German investment aids SA renewal efforts
President Cyril Ramaphosa has commended German investors for their continued investment in the country, while also assuring them that concerns will be attended to as a matter of urgency. “President Cyril Ramaphosa has commended German investors for their continued engagement with South Africa. There are around 600 German companies... Read more
Investment Conference bags R290 billion for SA
The inaugural South Africa Investment Conference has secured nearly R290 billion worth of investment announcements for the country. “This R290 billion is what we have now in our hands and these are in addition to the R400 billion which were received during the investment drive by the special envoys... Read more
Govt welcomes audit results
Government has welcomed the 2017/18 financial year audit results of various departments, tabled in Parliament last week. The audit reports of the Audior General contribute to a culture of public sector accountability and this makes a difference in the lives of South African citizens. Over the past few years,... Read more
Petrol prices: Consumers in for a shock at petrol pumps
Consumers are in for a shock at the pumps – as the petrol price is set to rise by between 99 cents and a Rand as of Wednesday. The Department of Energy (DoE) on Monday announced that a litre of petrol 93 (ULP and LRP) will rise by 99 cents... Read more
SA provides fertile ground for investment
President Cyril Ramaphosa has assured potential investors that South Africa is working hard to provide a conducive environment for investors. “Government is working with urgency to guide the economy towards a more sustainable growth trajectory and to restore South Africa to investment grade status at all credit rating agencies,”... Read more
SA hard at work to reignite economy
President Cyril Ramaphosa has assured world leaders at the United Nations General Assembly that South Africa is hard at work to revive its economy. “Even as our country is going through difficult economic challenges we have made progress. “We are reforming our economy and creating an environment that is... Read more
Have your say on financial law bill
National Treasury has published the Financial Sector Laws Amendment Bill, which will strengthen the Reserve Bank to manage the orderly resolution or winding down of a failing financial institution for public consultation. Treasury published the Bill for public comment on Tuesday after its approval by Cabinet. “The amendments will... Read more
Bold plans to ignite SA’s economic revival
President Cyril Ramaphosa on Friday announced the details of an economic stimulus and recovery plan, adopted by Cabinet, which is set to amongst others, ignite growth in the South African economy, boost much needed job creation and restore investor confidence. The ambitious and bold measures, which in the main... Read more
Presidential envoy happy with investment mission to Japan
Presidential investment envoy Phumzile Langeni says she is satisfied with progress in the Department of Trade and Industry’s investment mission to Japan. “We are having fruitful engagements with government and the private sector, and they are both very open to us. The discussions are frank and constructive as we... Read more
Wait almost over for stimulus package details
President Cyril Ramaphosa is on Friday expected to deliver the much-anticipated stimulus package aimed at uplifting the country’s distressed economy. The plan was deliberated and approved in this week’s Cabinet meeting. The planned stimulus package proposes measures to reignite the country’s economy from a number of related portfolios, Communications... Read more