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African News Agency

Egypt wants $500m from World Bank

11th July 2018 Egypt’s Ministry of Investment and International Cooperation has held discussions with the World Bank for an additional $500-million loan for the country’s social housing projects targeting low-income households, according to an official ministry statement. The discussions were held on Tuesday... 

SADC Committee of Ministers of Finance meets in South Africa

11th July 2018 The Southern African Development Community (SADC) Committee of Ministers of Finance and Investment will meet today in Johannesburg to discuss areas of cooperation and improving regional financial coordination.  The Ministers will be joined by the central bank governors from the region.  

Eskom and IPP deal to create more than 60 000 jobs

10th July 2018 More than 60 000 jobs are expected to be created during the 27 new renewable energy plant projects being rolled out under the independent power producers (IPP) programme, valued at some R56-billion. According to a statement issued on behalf of Workforce Staffing, a temporary employment service... 

Eskom wage negotiations continue

10th July 2018 Wage negotiations between power utility Eskom and unions resumed on Tuesday in Johannesburg. National Union of Mineworkers (Num) spokesperson Livhuwani Mammburu told television news channel eNCA that unions have given Eskom two options of a one year deal or a three year one. Eskom on Friday... 

African troops fighting terrorism in Sahel are protecting world – UN

10th July 2018 UN Secretary-General Antonio Guterres has paid tribute to African troops fighting terrorism in the Sahel, saying they were not only protecting those in the restive Sahel region - but also the whole world. Gueterres made his comments at a press conference during the second annual UN-African Union... 

Climate Change Bill heads to NWest

10th July 2018 Public consultations on the National Climate Change Bill will be held in Rustenburg in the North West on Tuesday. The public consultation would be held at Marang in Phokeng outside Rustenburg to allow for public comments on the Bill. 

Vantage Capital invests $10m on property in Mauritius

9th July 2018 Fund managers Vantage Capital has provided $10-million of mezzanine funding to Cap Tamarin, a mixed-used, residentally-focused smart village located on the sought-after west coast of Mauritius. Cap Tamarin will feature innovation centres to support start-ups, small and medium enterprises and... 

Never enough funding for the environment, says SANParks CEO

9th July 2018 Funding for nature conservation can never be sufficient, says South African National Parks (SANParks) CEO Fundisile Mketeni. "There is never enough [funding], there is always something happening in the environment," Mketeni told a group of business leaders hosted by SANParks at Skukuza in the... 

Business leaders visit Kruger Park to learn about anti-poaching measures

6th July 2018 Chief executive officers (CEOs) from various companies visited the Kruger National Park on Friday to learn about what SanParks is doing to help curb rhino poaching, with the hopes of receiving funding from the private sector. Peace Parks Foundation CEO Werner Myburgh said the park was the biggest... 

Over R1.3bn investments recorded for Western Cape in Q1 – Wesgro

6th July 2018 The Western Cape's investment promotion agency Wesgro said on Friday it had facilitated over R1.3-billion in investments in the first quarter, which would support the creation of 549 direct jobs. It said the nine investment projects secured represented a cross-section of the local economy and... 

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