Economy and Business

South Africa sets up fund for new industrialists

Black industrialists are to benefit from a R23-billion fund, while the Industrial Development Corporation has earmarked R100-billion over five years to grow industrialisation, transformation and job creation. The moves are intended to bring more South Africans into the economic mainstream.

Active citizens build South Africa’s brand

It is up to South Africans to build the nation's brand; this will not be done overnight but can take years. Each citizen must participate actively, or negative perceptions may remain, a Vega Masterclass learns.

Dyer Island Trust teaches people to protect marine heritage

The team at Dyer Island Conservation Trust knows that it takes a community to protect marine life and heritage; it is not a job for one organisation. The Western Cape group engages with local communities and tourists, teaching them about how to save our oceans and its creatures.

WATCH LIVE: 2016 Medium-term Budget

Finance minister, Pravin Gordhan, may provide solutions to curb the current drought and university students’ call for free education. (Image: GCIS) Finance minister, Pravin Gordhan,...

Young South Africans plan to stay at home

The youth are our future, and in South Africa, that future wants to stay at home. Less than 10% of South Africans under the age of 24 planned to migrate to another country, a Brand South Africa survey has found.

South Africa lures BPO investors

"The BPO sector is not just the flavour of the month," Deputy President Phumzile Mlambo-Ngcuka told industry leaders in London as the country launched a bid to market itself as an international destination for business process outsourcing.

Strong showing in global competitiveness

South Africa ranks at a respectable 53rd in the World Economic Forum's Global Competitiveness Report. It is second among the Brics countries, and many aspects of its financial sector are the best in the world.

German firms upbeat about SA

German firms operating in South Africa are mostly upbeat about the economy, saying investment returns are good, productivity praiseworthy, and infrastructure cheap and reliable.

South Africa stable on Ibrahim Index of African Governance

South Africa kept its fourth position out of 54 countries in the 2015 Ibrahim Index of African Governance, released on Monday, and edged up in the safety and rule of law category.

African Union choose new chairperson

Chadian Foreign Minister Moussa Faki Mahamat has been chosen as the new chairperson of the African Union Commission. Mahamat replaces South Africa’s Nkosazana Dlamini-Zuma. CD...