Category: BUSINESS
Ekurhuleni given the go-ahead to procure IPPs
The City of Ekurhuleni in Gauteng has been given the go-ahead to procure new electricity generation capacity directly from Independent Power Producers (IPPs). Electricity and Energy Minister Dr Kgosientsho Ramokgopa
Read MoreRamaphosa says Govt looking at options as fuel prices climb – SABC News
President Cyril Ramaphosa says South Africa is considering its options in response to escalating fuel prices, joining other countries grappling with rising global oil costs. Fuel prices are expected to
Read MoreSKD phasing-out signals significant shift for automotive industry – SABC News
By Siyabonga Mthembu The announcement by the Minister of Trade, Industry and Competition, Parks Tau, that South Africa will phase out existing Semi-Knock-Down (SKD) operations and no longer support new
Read MoreNothing concrete for developing countries post IMF/World Bank meeting – SABC News
Last week’s meetings of the International Monetary Fund (IMF) and World Bank yielded no new answers for the developing world to the questions posed by a spreading Middle East war,
Read MoreGauteng’s new boards face call for greater accountability
The Gauteng Portfolio Committee on Economic Development, has urged the newly appointed boards of the provincial Liquor Board, Tourism Agency and the Enterprise Propeller to strengthen accountability and improve governance.
Read MoreGrant recipients assured of payments in November amid date change
The South African Social Security Agency (SASSA) has assured grant beneficiaries that they will not be negatively affected by the changing of payment dates to accommodate the elections. SASSA confirmed
Read MoreSA in a better fiscal position heading into Medium-Term Budget: Absa
Absa says South Africa is in a better fiscal position heading into next week’s Medium-Term Budget Policy Statement (MTBPS) despite a challenging macroeconomic backdrop. The budget will set out the
Read MoreNdabeni calls for renewal of King Sabata Dalindyebo area economy – SABC News
The Minister of Small Business Development Stella Ndabeni has encouraged businesses and professionals in the King Sabata Dalindyebo area to work together in renewing the local economy and to boost
Read MoreOil price spike puts more pressure on local fuel prices
Brent crude’s surge above 109 dollars a barrel threatens fresh fuel price pressure for South Africa and a political headache for US President Donald Trump ahead of next month’s congressional
Read MoreFEDUSA elects new leadership
The Federation of Unions of South Africa (FEDUSA) has elected new leadership at its 8th National Congress in Kempton Park. Refitlhile Baloyi from the Public Servants Association takes over the
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