Government has allocated R18 billion to improve the socio-economic conditions of distressed mining communities across the country. [Read more…]
Dube TradePort gets IDZ status
Durban – In a latest effort by government to promote industrialisation, the Dube TradePort in Durban will formally become a special economic zone under the new Special Economic Zones Act 16 of 2014. [Read more…]
BRICS customs heads meet
Pretoria – The heads of the customs services of the BRICS member countries – Brazil, Russia, India, China and South Africa – have met for the first time to discuss common problems and outline ways to extend cooperation.
[Read more…]
TFR to transport hematite
Pretoria – The first train service to transport hematite products from Swaziland to South Africa’s Richards Bay will begin in November and is also expected to stimulate job creation, said Transnet Freight Rail (TFR). [Read more…]
South Africa woos Japanese business
Pretoria – KwaZulu-Natal Premier Dr Zweli Mkhize has arrived in Osaka on an official visit aimed at getting companies in Japan to invest in the province of KwaZulu-Natal.
Mkhize, who is accompanied by Economic Development and Tourism MEC Mike Mabuyakhulu, said meetings had been lined up with companies involved mainly in the automotive manufacturing sector. [Read more…]
Fund for KZN youth businesses
Durban – A R15 million SMME loan scheme has been launched in KwaZulu-Natal on Thursday to help the youth finance their businesses.
The Imbewu Loan Fund, provided by Ithala and the National Youth Development Agency (NYDA), has been initiated to address problems relating to the lack of access to finance by most businesses in KZN. [Read more…]