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Challenges face platinum industry

Platinum Mining Industry

Platinum Mining Industry

Pretoria – Mineral Resources Minister Susan Shabangu, the Mining Industry Growth and Development Task Team (MIGDETT) and the Chief Executives of the Platinum Group metals (PGMs) mining companies met this week to thrash out challenges facing the industry. [Read more…]

Eskom has not finalised application for tariffs

Pretoria – Eskom has not yet determined its final application to the National Energy Regulator of SA (Nersa) with regards to its next tariff…
GlobalBuzz-SA – Business News

SA among top business destinations

South Africa Business Destination

South Africa Business Destination

Pretoria – South Africa remains in the top 15 ‘long-haul’ business events destinations in the world and is the premier business events destination in Africa, says Tourism Minister Marthinus van Schalkwyk. [Read more…]

World Bank chief prioritises tackling growth

Washington – On his first day as president of the World Bank Group, Jim Yong Kim stressed the role of the 188-member organisation in helping address global growth risks and providing development assistance. The World Bank has an economic and moral imperative to help address risks to global growth, no matter where they emerge. A […]

World Bank chief prioritises tackling growth is a post from: TheBizSense Network

TheBizSense Network» South Africa
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Petrol price to fall by 89 cents

Pretoria – The price of petrol is to decrease by 89 cents per litre, the Department of Energy announced on Friday.

From Wednesday next week, the…
GlobalBuzz-SA – Business News

SA, Spain to cement relations

Pretoria – South Africa and Spain are to advance bilateral, political and economic relations, among other things, when the two countries meet for their 8th annual consultations next week. International Relations Deputy Minister Ebrahim Ebrahim will lead the South African delegation during the two-day talks to be held in Madrid. The visit takes place within […]

SA, Spain to cement relations is a post from: GlobalBuzz SA

GlobalBuzz SA» Business
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Extra boost for local locomotive industry

Pretoria – US-based General Electric (GE) Transportation has announced that another locomotive, which forms part of a deal sealed with state-owned…
GlobalBuzz-SA – Business News

Transnet forging ahead with infrastructure programme

Johannesburg – Despite a softening of cargo categories, Transnet is going ahead with its infrastructure build programme.

Transnet Infrastructure

Transnet Infrastructure

“In the earlier months of the current financial year, we have seen a softening particularly with the container volumes – imports and exports that we handle – for a variety of reasons,” Transnet Port Terminals (TPT) chief executive officer Karl Socikwa said at a breakfast briefing of the Africa Ports and Harbours Show. [Read more…]

SA to invest $2bn in IMF

Pretoria – South Africa has committed to invest $ 2 billion of its reserves to the International Monetary Fund’s firewall fund, the Presidency said on Tuesday. “Along with fellow members of the G20, South Africa announced in Los Cabos today that it is committed to supporting the IMF’s firewall fund, and will be investing $ 2 billion […]

SA to invest $ 2bn in IMF is a post from: GlobalBuzz SA

GlobalBuzz SA» Business

Tourism still paramount to SA growth

Johannesburg – Despite the current global financial problems which continue to impact the industry, tourism will continue to play a central role in the country’s economy, Tourism Deputy Minister Tokozile Xasa says. With South Africa continuing to emerge as an important global player, government now wants a new focus in the tourism sector to exploit […]

Tourism still paramount to SA growth is a post from: GlobalBuzz SA

GlobalBuzz SA» Business