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Positives of migration

By: Martin Zhuwakinyu     19th October 2018 Television footage of desperate Africans drowning in the Mediterranean Sea en route to Spain and other European destinations that hold out the promise of a better life has become all too frequent. The International Organisation for Migration puts the cumulative toll since 2000 at 33 000, with... 

Port of Cape Town infrastructure and port development projects, South Africa

By: Sheila Barradas     19th October 2018 The Transnet National Ports Authority has identified infrastructure and port development projects that will address three critical sectors in the Port of Cape Town – liquid bulk, ship repair and tourism. 

Lesotho Highlands Water Project – Phase II, Lesotho/South Africa

By: Sheila Barradas     19th October 2018 Construction work on Phase II of the Lesotho Highlands Water Project is set to start soon. 

Alibaba’s Jack Ma to speak at Ramaphosa’s Investment Conference dinner 

By: Terence Creamer     18th October 2018 Chinese tech sensation Jack Ma will deliver the keynote speech at a dinner to be hosted by President Cyril Ramaphosa on October 26 as part of the inaugural South Africa Investment Conference. The conference will take place at the Sandton Convention Centre, in Gauteng, from October 25 to 27, in... 

Govt ready to woo potential investors at SA Investment Conference

By: African News Agency      18th October 2018 Confirmed attendees for next week's South Africa Investment Conference - government's attempt to unlock investment to grow the local economy and create jobs - include JSE listed companies with a market capitalisation of R6.5-trillion and Fortune 500 companies with a market cap of US$4-trillion,... 

South Africa committed to African air transport liberalisation – Minister

By: Rebecca Campbell     12th October 2018 South African Transport Minister Dr Blade Nzimande reaffirmed on Friday the country’s commitment to the implementation of the Yamoussoukro Decision (YD) on liberalising air transport across Africa. He did so in a speech to the 48th annual general meeting of the Airlines Association of Southern... 

KZN MEC unveils 25 planned projects to attract R200bn investment

By: Marleny Arnoldi     12th October 2018 KwaZulu-Natal Economic Development, Tourism and Environmental Affairs MEC Sihle Zikalala on Friday unveiled his portfolio of investment opportunities, which will result in R200-billion being pumped into the province’s economy over the next few years. Addressing captains of industry during an... 

Southern African airlines face losses and slow growth, says industry association 

By: Rebecca Campbell     12th October 2018 The Airlines Association of Southern Africa (AASA) has forecast that airlines in the Southern African Development Community (SADC) region will suffer total losses of $300-million for this year. This would be in sharp contrast to the expected total profit of $33.8-billion for the global airline... 

Europe placed to contribute to African growth story

12th October 2018 Southern Africa is today off the radar of the majority of European companies and the many opportunities offered by the region are still largely ignored by European Union (EU) business leaders, professional consulting group European House Ambrosetti senior partner Paolo Borzatta said at a media... 

On-The-Air (05/10/2018) 

By: Martin Creamer     5th October 2018 Minerals Minister Gwede Mantashe this week made a strong call for price-hit platinum to be vigorously marketed; Desperately needed mineral exploration has received a major boost by being freed from regulatory red tape; and China is so impressed with South Africa’s mining investment codes that it... 

Economic stimulus and recovery plan

By: Riaan de Lange     5th October 2018 It is said that there are only three kinds of people in the world: those who can count and those who cannot. The stimulus and recovery plan has sevral broad parts: implementation of growth-enhancing economic reforms, reprioritisation of public spending to support job creation, the establishment... 

We are rooting out State capture, corruption to save and create jobs - Ramaphosa 

By: African News Agency      4th October 2018 President Cyril Ramaphosa on Thursday said his government was determined to eliminate the capture of the State and its organs through corruption which he said was one of the greatest barriers to investment and job creation in South Africa. "One of the greatest barriers to investment, growth and... 

Dlamini-Zuma calls for collaboration as NDP is divided into smaller plans

By: Simone Liedtke     4th October 2018 Minister in the Presidency Nkosazana Dlamini-Zuma on Thursday called for greater collaboration between the public and private sectors in South Africa as she announced that the National Development Plan (NDP) would be divided into smaller plans that would be attended to within five-year... 

