Private sector

Government ups the ante on infrastructure

Infrastructure Private sector 21/02/2019

The government’s Infrastructure Fund is set to receive an R100 billion over the next decade as the state steps up its infrastructure programme by partnering with the private sector. “Government is stepping up its infrastructure build programme by partnering with the private sector, development finance institutions and multilateral development... Read more

Google-Getty deal is good, but more needs to be done

New appointments Private sector World 21/02/2018

SAFREA applauds the partnership between Google and Getty Images that was announced earlier this month with a view to preventing photographic copyright infringement. The two digital media giants signed an agreement that provides Google with a multi-year licence allowing the use of Getty’s images in its products, with a... Read more

Why keeping up with the digital revolution is key for marketers

Film & ICT Investment Marketing Media Private sector South Africa 19/02/2018

By Johanna McDowell Partner at Scopen Africa and CEO of the Independent Agency Search & Selection Company (Pty) Ltd Digital is at the forefront of all businesses worldwide, but the methodologies and platforms change so frequently that it’s difficult to master. Agencies in particular find it a struggle to... Read more

Otis South Africa appoints its service Director

Africa Construction Infrastructure Manufacturing Private sector Property South Africa 07/02/2018

Otis South Africa has appointed Nicolas Branly to the position of Service Director, reporting to the MD: Otis Africa, Daniel Daphne. Branly, who joined Otis France as Field Supervisor in 2009, holds a Bachelors’ Degree in Applied Economics from the University of Paris Dauphine, and MS Mechanical Engineering and... Read more

New Transnet plough tug starts to take shape

Infrastructure Maritime Private sector Transnet 06/02/2018

Construction of Transnet National Ports Authority’s (TNPA) new bed leveller (plough tug) is underway and was marked by an official keel laying ceremony earlier today in Port Elizabeth. The new vessel is being designed, manufactured, assembled, commissioned and delivered to TNPA’s Dredging Services division by shipbuilder FTC Engineering (Pty)... Read more

Government notes announcement by Multichoice

Media & Marketing Private sector Sector news South Africa 01/02/2018

Government has noted the announcement made by Multichoice to remove the Africa News Network 7 (ANN7) channel from the DSTV bouquet when its contract expires in August. Multichoice on Wednesday announced it will not renew its contract with the news channel. The announcement came after Multichoice completed an internal... Read more

Government clarifies definition of “worker” in minimum wage bill

Legislation Private sector South Africa 01/02/2018

The Department of Labour says it stands by the version of the final National Minimum Wage (NMW) Bill, which it agreed with the National Economic and Labour Council (NEDLAC). The final draft of the Bill agreed to by the NEDLAC constituencies reads as follows: “Worker means any person who... Read more

Coega nominated as finalist at the Premier Business Awards

CDC Coega IDZ DTI Private sector 30/01/2018

The Coega Development Corporation (CDC) heads into this week nominated as one of the finalist at the prestigious fifth Annual SA Premier Business Awards taking place on Tuesday, 30 January 2018 at the Sandton Convention Centre. The CDC’s nomination follows an announcement by the Department of Trade & Industry... Read more

2017 vehicle sales end on positive note

Automotive Private sector South Africa 16/01/2018

The new vehicle industry ended 2017 on a positive note, according to the annual sales data from the National Association of Automobile Manufacturers of South Africa (Naamsa). Despite December 2017’s year-on-year sales declining 2.4%, the year-to-date new car sales for 2017 still grew by 1.8%. In total, 557... Read more

Reserve Bank speaks on KPMG

Private sector 09/10/2017

The Reserve Bank has refuted claims that it has instructed banks on what steps they should take against auditing firm KPMG. “The South African Reserve Bank (SARB) would like to state categorically that it has not instructed banks on what steps they should or should not take with regards... Read more