Business

South Africa and BRICS Plus Collaborate on Infrastructure and renewable Energy

South Africa has received a loan worth $ 1 billion from the New Development Bank (NDB) created by the rising economies of the BRICS Plus nations. The NDB approved the loan for the South African government to support water and sanitation infrastructure. This finding, under South Africa’s Municipal Infrastructure Grant programme aims to address infrastructure […]

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Ramaphosa is happy about the closer ties between Government and Business

President Cyril Ramaphosa appears to be pleased with himself. The country’s new 10-party unity government is forging closer ties with the business community, with positive spin-offs for the country at large. Speaking at a lobby group known as Business Unity South Africa’s annual general meeting between government and business the President said in a speech

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Durban Business Woman admits to Collaboration with Construction Mafia

Durban Business Woman admits to Collaboration with Construction Mafia

Durban Business Woman and CEO of the Zikhulise Group Shauwn “MaMkhize” Mkhize has admitted to working with the “construction mafia,” who are known for using violence and intimidation to extort money from business in the public work sector. Mkhize’s confession comes weeks after her name trended in relation to an assassination attempt on a SARS

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President Ramaphosa signs into Law Electricity Bill and Compact Health Bill

President Cyril Ramaphosa has signed into law the Electricity Regulation Amendment Bill at the weekend, which is meant to create a competitive electricity market. The bill amends the Electricity Regulation act of 2006 to “open up pathways to greater competition and reduced energy costs; increase investment in new generation capacity to achieve energy security; establish

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South Africa continues to pursue new Industrialization along side BRICS Partners

South Africa has made a new commitment to industrialize, re-industrialize, transform and establish a capable state through economic growth based on constitutional principles aimed at building a better future for all. This was the message given by Minister of Trade, Industry and Competition (dtic) Parks Tau on Friday, during his virtual participation in the eight

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As the Political Class undergo New Setup South Africa Loses Economic Edge

As the Political Class undergo New Setup South Africa Loses Economic Edge

Political analyst Andre Duvenage has stated the time had arrived for drastic changes in the political landscape. According to Duvenage it was highly unlikely that political parties would have an outright majority come elections in the future. Devenage said the only possibility was seeing parties amalgamate (merge) or working close together, just like the progressive

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As BRICKS Propose Unified Currency SA asks EU to Soften Carbon Tax

South Africa finds itself in a complicated tug of war concerning relations with the European Union and a member of the BRICS+ economies. Pretoria plans to approach the EU to discuss its proposed tax on carbon-intensive imports. The argument that the South African government has given is that it will negatively impact the emerging economies

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South Africa’s Water is still under threat while most South Africans are unprepared for Financial Set back

The risk of pollution in ground water is increasing. South Africa’s water pollution situation is well-documented, with surface water resources under immense pressure from overuse, pollution and climate change. However, amidst the concerns, the cleanliness of ground water as a source of drinkable liquid remains under threat. This underground reservoir, accessed through boreholes and springs,

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