UAE pledges to invest $10bn in SA
The United Arab Emirates (UAE) has committed to invest US $10 billion in key sectors of South Africa’s economy, including tourism and mining, to support the sustainable development of the country. The announcement follows Friday’s State visit by President Cyril Ramaphosa, who met with his counterpart, Sheikh Khalifa bin... Read more
SA companies to seek opportunities in Angola
Trade and Industry Deputy Minister Bulelani Magwanishe is expected to lead a business delegation on a trade and investment mission to Angola. Speaking ahead of Monday’s investment mission, Magwanishe said the mission grants the Department of Trade and Industry (the dti) the prospect of continued economic collaboration and partnerships... Read more
SA on investment drive in Middle East
President Cyril Ramaphosa, who has concluded his working visit to Nigeria, will continue with his three-nation visit which will now take him to Saudi Arabia on Thursday. During his visit in Saudi Arabia, President Ramaphosa is scheduled to meet with the Custodian of the Two Holy Mosques, King Salman... Read more
Business Confidence declines in June
South Africa’s Business Confidence Index declined by 0.3 index points in June, dropping below the level of a year ago. Releasing the June Business Confidence Index (BCI) on Tuesday, the South African Chamber of Commerce and Industry (SACCI) said the BCI declined by 0.3 index points in June 2018... Read more
Pick n Pay Knysna Oyster Festival delighting the crowds
This year’s Pick n Pay Knysna Oyster Festival is well and truly underway, with sport, food and wine events and loads of family activities keeping holiday makers busy in the much-loved Garden Route town and surrounding areas. The first major sporting event, the Momentum Knysna Cycle Tour, kicked off... Read more
Business Confidence at the Coega SEZ simmers to greater heights
 Agni Steel SA given the green light to expand with Phase 2 & 3 expansion Steel recycling and processing plant, Agni Steel SA located in Zone 6 of the Coega SEZ recently received authorisation for its Phase two (2) & three (3) expansion plan from the Department of Economic... Read more
Ports Authority Announces Rotation of Harbour Masters
Transnet National Ports Authority (TNPA) will be implementing several inter-port transfers within its complement of Harbour Masters, effective 1 July 2018. The changes will allow ongoing development of TNPA’s Harbour Masters through their exposure to other ports within the Ports Authority’s network of complementary ports. The transfers will also... Read more
BRICS Deputy Ministers meet to discuss Middle East, North Africa
The Fourth Meeting of the BRICS Deputy Ministers on the Middle East and North Africa (MENA) region kicked off in Pretoria on Tuesday morning. The meeting, which is chaired by International Relations and Cooperation Deputy Minister Luwellyn Landers, is expected to discuss the current situation in these two regions,... Read more
Coega puts the EC on the map with global investment attractions
EC Premier and the Governor of Zhejiang province recognizes the endless opportunities for investors available in Coega  Eastern Cape Premier, Hon. Phumulo Masualle, and the Governor of Zhejiang Province in the People’s Republic of China, Honorable Che Jun were hosted by the CDC for a presentation on the special... Read more
SA participates in UN space conference
Trade and Industry Deputy Minister Bulelani Magwanishe is this week leading a delegation to the United Nations Conference on the Exploration and Peaceful Uses of Outer Space (UNISPACE+50), which gets underway today. The Deputy Minister is leading a delegation to the UNISPACE+50 Symposium in Vienna, Austria. The symposium will run until... Read more