Pretoria – Trade conditions deteriorated sharply in July, says the South African Chamber of Commerce and Industry (SACCI). Current trade conditions, as reflected by the Trade Activity Index (TAI), dipped further into negative territory, registering a seasonally adjusted 38 in Read the full story
Pretoria – The Science and Technology Department and mobile phone supplier, Nokia, have entered into an ambitious partnership to develop technological projects across the country. This came after the department and Nokia signed a memorandum of understanding which allows for Read the full story
Pretoria – Labour Minister Mildred Oliphant has expressed concern on the slow pace of transformation in South Africa’s workplace, saying drastic measures needed to be taken to speed-up change. The minister was speaking after the release the 11th Commission for Read the full story
Cape Town – The Department of Trade and Industry has helped to conclude a total of R28 billion in investments in the South African economy and aims to help facilitate R115 billion in investments in the next few years, the Read the full story
Small construction businesses must start looking at the private sector for tenders. This was just one piece of guidance on offer at the 2011 Construction Indaba. The two-day meeting, initiated by the eThekwini Municipality’s Business Support Tourism and Markets Unit, Read the full story
South Africa’s National Empowerment Fund, an agency of the Department of Trade and Industry, has launched the Enterprise Development Fund to fund small, medium and micro black enterprises with loans ranging between R250 000 (US$37 000) and R75-million ($11-million). The difference between Read the full story
Dr Garth Cambray, managing director of Makana Meadery in Grahamstown, is another brand ambassador in the Eastern Cape with a local approach and global vision. Like the name suggests, his company makes wine from fermented honey, also known as mead, Read the full story
The Industrial Developmental Corporation (IDC) approved funding of R8.4-billion for the year ending March 2011. The funding, its highest ever for South African-based investments, is expected to create up to 20 000 full-time jobs and save an additional 11 000 Read the full story
The sum total of the estimated 2,8 million small, medium and micro-enterprises (SMMEs) contribute between 52% and 57% to the gross domestic product (GDP). It is also estimated that SMMEs contribute nearly 61% of employment. The South Afircan government aims Read the full story