South Africa and Botswana have signed a memorandum of understanding to promote trade and investment between the two countries and create opportunities for industrialisation and the manufacturing sectors. [Read more…]
Banks discuss unsecured lending
Pretoria – Discussions around the spike in unsecured lending, global challenges and infrastructure growth formed the crux of the meeting held on Monday between Finance Minister Pravin Gordhan and the banking industry. [Read more…]
Grand Inga Project draft
Pretoria – Cabinet has approved the draft treaty between South Africa and the Democratic Republic of Congo (DRC) for the development of the Grand Inga Project, says Cabinet spokesperson Jimmy Manyi. [Read more…]
New board for SA Express
Pretoria – Public Enterprises Minister Malusi Gigaba on Monday announced a new board of directors of South African Express (SAX), while urging the airline to address the challenges it is facing. [Read more…]
Business Confidence falls
Pretoria – Business confidence fell to 90.9 index points in July to a 12-year low, the South African Chamber of Commerce and Industry (Sacci) said on Tuesday. [Read more…]
Challenges face platinum 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…]
SA among top business destinations
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…]
Transnet forging ahead with infrastructure programme
Johannesburg – Despite a softening of cargo categories, Transnet is going ahead with its infrastructure build programme.
“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…]
Singh new Transnet CFO
Pretoria – Anoj Singh has been appointed as Transnet’s chief financial officer (CFO). [Read more…]
SA, Switzerland boost trade ties
Pretoria – South Africa’s Minister of Trade and Industry, Dr Rob Davies, has arrived in Zurich, Switzerland, on an official visit to deepen bilateral economic relations between the two countries. [Read more…]