Category: BUSINESS
Transport Minister Creecy pushes for better B-BBEE outcomes – SABC News
Transport Minister Barbara Creecy has welcomed efforts to consolidate existing support for better Broad-Based Black Economic Empowerment (B-BBEE) outcomes. Creecy was speaking at the transport sector engagement session hosted by
Read MoreS&P affirms SA’s debt ratings – SABC News
Rating agency Standard and Poor’s (S&P) has affirmed South Africa’s debt ratings at sub-investment grade of BB minus and BB, and also maintained the positive outlook. In its latest review
Read MoreMoody’s downgrades US credit rating – SABC News
Rating agency Moody’s has downgraded the credit rating of the United States from its highest notch, citing a high debt and interest burden that is significantly higher than similarly rated
Read MoreAgriculture Ministry working on improving US relations: Steenhuisen – SABC News
Minister of Agriculture John Steenhuisen says his ministry is working on improving relations with the US government, as agriculture is the fabric of South Africa. Speaking at the NAMPO agricultural
Read MoreDeputy President dismisses land confiscation claims at NAMPO expo – SABC News
Deputy President Paul Mashatile has encouraged unity among South Africans. He has dismissed claims that white farmers are being persecuted and having their land confiscated. On Thursday, he visited the
Read MoreHill-Lewis announces R10bn boost for MyCiTi, including new routes – SABC News
Cape Town Mayor Geordin Hill-Lewis has announced a R10 billion investment to expand the MyCiTi bus service. He visited construction sites in Claremont and Duinefontein, where new routes worth R7
Read MoreNtshavheni laments sharp rise in unemployment as SA sheds more jobs – SABC News
Minister in the Presidency Khumbudzo Ntshavheni has bemoaned the recently released statistics on unemployment in the country. Statistics SA (Stats SA) reveals that close to 300 000 jobs have been
Read MoreTariff cuts ease China layoffs threat, but job market pain persist – SABC News
Chinese worker Liu Shengzun lost two jobs in just one month as US import tariffs shot up to triple digits in April, forcing a Guangdong lighting products factory, and then
Read MorePandor calls on insurance bodies to engage with global leaders – SABC News
Insurance bodies worldwide must engage with global leaders to bring about stability in an increasingly unstable and risky world. That’s according to former Minister of International Relations and the Nelson
Read MoreSouth Africa prioritizing closing loopholes in e-commerce: Sarupen – SABC News
As part of efforts in positioning customs as an economic enabler, South Africa is working on an enhanced e-commerce strategy. Deputy Finance Minister Ashor Sarupen addressed the opening of the
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