Improved EU relations

Improved EU relations

Mbombela – South Africa and the European Union (EU) concluded their annual summit on a positive note – a sign that they could be closer to resolving their differences. The two sides, which have disagreed in the past on the approach to a number of issues...

Transnet buys cranes for Durban Port

Pretoria – Transnet has signed an agreement with a Chinese-based company that will see it acquiring seven cranes for the Durban port. The state-owned company signed the agreement with Shanghai Zhenhua Heavy Industries Co (ZPMC) to buy seven tandem lift...

SA highest ranked country in sub-Saharan Africa

Pretoria – South Africa is the highest ranked country in sub-Saharan Africa, according to a report by the World Economic Forum (WEF). “South Africa moves up by four places to attain 50th position this year, remaining the highest-ranked country in sub-Saharan...
Stop fighting, Zuma tells business

Stop fighting, Zuma tells business

  Pretoria – President Jacob Zuma has called for an end to the squabbles that have led to noticeable divisions within the country’s business sector following a decision recently by the Black Management Forum to cut ties with Business Unity South Africa. The...
SA economy slacks growth

SA economy slacks growth

Pretoria – The South African economy’s Real Gross Domestic Product (GDP) contracted to 1.3% in the second quarter of 2011, the slowest rate in almost a year. “Real GDP at market prices increased by 1.3% during the second quarter of 2011 compared with...