The country’s economy has battled to fully recover from the impact of the 2009 recession due to low productivity in the mining and manufacturing…
GlobalBuzz-SA – Business News
Economy battles to get out of the woods
Eskom net profit rises
Electricity parastatal, Eskom, on Friday reported a net profit of R7.1 billion for the year ended 31 March 2014 – up from R5.2 billion in the previous year. [Read more…]
Free State ups its trade game
The Free State province is going all out to increase economic relations with the international community. “We shall step up our existing cooperation…
GlobalBuzz-SA – Business News
Telkom clarifies restructuring process
Telkom has moved to clarify allegations by labour unions around the restructuring process at the telecommunications operator. “Telkom would like to…
GlobalBuzz-SA – Business News
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. [Read more…]
SA, Norwegian allies meet
It was a meeting of old allies when Deputy President Cyril Ramaphosa met with his Norwegian counterpart, Prime Minister Erna Solberg, on…
GlobalBuzz-SA – Business News
Warning of tough times ahead
South African Reserve Bank Governor Gill Marcus says emerging markets will be faced with a difficult year ahead due to global economic contractions. [Read more…]
Tshwane, DBSA sign R1.6bn loan
The Development Bank of Southern Africa (DBSA) and the City of Tshwane on Thursday signed a R1.6 billion long-term loan facility to support the…
GlobalBuzz-SA – Business News
Apply for SA Expo in China
The Department of Trade and Industry (dti) has invited companies to apply for participation at the South African Expo and Investment Seminars to be held in China, in October. [Read more…]
SA developing blue economy strategy
In order to make full use of its oceans’ potential, the South African government is in the process of developing a blue economy strategy, said the Department of Environmental Affairs. [Read more…]