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Strategic Investment in Africa’s ports

  JOHANNESBURG, South Africa – April, 2018 – Africa needs to take advantage of the economic potential of its ports and shipping sector if it is to realise its growth ambitions. Globally, ports are gateways for 80% of merchandise trade by volume and 70% by value. Investment in ports and their related transport infrastructure to […]
South Africa Business

Standard Chartered Bank launch digital bank in Ivory Coast

didier drogba - digital bank

ABIDJAN, Ivory Coast –  Standard Chartered Bank (www.SC.com) today announced the official launch of its digital bank in Côte d’Ivoire. This marks the Bank’s first digital bank in Africa and the first-of-its-kind to open in Côte d’Ivoire. [Read more…]

Innovation and consolidation to drive African tech deals

africa tech

CAPE TOWN, South Africa – Improving economic growth and investment in technology and broadband to fuel growth in Africa’s telecom media and tech sector [Read more…]

Diversification to grow regional economy via SADC

“The diversification of our economies and industrialisation will ultimately put the region on its rightful path as a global economic player,” said President Jacob Zuma, who is also the chair of the SADC regional bloc, on Tuesday. Diversification to grow regional economy Partnering with the private sector will unlock avenues that southern African governments alone […]
News – South Africa Business

SA seeks bigger benefits for Africa in global economy

South Africa – With Africa beset by the double scourge of illicit financial outflows and the disparity of the global economy, President Jacob Zuma says the United Nations must play a central role in tackling both issues. The current structure of the global economy continues to deepen the divide between the north and south, President […]
News – South Africa Business

President Zuma returns from 9th BRICS Summit

President Jacob Zuma is back in the country after his successful working visit to Xiamen, China, where he attended the ninth BRICS Summit. President Zuma, who arrived in the country this morning, had joined other BRICS leaders for the summit, which was held under the theme ‘BRICS: Stronger Partnership for a Brighter Future’. They discussed […]
News – South Africa Business

Medium-Term Budget Policy Statement delivered

Pretoria – Business has welcomed the Medium-Term Budget Policy Statement (MTBPS) delivered by Finance Minister Pravin Gordhan. Medium-Term Budget Policy Statement “The South African Chamber of Commerce and industry (SACCI) welcomes the announcement of the MTBPS delivered by the Honourable Minister of Finance Mr. Pravin Gordhan,” said SACCI following the tabling of the MTBPS in […]

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News – South Africa Business

Investment bill is consistent

Investment Bill – South Africa’s Protection of Investment Act of 2015 provides protection to foreign investors in a manner that is consistent with the Constitution, says the Department of Trade and Industry (dti). SA’s investment bill is consistent with the Constitution In a statement on Saturday, the dti said the bill, which has come under […]

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News – South Africa Business

China upgrades its relations with Africa

africa industriliasation

The Chinese government has announced that it will roll out 10 cooperation plans that will strengthen cooperation with Africa in the coming three years. [Read more…]

Youth must work for Africa economy

africa work

South Africa – Deputy Minister in the Presidency Buti Manamela says it’s high time new ways are found to turn the more than 200 million young people in Africa into human capital. [Read more…]