Pretoria – Government is hoping to sustain between 50 and 100 000 jobs in the construction sector as it rolls out the country’s large scale infrastructure plan announced by President Jacob Zuma during the State of the Nation Address, earlier Read the full story
East London – A R1.3-billion investment by government into three economic zones in the country will breathe life back into the Eastern Cape’s economy. Coega Development Corporation (CDC) marketing and communications manager, Ayanda Vilakazi, said according to the 2012 Estimates Read the full story
Pretoria – Vehicle manufacturer BMW’s R2.2 billion investment is a vote of confidence in the South African economy by the private sector, Economic Development Minister Ebrahim Patel says. “Today’s launch of the production of the new 3 Series BMW and Read the full story
Pretoria – Finance Minister Pravin Gordhan says job creation is a central priority of government. Focusing on government proposals on THE Medium Term Expenditure Framework (MTEF) during his Budget Speech on Wednesday, Gordhan said an additional R4.8 billion over the Read the full story
Cape Town – Government is to place more emphasis on funding the development of long-term infrastructure the Minister of Finance Pravin Gordhan said today. Presenting the Medium Term Budget Policy Statement in Parliament, Gordhan said public-sector investment in infrastructure – Read the full story
Pretoria – Business should report incidents of key projects being delayed as a result of red tape, Economic Development Minister Ebrahim Patel says. “Business, in particular, as well as the Gauteng provincial government has been invited to identify the key Read the full story
South African state electricity company Eskom has secured a €100-million (R980.8-million) credit facility from French development finance group Agence Française de Développement (AFD) to finance the Sere Wind Project in the Western Cape. The loan forms part of a seven-year, Read the full story