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Education key to economic freedom

Cyril Ramaphosa

Cape Town – Deputy President Cyril Ramaphosa has called on young people to be educated and to be innovative in order to achieve economic freedom in their lifetime. [Read more…]

South African Airways transferred

SAA - South African Airways

The transfer of South African Airways (SAA) from the Ministry of Public Enterprises to the Ministry of Finance was gazetted on Friday. [Read more…]

National Treasury publishes proposals

south africa national treasury

National Treasury on Friday published a multi-billion rand request for proposals (RFP) for the provision of an enterprise resource system (ERP). [Read more…]

Suspension of South Africa’s Gambling Board Could Be Good

Why The Suspension of South Africa’s Gambling Board Is Good For The Country’s Online Casinos

South Africa’s offline gambling industry has a long and chequered history, which now looks likely to be mirrored in its online casino endeavours. The South African Gambling Act of 1965 saw all forms of gambling banned except the countries traditional pastime of horse racing betting. This controversial ban saw the rise of numerous cowboy casinos within the countries Bantustan regions – these black-only regions were allowed to exist outside the laws and regulations imposed by the then completely white government. [Read more…]

Moodys downgrades SA

Moodys

Credit rating agency Moodys Investors Service has downgraded South Africa’s credit rating one notch from Baa1 to Baa2, while also revising the credit outlook from negative to stable, said National Treasury. [Read more…]

Sello Malatji – Humble beginnings to great success

Sello Malatji - Horticulture

They usually say wealth tends to create more wealth and that to succeed quicker in business, one has to come from a well off family or financial background. But a young entrepreneurs from Phalaborwa, a small town in Limpopo, has proven that having a rich background is not the only way to the top. [Read more…]

Innovation key to economic growth

BRICS

Minister in the Presidency, Jeff Radebe, says BRICS countries must continue to embrace innovation as a key driver for economic growth. [Read more…]

Black industrialists programme to grow SA economy

black industrialists

Trade and Industry Deputy Minister Mzwandile Masina says the department has so far registered 18 qualifying black industrialists in a range of sectors to grow the South African economy. [Read more…]

Dube TradePort gets IDZ status

Dube TradePort

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…]

Transnet, BHP sign R24-bn coal deal

Transnet Infrastructure

State-owned freight logistics group, Transnet and BHP have signed a whopping R24-billion on a 10-year take or pay export coal deal. [Read more…]