It was a meeting of old allies when Deputy President Cyril Ramaphosa met with his Norwegian counterpart, Prime Minister Erna Solberg, on…
GlobalBuzz-SA – Business News
SA, Norwegian allies meet
Tshwane, DBSA sign R1.6bn loan
The Development Bank of Southern Africa (DBSA) and the City of Tshwane on Thursday signed a R1.6 billion long-term loan facility to support the…
GlobalBuzz-SA – Business News
Renewed vigour to Industrial Policy
Trade and Industry Minister Rob Davies is beginning his second term in the portfolio with a renewed vigour to continue the implementation of South Africa’s Industrial Policy Action Plan (IPAP) which has helped stabilise the country’s manufacturing sector in recent years. But why is beefing-up IPAP a priority on Davies’s list of things to do […]
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Minister aims to grow SA’s economy
Newly appointed Finance Minister Nhlanhla Nene has his eye set on growing the South African economy. Minister Nene spoke moments after being sworn…
GlobalBuzz-SA – Business News
Repo rate unchanged
The Reserve Bank on Thursday kept the repo rate unchanged at 5.5% per annum. “The committee [Monetary Policy Committee] decided to keep the…
GlobalBuzz-SA – Business News
Business comes together for climate change
Business comes together for climate change, Johannesburg mayor Parks Tau says new partnerships are needed across various sectors to address the ever-present challenge of climate change. Speaking at a follow-up business dialogue, in association with the National Business Initiative (NBI) and the South African Cities Network (SACN), Tau underscored the importance of taking measurable action […]
GlobalBuzz SA» Business
Mahikeng to stimulate economic growth
Mahikeng gears up to stimulate economic growth. The capital of the North West province, Mahikeng, is to strengthen its reputation as that region’s mega airport city, a move Premier Thandi Modise says will position the city as a gateway into the Southern African Development Community (SADC). Mahikeng as a city “We want to leave a […]
GlobalBuzz SA» Business
Companies fly high in China
It goes without saying that South Africans are flying the flag high when it comes to doing business abroad and the 2013 South African Expos held in China last week was indicative of this. Innovation, passion to succeed and to give back to one’s country of birth formed the elements of South African companies that […]
GlobalBuzz SA» Trade
Wind, solar power to provide electricity
East London – Wind and solar-generated power will form the backbone of a provincial government programme to provide disadvantaged people in rural Eastern Cape with electricity. Provincial Local Government and Traditional Affairs MEC Mlibo Qoboshiyane said the Eastern Cape government will work with Eskom to provide these areas with free non-grid electricity (electricity that isn’t […]
GlobalBuzz SA» Business
R50bn to revive SA’s railway system
In a big move to revitalise South Africa’s rail system, Transnet has awarded a R50 billion contract for the building of 1 064 modern and technologically advanced locomotives. On Monday, Transnet Group Chief Executive Brian Molefe announced four original global equipment manufactures, including Chinese company CSR Zhuzhou Electric Locomotive and Bombardier South Africa, which will […]
GlobalBuzz SA» Business