is displacing humanity – capital equipment, both machines and software, is preferred to employing labour. It’s a major reason why high...

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