Kona appointed acting CEO

Kona appointed acting CEO

Pretoria – Public Enterprises Minister Malusi Gigaba has appointed South African Airways (SAA) executive chairperson Vuyisile Kona as the airline’s acting CEO. Kona’s appointment will take effect immediately until a permanent replacement is found for...
GDP expected to come in lower than 2%

GDP expected to come in lower than 2%

Pretoria – The Gross Domestic Product for the third quarter is expected to come in lower than the growth seen in the second quarter, largely due to recent industrial action in the mining sector. “We expect GDP to have expanded by 1.4% quarter-on-quarter from the...
Cuba economic assistance package

Cuba economic assistance package

Pretoria – Minister of Trade and Industry Rob Davies met with the Vice-President of the Cuban National Institute of Water Resources, Aymee Aguirre Hernanddez, in Cuba, to discuss implementation of the Economic Assistance Package that South Africa is providing to...
B-BBEE an imperative for SA

B-BBEE an imperative for SA

Pretoria – Broad-Based Black Economy Empowerment (B-BBEE) will continue to be regarded as an imperative in South Africa, says Trade and Industry Minister Rob Davies. Addressing the New Age Business Briefing in Sandton on Monday, Davies said B-BBEE was an...
Dti encourages China

Dti encourages China

Pretoria – Trade and Industry Director General Lionel October on Thursday encouraged Chinese companies to invest in South Africa. China has invested significantly in Africa with Chinese manufacturer First Automobile Works investing $100 million to build a...