SGR pumped ‘Sh130 billion into Kenyan economy’
The Chinese firm which built the high capacity railway track between Mombasa and Nairobi says it pumped billions of shillings […]
economy
R42m industrial park will stimulate Hammanskraal economy
Trade and Industry Minister Rob Davies launched the refurbished Babelegi Industrial Park in Hammanskraal on Tuesday. The R42 million project […]
Advisory panel established to fight economic concentration
Economic Development Minister Ebrahim Patel has established an advisory panel to develop draft amendments to the Competition Act with a view to […]
Downgrade will have major consequences for economy, businesses and citizens, warns AHI
Small business representative organisation AHI says Fitch’s decision to downgrade South Africa’s credit rating to junk status will lead to lower economic growth, with some […]
Koeberg injects R29bn into W Cape GDP
Public Enterprises Minister Lynne Brown says Koeberg Power Station in the Western Cape has contributed R29 billion to the province’s […]
Q1 business confidence rises but remains in negative terrain
South Africa’s business confidence rose slightly in the first quarter but remained in negative territory, a survey showed on Wednesday, […]
After spiralling costs, Ingula is now powering the economy
The Ingula pumped storage scheme, which has allegedly seen costs balloon from R8.9bn to R36bn, has pumped billions into South […]
R216m for renovation of industrial parks
The Department of Trade and Industry (dti) has set aside R216 million for the renovation of five industrial parks. The […]
‘SA economy situation increases pressure on engineering firms’
South Africa’s struggling economy has increased the pressure on engineering firms to underbid on larger projects, says Arup Southern Africa leader Poya Rasekhi. This, however, often […]
Mobile ecosystem will now add $150bn to Africa’s economy
According to Engineering News, The mobile ecosystem is now adding in excess of $150-billion – 6.7% of gross domestic product (GDP) – […]
To regain FDI ranking, South Africa must ‘rebuild trust’ with investors
South Africa’s absence – for the second year running – from the top 25 countries listed in AT Kearney’s annual […]
China Sees Mozambique as a ‘rough diamond’ amidst debt crisis
Chinese President Xi Jinping (R) meets with Mozambican President Filipe Nyusi in Johannesburg, South Africa, Dec. 3, 2015. (Xinhua/Li Tao) […]
South African executives delaying investment decisions – Grant Thornton
Nearly two-thirds of South African business executives are delaying their investment decisions, while almost half are considering investing offshore, owing to […]
Ramaphosa – “Infrastructure remains key economic driver to SA”
Deputy President Cyril Ramaphosa has presented investments in the infrastructure and ICT sectors in South Africa and Africa
Gordhan confident of meeting fiscal targets
South Africa’s Finance Minister Pravin Gordhan said on Wednesday he was confident of meeting fiscal targets for 2016, but that […]
South Africa’s growth out of sync with Africa’s other oil importers
While the International Monetary Fund (IMF) expects South Africa’s growth to halve to just 0.6% in 2016, growth in other […]
Tshwane’s economy performing better than rest of SA – Ramokgopa
Tshwane’s economy is performing better than the country as a whole, Mayor Kgosientso Ramokgopa said on Thursday. The country faced […]
Registering a business is now seamless, says Minister
The process of registering a company in South Africa is now a simpler, seamless process says Trade and Industry Minister […]
Commodity shock knocks Africa’s growth prospects – World Bank
The World Bank has lowered its 2016 growth forecast for Africa to 3.3%, from 4.2%, after the continent expanded by […]
South Africa’s business confidence improves in March
South Africa’s business confidence continued its recovery in March supported by merchandise export and import volumes,
