Coega SEZ gets international acclaim
Chinese Ambassador to South Africa, Songtian Lin, says the Coega Special Economic Zone is a good case study for the continent and the world on how to develop and operate a SEZ. “The Coega SEZ is by far the most successful SEZ on the African continent. It is a good... Read more
DPSA minister on drive to improve public service
Public Service and Administration Minister Faith Muthambi is on Thursday expected to listen to the day-to-day challenges faced by Limpopo public servants. The meeting is aimed at promoting an innovative, selfless and inspired public service in honour of liberation struggle hero, Oliver Reginald (OR) Tambo. The South African government... Read more
Sanral monitors cape vulture colony
Recent environmental monitoring related to the construction of the Msikaba and Mtentu bridge haul roads found no evidence of disturbance to the Msikaba Cape Vulture Colony, the South African National Roads Agency SOC Ltd (SANRAL) announced today. As part of the environmental requirements for the N2 Wild Coast road... Read more
Eskom welcomes Nersa decision
Eskom has welcomed Nersa’s approval of the consultation process for the power utility’s 2018/19 revenue applications. On Thursday, the power utility said its year-price determination (MYPD 3) cycle comes to an end on 31 March 2018. The National Energy Regulator of South Africa (Nersa) gave its approval for Eskom... Read more
Talks underway to address SAA debt
Deputy President Cyril Ramaphosa says any funds that are being considered to help address South African Airways (SAA) maturing debt will have to be appropriated through a special appropriations bill that will be introduced to Parliament. He also said that SAA was in talks with its lenders in a... Read more
Atlantis SEZ a step closer to fruition
Trade and Industry Minister Rob Davies has published the intention to designate the Atlantis Special Economic Zone (SEZ). The public has 30 days from 8 September to support or object the designation of Atlantis. On Friday, Minister Davies said the proposed SEZ has already demonstrated its strong economic potential... Read more
R50m youth-owned pet food company launched
Trade and Industry Deputy Minister Bulelani Magwanishe on Friday launched a R50 million black industrialist firm in Gauteng, saying it confirms the capability of young people. The Deputy Minister said the launch of the 65% youth-owned black industrialist company shows that young people can contribute actively to the creation... Read more
Coega recognised for job creation, services to investors
The Coega Development Corporation (CDC), operator of the multi-award winning Coega Special Economic Zone (SEZ), has been recognised for its dedication to job creation initiatives and excellent services to export orientated investors. The award bestowed onto the CDC, by the Exporters Club has been described by Dr Ayanda Vilakazi,... Read more
Cabinet condemns SAA leaks
The cabinet has condemned the leak of a Cabinet Memo proposing options for the recapitalization of South African Airways (SAA). “A Cabinet Memo is a classified document and leaking it contravenes government’s information security framework, the Minimum Information Security Standards,” Cabinet said. Cabinet said it has tasked the Justice,... Read more
Eskom Trillian deadline on Friday
Power utility Eskom has until August to heed Minister of Public Enterprises, Lynne Brown’s instruction to clarify its business association with Trillian Capital Holdings. Eskom was initially supposed to submit this report on Thursday but the Minister extended the deadline, saying she wanted additional information. “The Minister … has asked... Read more