Ports’ Customer Forum seeks to align Eastern Cape planning

4th October 2018 Transnet National Ports Authority (TNPA) hosted port clients and representatives of government, business and industry at the Nelson Mandela Bay ports’ Customer Forum on 28 September in the Port of Ngqura. The session aimed to align TNPA’s plans to meet the business requirements of port users.... 

Lesotho Highlands Water Project – Phase II, Lesotho

By: Sheila Barradas     4th October 2018 The The Lesotho Highlands Development Authority has started a series of workshops with registered construction companies to explain the procurement framework of the Lesotho Highlands Water Project – Phase 2. 

No forced public service retrenchments as government readies for Jobs Summit

By: News24Wire      4th October 2018 Government will use the Jobs Summit starting on Thursday to promise that there will be no forced retrenchments in the 1.3-million-strong public service, says Madoda Vilakazi, executive director of Nedlac, which is running the presidential jobs extravaganza. Nedlac is the National Economic... 

Water an asset for sustainable growth

By: Tasneem Bulbulia     3rd October 2018 Over and above appreciating the intrinsic value of water as a vital human resource, the South African approach should be to recognise the business value of the commodity and, therefore, the country should pursue investments in the sector to generate sustained economic growth, employment and... 

Dube TradePort continues to inject billions into local economy, job creation – MEC

By: Simone Liedtke     2nd October 2018 The Dube TradePort, which incorporates the King Shaka International Airport, has in the past ten years invested R11.5-billion into the South African economy and created nearly 100 000 jobs, KwaZulu-Natal Economic Development, Tourism and Environmental Affairs MEC Sihle Zikalala said on Tuesday.... 

Makhado project’s environmental authorisation faces fresh appeal

By: Tasneem Bulbulia     28th September 2018 MC Mining plans to follow due process to have a fresh appeal against an environmental authorisation (EA) for its Makhado hard coking and thermal coal project dismissed. The appeal by what MC described as a “narrow interest group” has resulted in the suspension of the amended EA. 

Lesotho Highlands Water Project – Phase II, Lesotho and South Africa

By: Sheila Barradas     28th September 2018 South African Water and Sanitation Minister Gugile Nkwinti, Lesotho Water Minister Samonyane Ntsekele and the Lesotho High Commissioner Sello Moloto have reaffirmed their commitment to the successful implementation of the Phase 2 project. 

On the mend?

By: Terence Creamer     28th September 2018 Business confidence is at debilitating low levels and trust between government and business remains fragile after the abusive Zuma years. Nevertheless, there are some encouraging signs that the relationship is on the mend, albeit at such a high level that it will take time to filter through to... 

New visa laws don’t go far enough - BARSA

26th September 2018 The Board of Airline Representatives of South Africa (BARSA) has noted the details provided by the Minister of Home Affairs, Mr. Malusi Gigaba, regarding the relaxation of visa requirements to the country, which forms part of the economic stimulus and recovery plan announced by President Cyril... 

Damage to West Coast beaches from mining can be kept to 'acceptable' levels, say consultants

By: News24Wire      26th September 2018 Consultants employed by Australian company Mineral Sands Resources (MSR) have acknowledged that the massive expansion of mining for mineral sands on 10 West Coast beaches north of the Olifants River estuary will cause unavoidable environmental damage, but claim that the damage can be reduced to... 

Visa regulation amendments to ease entry for business travellers, tourists

By: Tasneem Bulbulia     25th September 2018 The Department of Home Affairs (DHA) is pursuing new regulations to make it easier for business travellers, tourists and academia to enter South Africa, but South African minors leaving the country will still need consent from both parents when leaving the country. The announcement of the new... 

South Africa to relax visa rules to boost investment, tourism 

By: Reuters     25th September 2018 South Africa will ease some immigration rules, including agreeing visa waiver agreements with more countries, in an effort to boost investment and tourism, Home Affairs Minister Malusi Gigaba said on Tuesday. The changes are part of a broader economic turnaround programme announced by President... 

