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Proposed Mpumalanga SEZ to boost provincial economy, skills development

By: Simone Liedtke     Updated 4 hours ago Trade and Industry Minister Dr Rob Davies has approved a recommendation that the Nkomazi Special Economic Zone (SEZ), in Mpumalanga, be designated and has called on the public and interested parties to comment on the proposed designation by June 28. The application for the designation of the... 

Africa’s air traffic liberalisation journey continues, after 30 difficult years

By: Rebecca Campbell     18th May 2018 In November 1988, the Ministers responsible for civil aviation in 40 African countries agreed a declaration on a new African air transport policy. This was immediately designated the Yamoussoukro Declaration, after the city in which it was adopted (the capital of Ivory Coast). Among other things,... 

Africa’s air traffic liberalisation journey continues, after 30 difficult years

By: Rebecca Campbell     18th May 2018 In November 1988, the Ministers responsible for civil aviation in 40 African countries agreed a declaration on a new African air transport policy. This was immediately designated the Yamoussoukro Declaration, after the city in which it was adopted (the capital of Ivory Coast). Among other things,... 

UK airline to launch direct Durban–London air link

By: Rebecca Campbell     18th May 2018 The Dube TradePort Special Economic Zone has announced that the UK’s flag carrier airline, British Airways (BA), is to introduce a direct route between London’s Heathrow Airport and Durban’s King Shaka International Airport. The new service will commence on October 29. (King Shaka is located... 

Promise and perils

By: Terence Creamer     18th May 2018 While President Cyril Ramaphosa was having a breakfast meeting with his Economic Cluster Ministers at Genadendal last week, to deliberate on ways to deliver on the $100-billion-investment goal, the International Monetary Fund (IMF) released a report highlighting just how important investment is... 

Alternative energy continues to power Robben Island

By: Kim Cloete     17th May 2018 A solar and lithium-ion microgrid installed on Robben Island last year has produced 650 000 kWh of solar energy so far. Since adopting a green system, the island has produced an average of 3 250 kWh/d of power, says SOLA Future Energy CEO Dominic Wills. 

Home Affairs launches new biometric system as it pursues lofty ideals

By: Schalk Burger     16th May 2018 Home Affairs Minister Malusi Gigaba on Wednesday launched an Automated Biometric Identification System (ABIS), in Cape Town, which will identify and verify citizens using fingerprint, facial recognition and iris biometrics. “ABIS is a fundamental baseline for the broader National Identification... 

Gordhan outlines his plan for the ‘recapture’ of South Africa’s SoCs

16th May 2018 The full text of Public Enterprises Minister Pravin Gordhan’s Budget Vote speech to Parliament on May 15. In it, the Minister warns that it has become evident that several State-owned companies (SOCs) will not be able to trade and borrow their way out of their financial difficulties and that some... 

Government releases its tenth Industrial Policy Action Plan 

By: Kim Cloete     15th May 2018 The government has released its Industrial Policy Action Plan (Ipap) 2018, with a sharp focus on deepening industrial development, speeding up radical economic transformation and increasing the ability to produce higher value-added products. Trade and Industry Minister Dr Rob Davies said it was... 

Importance of vocational education underscored at summit

By: Nadine James     10th May 2018 South Africa should focus on developing and implementing post-school education and training (PSET) programmes that create the quickest pathways to employment for the country’s youth, attendees at the third Human Resource Development Council (HRDC) were told. Private investment group Yellowwoods... 

Direct Durban-London air link to be launched by UK carrier

By: Rebecca Campbell     8th May 2018 The Dube TradePort Special Economic Zone announced on Tuesday that the UK’s flag carrier airline, British Airways (BA), is to introduce a direct route between London’s Heathrow Airport and Durban’s King Shaka International Airport. The new service will commence on October 29. (King Shaka is... 

Jonas, Tshabalala join MTN board

By: Natasha Odendaal     7th May 2018 Former Deputy Finance Minister Mcebisi Jonas and consulting and investment holding company Barbican Advisory Group executive director Bajabulile Tshabalala will join the board of telecommunications heavyweight MTN as nonexecutive directors, effective June 1. Tshabalala and Jonas bring extensive... 

A monarch’s costly whim

By: Martin Zhuwakinyu     4th May 2018 It is safe to say that many readers of this column now know that what used to be the Kingdom of Swaziland is now the Kingdom of eSwatini, which means ‘the place of the Swati people’. The name change, announced by King Mswati III last month, during celebrations to mark 50 years of independence... 

