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Bridge City public-private partnership leads to economic transformation
In his Budget Speech 2018, South African Finance Minister...
PwC comments on proposed 1% VAT rate increase
The Minister of Finance announced in his Budget speech...
National Treasury to assist state-owned companies
South African National Treasury will assist state-owned companies (SOCs)...
SA government to spend ZAR57 billion on free higher education
Government will spend ZAR57 billion on free higher education...
South African budget deficit to narrow by 3.5%
South African Finance Minister Malusi Gigaba says government expects...
GDP growth expected to be 1.5% in 2018
South Africa’s Gross Domestic Product (GDP) is projected to...
Illovo Sugar Africa positive economic impact estimated at ZAR23.8 billion
Illovo Sugar Africa today, 21 February 2018, announced that...
Glencore funds from operations up 49%
Our performance in 2017 was our strongest on record,...
Kwesé and iflix seal deal in sub-Saharan Africa
iflix and Kwesé, have announced an expansion of their...
South Africa gears-up for 2018 Budget Speech
Malusi Gigaba, South African Finance Minister will, today, 21...

Business

SA unemployment rate eases to 24.7%

Tuesday, October 29th, 2013

SA unemployment rate eases to 24.7%

South Africa’s unemployment rate eased to 24.7% in the third quarter of 2013, down from 25.6% in the second quarter, Statistics South Africa (Stats SA) announced on 29 October 2013. “The unemployment rate decreased by 0.9% of a percentage point from 25.6% in quarter two 2013 to 24.7% in quarter three of 2013,” said Stats

Ecobank opens representative office in Ethiopia

Tuesday, October 29th, 2013

Ecobank opens representative office in Ethiopia

Ecobank Transnational Incorporated, one of the leading pan-African banking group, is pleased to announce the official opening of its Ethiopian representative office in Addis Ababa. This brings the total number of countries in Sub-Saharan Africa in which...

Europcar celebrates SA’s transport month with i-Pledge

Tuesday, October 29th, 2013

Europcar celebrates SA’s transport month with i-Pledge

Throughout the year, says COO Martin Lydall, Europcar sees in its business the reality of the Transport Month slogan: “Transport is the heartbeat of South Africa’s economic growth and social development.” “These factors have always kept us...

Africa remains the last untapped business market

Tuesday, October 29th, 2013

Africa remains the last untapped business market

The World Bank recently raised its economic outlook for sub-Saharan Africa for the next 12 months, predicting that the region will grow by more than 5% as a result of strong domestic demand and higher production of...

SA, China form state owned enterprises partnership

Tuesday, October 29th, 2013

SA, China form state owned enterprises partnership

South African Deputy President Kgalema Motlanthe says partnerships between South African and Chinese state owned enterprises (SOEs) should be increased in order to contribute towards regional development and integration, as envisaged by the African Union and regional...

AllAfrica.com launches dedicated Africapitalism platform

Tuesday, October 29th, 2013

AllAfrica.com launches dedicated Africapitalism platform

AllAfrica.com, the leading source of African news, has added a section to their website that will be dedicated to Africapitalism – an economic philosophy being touted as the solution for Africa’s development. The section will feature opinion,...

Africa needs regional integration for economic prosperity

Tuesday, October 29th, 2013

Africa needs regional integration for economic prosperity

The African Development Bank (AfDB) says Africa’s recent economic gains will only be sustained by deepening regional integration across the continent. This was stated by Donald Kaberuka, AfDB President, when speaking on 28 October 2013, at the...

BP raises dividend, sets new divestment target

Tuesday, October 29th, 2013

BP raises dividend, sets new divestment target

BP today, 29 October 2013, announced its financial results for the third quarter of 2013. Underlying replacement cost profit1 for the period was $3.7 billion, compared to $2.7 billion for the previous quarter. Operating cash flow in...

2014 labour front to face many challenges

Tuesday, October 29th, 2013

2014 labour front to face many challenges

“Employers might have experienced a tough year on the labour front. However in the light of recent changes and additions made to key labour acts, 2014 is going to be even more challenging and complex,” says Labour...

SA Agri-business taps into Africa’s new market

Wednesday, October 23rd, 2013

SA Agri-business taps into Africa’s new market

It is no secret that Africa is on the rise and increasingly offering lucrative opportunities to South African businesses due to the continent’s steady economic growth, increased disposable income and high consumer confidence. Hennie Heymans, Managing Director...

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