Stellenbosch – Distell, Africa’s leading producer and marketer of spirits, fine wines, ciders and ready-to-drinks (RTDs), today announced that it will begin producing hand sanitisers and other hygienic products at its production facilities as part of its efforts to help Read the full story
The Gauteng Division of the High Court of South Africa (High Court) has dismissed with cost the urgent application by Risc Technology Integration (Pty) Ltd to interdict the B-BBEE Commission from implementing its decision and recommendations. This is after the Read the full story
Currently youth unemployment in South Africa is estimated at 58.2%, the highest the country ever had. Only one in three young people of working age are employed. What causes unemployment? Unemployment is mainly caused by the mismatch of skills, high-level Read the full story
Gauteng MEC for Economic Development Morakane Mosupyoe on Wednesday said Gauteng was leading the revitalisation of the township economies. This was announced during her post State of Province Address media briefing. “The Township Economy Development Policy Statement has been Read the full story
Government is planning to implement Broad-Based Black Economic Empowerment (BBBEE) codes to address unemployment in South Africa. This is stated in the new Draft National Youth policy for 2020 – 2030. According to the document, gazetted by the Department of Read the full story
In his budget speech the Minister of Finance, Tito Mboweni announced the formation of the South African Sovereign Wealth Fund (SWF) with a target capital amount of about R30 billion. “Mr President, a Sovereign Wealth Fund is an important long-term Read the full story
PRETORIA – Gauteng Premier David Makhura delivered his 2020 State of the Province Address at the Sefako Makgatho Health Sciences University in Ga-Rankuwa. He said in the next five years, the Gauteng Provincial Government will spend R60 billion on building Read the full story
One of the functions of the B-BBEE Commission is to promote sound corporate governance practices as such are key to the success and sustainability of small and medium-sized enterprises. This was said by the Senior Manager of Compliance at the Read the full story
South Africa’s largest fuel company, Engen has committed to fuel the work of humanitarian disaster relief organisation, Gift of the Givers to the tune of R2 million annually for the next three years. This is in line with Engine’s commitment Read the full story
Mobile technology giant, Blue Label Telecoms has established a foundation called Trust Blue Foundation. The foundation draws on the company’s technology and innovation to fast-track socioeconomic transformation and drive meaningful participation of blacks, women, youth and people with disabilities in Read the full story