Wesgro says helps land R1.92bn in film & media productions in the Cape

By: African News Agency      3rd May 2018 Nine film and media declarations contributing R1.92-billion to Cape Town and the entire Western Cape province's economy were facilitated in the 2017/2018 financial year by the film and media promotion unit of Wesgro, the city's tourism, trade & investment promotion agency. In a statement, Wesgro... 

DTI completes R50m Phase 1 upgrade of Phuthaditjhaba Industrial Park

By: Simone Liedtke     3rd May 2018 The Department of Trade and Industry (DTI) has completed the R50-million Phase 1 revitalisation of the Phuthaditjhaba Industrial Park in the Free State. The revitalisation comprised the upgrading of the security infrastructure including fencing, street lighting, installation of boom gates,... 

Morrocan king to sign trade, mining deals with Congo republic

By: Bloomberg     26th April 2018 Moroccan King Mohammed VI will sign a series of investment agreements in a visit to Congo Republic this weekend, Environment & Tourism Minister Arlette Soudan-Nonault said. Mohammed will travel to the Central African nation for an April 28 summit of leaders to discuss the Congo Basin Blue Fund,... 

Smuggling shenanigans of jumbo proportions

By: Martin Zhuwakinyu     20th April 2018 It must have been music to the ears of animal rights proponents and conservationists when the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) reported in October last year that significant gains had been made in the fight against elephant poaching on the... 

Durban Cruise Terminal project, South Africa

By: Sheila Barradas     20th April 2018 The Transnet National Ports Authority and the KwaZulu Cruise Terminal signed an agreement that will result in the construction of the cruise terminal at the entrance to the Port of Durban.  

Industry urges quick gas ramp up as Northern Territory gives fracking green light

By: Esmarie Swanepoel     17th April 2018 The Northern Territory government will lift a near two-year moratorium on fracking, accepting all 135 recommendations made by a recent independent inquiry. Chief Minister Michael Gunner said on Tuesday that the implementation of the recommendations in the inquiry report would begin, noting that... 

Detailed design phase for R200m Durban cruise terminal to start this month

By: Shirley le Guern     16th April 2018 Transnet National Ports Authority and the KwaZulu Cruise Terminal (KCT) consortium on Monday officially signed an agreement that will see the construction of a R200-million-plus cruise terminal at the entrance to the Port of Durban.   The consortium, which is 70% owned by MSC Cruises, the largest... 

Tshwane South TVET College

13th April 2018 Tshwane South Technical Vocational Education and Training (TVET) College, operating under the Department of Higher Education and Training, succeeded in enrolling about 25 000 students in 2017, inclusive of National Certificate (Vocational) [NC (V)],  Report 191/ Nated engineering and general... 

New Zimbabwe luxury boutique hotel to welcome guests from early 2019

By: Simone Liedtke     12th April 2018 Victoria Falls, in Zimbabwe, will soon boast a new luxury boutique hotel catering for a variety of guests to the region’s famous world heritage site. From early 2019, the new 199 all-suite Mbano Manor Hotel will offer a unique and nature-based travel experience for the global, high-end tourist,... 

Mantashe to open first KwaZulu-Natal Mining Summit

By: Anine Kilian     12th April 2018 The first KwaZulu-Natal Mining Summit will be held on April 18 and will officially be opened by Mineral Resources Minister Gwede Mantashe. The summit, which will be held at Blackrock Garden Court, in Newcastle, is aimed at ensuring a more rapid inclusion of black Africans and emerging... 

Global trade politics cast shadow over Canadian M&A action – Oreninc

By: Henry Lazenby     10th April 2018 Market volatility continues to rattle the stock markets and metals commodities are alternately coming under pressure and recovering as US President Donald Trump and China stand-off over trade, or more specifically, their bilateral trade balance. It was against this backdrop that data company... 

South Africa’s Airport Expansion: What Impact Will It Have on the ZA Economy?

By: Creamer Media Reporter      3rd April 2018 South Africa’s two main airports: Cape Town International (CTIA) and OR Tambo International Airport just outside Johannesburg are set for a $540 million upgrade. The upgrade is part of an ambitious project to develop South Africa’s aviation industry, which should give the economy a much-needed... 

Masisi to lead Botswana as Khama steps down after decade

By: Bloomberg     2nd April 2018 Ian Khama, a former army general who’s led Botswana for the past decade, will step down on Sunday, leaving his deputy Mokgweetsi Masisi in charge of the world’s second-biggest diamond producer until next year’s elections. While Masisi, 55, will inherit one of Africa’s wealthiest and... 

