Skip to main content
Search SAnews

South Africa

AfDB’s bold move for women-owned businesses

Banks operating in Africa have been urged to accelerate funding for women-owned businesses or risk limited lending from the African Development Bank (AfDB), the institution cautioned on Wednesday.

Heads roll over VBS in Limpopo

Officials from local municipalities in Limpopo have been shown the door for their involvement in the VBS Mutual Bank.

VBS in the red by R372 million

Reserve Bank Deputy Governor Kuben Naidoo says unaudited restated financial statements show that VBS Mutual Bank has a negative equity position of R372 million.

African development changes course from aid to investment

African Presidents have been saluted at the inaugural Africa Investment Forum for embracing the continent’s economic growth project, with event organisers on Wednesday saying this will go a long way in attracting tangible investment.

President talks tough on ethnic chauvinism

The National Assembly’s house chairperson of internal arrangements, Thoko Didiza, had to suspend a question and answer session for a few minutes to restore order after an exchange between Members of Parliament went from a series of point of orders to unparliamentary insults.

SA positions itself to attract investment

President Cyril Ramaphosa says government has prioritised several key reforms aimed at attracting investment into minerals and petroleum exploration, tourism and agriculture.

Cleaning sector minimum wage review underway

The Bargaining Forum in the contract cleaning sector has proposed revised wages ahead of the review of the current sectoral determination, said the Department of Labour.

SA investment climate is improving

Foreign investment, if targeted and nurtured, can drive economic growth and in turn contribute to much-needed job creation and economic inclusion for all, says Trade and Industry Minister Rob Davies.