Government ups the ante on infrastructure
Government’s Infrastructure Fund is set to receive a 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 banks... Read more
Google-Getty deal is good, but more needs to be done
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
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 Nicolas Branly as its Service Director
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
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
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
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 a finalists at the prestigious Premier Business Awards
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
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 1.8%. In total, 557 586 new vehicles were... Read more
Reserve Bank speaks on KPMG
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