NT fracking inquiry finds risks can be reduced to ‘acceptable level’

By: Esmarie Swanepoel     28th March 2018 An independent scientific inquiry into hydraulic fracturing (fracking) in the Northern Territory has found that any risks associated with the practice could be mitigated. Inquiry chairperson Justice Rachel Pepper said this report provided recommendations to mitigate to acceptable levels the... 

South Africa mulling privatisation in Ramaphosa reform drive – Treasury chief

By: Reuters     26th March 2018 South Africa will consider partially privatising struggling State-owned companies as part of wide-ranging reforms set in motion by President Cyril Ramaphosa since he came to power last month, the head of the National Treasury said on Saturday. Dondo Mogajane said South Africa was at the end of a... 

Early days, but some SA firms responding to Zimbabwe’s open-for-business pledge

By: Martin Zhuwakinyu     23rd March 2018 Robert Mugabe may no longer be at the helm of Zimbabwe Inc, but the mess he created over his 37-year rule remains – the country’s infrastructure is, for the most part, in a sorry state, its economy is moribund and unemployment has reached ridiculously high levels, with figures as high as 90%... 

Early days, but some SA firms responding to Zimbabwe’s open-for-business pledge

By: Martin Zhuwakinyu     23rd March 2018 Robert Mugabe may no longer be at the helm of Zimbabwe Inc, but the mess he created over his 37-year rule remains – the country’s physical and social infrastructure is, for the most part, in a sorry state, its economy is moribund and unemployment has reached ridiculously high levels, with figures... 

Cape Town International wins another award for best airport in Africa

By: African News Agency      22nd March 2018 Cape Town International Airport was once again ranked the best in Africa at the Skytrax World Airport Awards held in Stockholm, Sweden, the Western Cape Economic Opportunities Minister Alan Winde said on Thursday. It was the third year in a row Cape Town International won the award. 

Headline: It’s proven: business can save on water purification costs by integrating nature-based solutions

22nd March 2018 There is no doubt that drought experienced in most provinces across South Africa has changed livelihood in various ways, including business and environment itself. The scarcity of water, and indeed its value has been proven to be worth even more than fuel per litre: NO WATER-NO LIFE!  Citizens,... 

Water Shortage Relief

22nd March 2018 Bedrock challenges businesses across South Africa to donate water to Western Cape. Kwa-Zulu Natal, March 14, 2018: Bedrock Group and Durban based NPO, Feedy Needy, recently loaded and delivered 16 000L of bottled water to the Western Cape. There are numerous claims that the Western Cape “Water... 

WesBank forecasts meagre 0.75% growth in new-vehicle sales

By: Irma Venter     14th March 2018 South Africa’s new-vehicle industry is forecast to grow by 0.75% in 2018 compared with last year, says vehicle finance provider WesBank. WesBank CEO Chris de Kock delivered the bank’s view on the market at the 2018 Car of the Year awards held on Tuesday, in Gauteng. 

Southern Africa likely to see GDP growth above 2% in the next two years

By: Anine Kilian     12th March 2018 The African Development Bank (AfDB) expects real gross domestic product (GDP) growth in the Southern African region to improve to 2% in 2018 and then to 2.4% in 2019. The'Southern Africa Economic Outlook Report 2018', released by the AfDB, in Pretoria, on Monday, states that there is cautious... 

Australian Minerals Council backs TPP

By: Esmarie Swanepoel     12th March 2018 The Minerals Council of Australia (MCA) has again lobbied for the Trans-Pacific Partnership (TPP), joining nine other national industry groups in issuing a policy brief setting out the reasons Australia should support the regional trade agreement. The TPP, which was signed by Trade Ministers... 

Coal miner in China's Shanxi aims to boost 2018 coalbed gas output by 25%

By: Reuters     9th March 2018 Shanxi province's state-run coal mining business plans to increase coalbed methane (CBM) output by a quarter this year, an official told Reuters on Friday, as China's second-largest coal-producing region looks to boost clean fuel output. That comes in the wake of a push by Beijing to crack down... 

Gigaba gears to tackle corruption as he rejoins home affairs 

By: African News Agency      2nd March 2018 Home Affairs Ministers Malusi Gigaba on Friday said reviewing the current systems for issuing South African documents to foreign nationals was one of his top priorities as he rejoined the department, bearing in mind the “prominent cases” where procedures were said to have been flouted. “We need... 

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