Tag Archive | President Jacob Zuma

Calls for government departments to pay small businesses on time

President Jacob Zuma has urged government departments and provinces to pay businesses, particularly small enterprises on time, within the stipulated 30 days of submitting legitimate invoices. “Failure to pay on time has a negative impact on our economy, especially on the small businesses, which run the real risk of being squeezed out of business activity,” […]

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State guaranteed loans could fund varsity fees

The Heher commission has recommended that all tertiary students in South Africa be given access to State guaranteed bank loans, which they would only pay back once they start earning a certain income. The Commission of Inquiry into the feasibility of making higher education and training fee-free in South Africa has recommended that all students […]

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Posted in Education0 Comments

KZN’s Operation Vula to boost small business, transform economy

The KwaZulu-Natal Provincial Government has launched a ground-breaking policy programme geared towards improving the participation of small businesses and small-scale farmers in the economy. “Operation Vula” and its subsidiary, known as the Radical Agrarian Socio-Economic Transformation (RASET), were launched by President Jacob Zuma and the KZN provincial government in Ixopo on Tuesday. Operation Vula seeks to localise […]

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Posted in Affirmative Action, Enterprise Development0 Comments

Maluti-a-Phofung SEZ launched

President Jacob Zuma on Tuesday launched the much anticipated Maluti-a-Phofung Special Economic Zone (MAP-SEZ) demonstrating government’s promotion of industrial development. “This launch and the development of the Maluti-a-Phofung SEZ demonstrates our promotion of industrial development which is key to the nation’s long-term economic success and prosperity,” said President Zuma. He said South Africa wants to […]

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Posted in Enterprise Development, Government0 Comments

Zuma nominates first female President of SCA

President Jacob Zuma has, in terms of Section 174(3) of the Constitution of the Republic of South Africa, 1996, nominated Madam Justice Mandisa Muriel Lindelwa Maya as the President of the Supreme Court of Appeal. Justice Maya will fill the vacancy that has occurred following the discharge from active service of Mr Justice Lex Mpati. […]

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President Zuma’s SONA focuses on radical socio-economic transformation

President of the Republic of South Africa, Mr Jacob Zuma delivered his State of The Nation Address (SONA) last evening. The President went to great lengths about a number of topics ranging from the economic landscape, the triple challenges of unemployment, poverty and inequality, crime and more pressing issues. In the run-up to the SONA, we […]

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Posted in Government0 Comments

SME fund to stimulate growth

A fund aimed at supporting small and medium sized enterprises (SME) to grow the economy has been established, with the private sector having contributed over R1 billion to its coffers. Addressing the media following the Presidential CEOs Initiative meeting on Friday, President Jacob Zuma said the SME Fund that will make equity investments in small […]

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