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Banks discuss unsecured lending

South Africa Bank Lending

South Africa Bank 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

Grand Inga Project Draft

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…]

SA among top business destinations

South Africa Business Destination

South Africa Business Destination

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.

Transnet Infrastructure

Transnet Infrastructure

“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

Anoj Singh new Transnet CFO

Anoj Singh new Transnet CFO

Pretoria – Anoj Singh has been appointed as Transnet’s chief financial officer (CFO). [Read more…]

SA, Switzerland boost trade ties

SA, Switzerland 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…]

SA must bolster industrial base to weather economic crisis

Eurozone Crisis

Eurozone Crisis

Johannesburg – South Africa must strengthen the industrial arm of its economy if it is to successfully weather the fallout from the ominous Eurozone crisis, says Trade and Industry Director-General Lionel October. [Read more…]

Govt working with mining industry

Mining Industry

Mining Industry

Midrand – Government remains committed to working with the mining industry to enable it to achieve optimal returns on investment in a manner that will serve the best medium and long term interests of all South Africans. [Read more…]

SA wont implement mining super tax

Mining South Africa

Mining South Africa

Cape Town – South Africa will not follow Australia in implementing a mining super tax, Mineral Resources Minister Susan Shabangu said on Thursday. [Read more…]

India, SA trade targets

India - South Africa Trade

India - South Africa Trade

Pretoria – South Africa and India are set to reach a target of 15 billion US dollars of trade before the agreed upon deadline of 2014, President Jacob Zuma stated. [Read more…]