Gigaba expected to share details of amendments to visa regulations

By: News24Wire      25th September 2018 Home Affairs Minister Malusi Gigaba is expected to share more details of government's amendments to the visa regulations on Tuesday in Pretoria. This follows an announcement by President Cyril Ramaphosa on Friday on changes to the visa regime as part of the economic stimulus and recovery plan.... 

US backs protecting Yellowstone’s northern gateway from mining

By: Reuters     23rd September 2018 New mining claims should be banned for 20 years on more than 30 000 acres north of Yellowstone National Park to preserve scenery, wildlife habitat, waterways and outdoor recreation that fuels tourism in nearby Montana towns, the US Forest Service said Friday. The recommendation to withdraw 30... 

Angola, IFC court South African investors

By: Nadine James     21st September 2018 World Bank Group executive director for Angola, Nigeria and South Africa Bongiwe Kunene says a roundtable event taking place on September 24, will enable South African businesses and investors to explore the growth opportunities in Angola created as a result of the 2017 election of that country’s... 

Ramaphosa aims to crowd in private resources for infrastructure fund

By: Terence Creamer     21st September 2018 President Cyril Ramaphosa has placed the creation of a public-private infrastructure fund at the heart of an economic stimulus and recovery plan, otherwise constrained by South Africa’s serious fiscal constraints. In unveiling the plan during a briefing at the Union Buildings in Pretoria on... 

On-The-Air (21/09/2018) 

By: Martin Creamer     21st September 2018 Japan is forecasting a massive market for fuel cells that use South African platinum; South African company Isondo this week reported that it is at the ready to produce fuel cell components locally; and Global commentators this week called on resource-rich African countries to use their wonderful... 

Ramaphosa moves to revitalise mining, create certainty

By: Martin Creamer     21st September 2018 It is imperative that South Africa restores investment and exploration levels in the mining sector as mining and mineral beneficiation activities have significant potential to drive long term growth, exports and job growth, President Cyril Ramaphosa said in his economic stimulus and recovery plan... 

Shedding Light on Durban’s Emerging Aerotropolis

By: Creamer Media Reporter      20th September 2018 There is currently much being said about Durban’s emerging aerotropolis. Mooted to spearhead significant economic and social transformation in KwaZulu-Natal, it is worth unpacking exactly what an aerotropolis is and what the benefits to the province will be. An aerotropolis is a strategic,... 

CEO Initiative to support government’s investor outreach at October summit

By: Terence Creamer     18th September 2018 The CEO Initiative is putting its weight behind President Cyril Ramaphosa’s plans for increasing levels of investment and stimulating growth in the recession-afflicted South African economy. The CEO Initiative draws in business leaders from various sectors and rose to prominence during Pravin... 

Government's economic stimulus package to be made public soon – Presidency

By: African News Agency      17th September 2018 The economic stimulus package adopted by cabinet will reprioritise government spending within the existing fiscal framework towards activities that will stimulate economic activity, the presidency said on Sunday. President Cyril Ramaphosa had "shared" with South Africa’s business and labour... 

Laser scanning awareness increased in industries

By: Jessica Oosthuizen     14th September 2018 Local engineering and architecture clients are becoming increasingly aware of the concept of laser scanning and the benefits of using it to capture and define real-world spaces into accurate three-dimensional (3D) models, says laser scanning company ArchiScan director Anthony Keyter. “Laser... 

Easing of water restrictions will restore international investor confidence in Cape Town

By: News24Wire      13th September 2018 The easing of the stringent water restrictions will restore international confidence in Cape Town as a destination for tourism and investment, say business leaders. But it will take hard work getting the message out there. Tim Harris, CEO of Wesgro, the agency that promotes tourism, trade and... 

Parliament to debate recession, fuel price hikes

By: News24Wire      12th September 2018 Parliament will debate record fuel prices and ideas for economic revival on Wednesday afternoon.  Last week Stats SA announced that SA had slipped into a technical recession - defined as two successive quarters of negative economic growth - for the first time since 2009.  

Water Research Commission urges SA to 'get in first' and develop the iceberg project

By: News24Wire      11th September 2018 The Water Research Commission believes that within 20 years, countries will be towing icebergs from the Antarctic to supplement their water supplies. It also believes if South Africa does not get in first, the country will lose out to other countries in developing the new technology - as it had... 

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