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South Africa

SA improves ease of doing of business

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Brand South Africa has welcomed South Africa’s performance in the 2018 World Bank’s Ease of Doing Business Index (EDB), which sees the country placing 82nd out of 190 economies.

Minister pays tribute to fallen firefighter

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Cooperative Governance and Traditional Affairs (Cogta) Minister Zweli Mkhize has extended condolences to the family and colleagues of the firefighter killed when the truck in which they were travelling overturned and rolled down a pass.

Ambulance strike called off

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Unions representing Emergency Medical Services (EMS) employees in Bhisho, Eastern Cape, have called off their strike after reaching an agreement with management.

ILO plans centenary celebrations

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The International Labour Organisation (ILO) has started the countdown to its 100th anniversary and will host a series of global, regional and national events throughout 2019.

AfDB’s bold move for women-owned businesses

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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

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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

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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

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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.