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Zuma assures investors

Jacob Zuma - Davos 2013

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…]

Brics to benefit African continent

South Africa Business

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…]

Kona appointed acting CEO

South African Airways

South African Airways

Pretoria – Public Enterprises Minister Malusi Gigaba has appointed South African Airways (SAA) executive chairperson Vuyisile Kona as the airline’s acting CEO. [Read more…]

Reserve Bank heads to take a salary freeze

Gill Marcus - Reserve Bank Governor

Gill Marcus – Reserve Bank Governor

Pretoria – Reserve Bank Governor Gill Marcus, the bank’s deputy governors, together with the bank’s board members –  have decided to forgo salary increases in 2013 – given the global economic outlook, said the central bank. [Read more…]

Dti, DAFF finalise aquaculture programme

Aquaculture Ventures

Aquaculture Ventures

Pretoria – The Departments of Trade and Industry (dti) and Agriculture, Forestry and Fisheries (DAFF) have finalised the Aquaculture Development and Enhancement Programme (ADEP) which will assist new entrants and existing aquaculture ventures. [Read more…]

AfriSam signs 49M pledge

State of the art Dam

State of the art Dam

Pretoria – Leading construction materials group, AfriSam, has become the first construction materials company to sign the 49M pledge.

This step signifies the company’s commitment to the global agenda for energy efficiency and to play a proactive role in contributing to energy saving across South Africa. [Read more…]

GDP expected to come in lower than 2%

South Africa Mining Industry

South Africa Mining Industry

Pretoria – The Gross Domestic Product for the third quarter is expected to come in lower than the growth seen in the second quarter, largely due to recent industrial action in the mining sector. [Read more…]

Boost for SA manufacturing sector

Manufacturing Competitiveness Enhancement Programme

Manufacturing Competitiveness Enhancement Programme

Pretoria – The launch of the Manufacturing Competitiveness Enhancement Programme (MCEP) has been a major boon to the manufacturing sector, says Trade and Industry Minister Rob Davies. [Read more…]

Telkom appoints board members

Telkom South Africa

Telkom South Africa

Pretoria – Telkom on Wednesday announced the appointment of two new non-executive directors bringing the number of board members to eight that will make it possible to elect a new chairman. [Read more…]

Cuba economic assistance package

Cuba - South Africa

Pretoria – Minister of Trade and Industry Rob Davies met with the Vice-President of the Cuban National Institute of Water Resources, Aymee Aguirre Hernanddez, in Cuba, to discuss implementation of the Economic Assistance Package that South Africa is providing to that country. [Read more…]