Finance Minister Malusi Gigaba announced the winners of the 2017 Nedbank Old Mutual Budget Speech Competition at a gala dinner. Khayelihle Madlopha from the University of Zululand and Benjamin McGraw from Wits University scooped the top prize in the Undergraduate and Postgraduate categories respectively. The winners and runners-up were... Read more
Biodiversity sector commits to transformation
The third Biodiversity Economy Indaba (BEI) has ended with pledges by stakeholders in the wildlife, bio-trade and eco-tourism sectors to ensure greater inclusivity and transformation. Recently held under the theme ‘Entrepreneurs meet investors for a thriving and inclusive biodiversity economy’, the indaba was also an opportunity for stakeholders to... Read more
Changes ahead at Boardwalk
Mall development part of multimillion-rand facelift Nelson Mandela Bay’s beachfront hotel, entertainment and gaming complex the Sun Boardwalk will undergo a multimillion-rand facelift this year when work begins on a new, multi-purpose mall development there in September. Scores of jobs are expected to be created during the construction phase... Read more
Dti leads delegation on mining trade mission
The Department of Trade and Industry (dti) is leading a delegation of companies on an Outward Selling and Investment Mission (OSIM) to Canada, which gets underway today. The investment mission is undertaken in collaboration with the Department of Mineral Resources (DMR) and Investment South Africa (ISA), a division of... Read more
Government welcomes Whirlpool investment
Trade and Industry Minister Dr Rob Davies has welcomed Whirlpool South Africa’s R100 million investment that is expected to create 100 jobs. The multinational, which manufactures a comprehensive range of KIC brand refrigerators and freezers among others, this week launched a new range of 14 upgraded bottom mount fridges... Read more
Companies must gear up entrepreneurial drive to match technical innovation
Technological innovation has triggered a new trend internationally – the need for large companies to become more “entrepreneurial”. Dr Gorkan Ahmetoglu, co-founder of Meta Profiling and lecturer in business psychology at the University College of London, says although many companies talk about “incorporating new technologies”, they are in fact... Read more
Is an interest rate cut likely in 2018?
At the release of the PayProp Rental Index Annual Review of 2017 it was suggested that the lending rate could fall in 2018. Johette Smuts, head of data and analytics at PayProp, noted: “Economists are talking about a possible rate cut, which will boost not just the economy but... 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
Parliamentarians urged to push natural resource management
Members of Parliament have an important role to play in advancing the governance of natural resources that South Africa is endowed with, says Communications Minister Mmamoloko Kubayi-Ngubane. Speaking at a colloquium on the sidelines of the Mining Indaba currently underway in Cape Town, Minister Kubayi-Ngubane said it is common... Read more
Cape Town digs deep to mitigate drought
In a bid to stave off Day Zero, the City of Cape Town is drilling its aquifers to abstract groundwater, which are expected to offer much-needed water relief for the drought-stricken city. “I announced that the recent groundwater survey had confirmed that aquifers around Cape Town could deliver... Read more