SOUTH Africa’s agricultural sector ought to be celebrating its golden age but it cannot. Rampant corruption, incessant load shedding, rising crime and poor infrastructure are taking the glitter off bumper harvests. Rural towns are the hardest hit by these manmade disasters. Had it not been for these crises, South Africa’s agriculture would have had greater… Continue reading Man-made Crises Hobble South Africa’s Farming Sector
Category: Business
Load Shedding The Final Nail In The Coffin
LOAD shedding might as well be denounced as the second pandemic as it forces companies to close or work below capacity. As was the case during the outbreak of COVID-19, hotels and restaurants are the hardest hit by the latest crisis. Recently, the Market Cafe in Morningside, Durban sent an emotional notice announcing its closure,… Continue reading Load Shedding The Final Nail In The Coffin
Eswatini Air Flights Boost Tourism, Trade Ties With SA
THE resumption of flights by Eswatini Air to South Africa is anticipated to boost trade between the two countries. The direct flight to Durban was opened early in May, with a maximum capacity of 50 passengers operated by an Embraer ERJ 145 aircraft. It operates flights on Mondays, Thursdays, and Saturdays. There are plans to… Continue reading Eswatini Air Flights Boost Tourism, Trade Ties With SA
Gauteng Welcomes Zambia Airways To South Africa
GAUTENG, South Africa’s economic hub, has welcomed the commencement of flights into the country by Zambia Airways. The first flight touched down at the O.R Tambo International in Johannesburg on Thursday amid fanfare, as the aircraft was welcomed with the traditional water cannon salute. It will service the Lusaka-Johannesburg route with flights running twicedaily. Gauteng… Continue reading Gauteng Welcomes Zambia Airways To South Africa
Amid A Growing Trend Of De-Dollarisation, The Currencies Of BRICS Countries Are Rising In Prominence
China and Brazil have agreed to trade in the Chinese currency renminbi and Brazilian real before the visit of Brazil’s President Luiz Inacio Lula da Silva to China. This shift away from the US dollar is regarded as pragmatic and rational in the face of the current global financial fiasco. Reports suggest that the BRICS… Continue reading Amid A Growing Trend Of De-Dollarisation, The Currencies Of BRICS Countries Are Rising In Prominence
240 Illegal Gambling Machines Destroyed As Asylum Seekers Warned Against breaking SA Laws
Limpopo Economic Development, Environment and Tourism MEC Rodgers Monama has raised concerns about foreign nationals who arrive in the country as asylum seekers but end up committing crime. Monama raised the concerns during the demolition of 240 illegal gambling machines, mostly Chinese Roulettes, that were confiscated at various spaza shops across the province through the… Continue reading 240 Illegal Gambling Machines Destroyed As Asylum Seekers Warned Against breaking SA Laws
De Ruyter’s Claims About Econ Oil Are a Pack Of Lies, Says Businesswoman Nothemba Mlonzi
Businesswoman Nothemba Mlonzi, the CEO of fuel supply company Econ Oil, has rejected Eskom boss Andre De Ruyter’s claims that her firm overcharged the power utility to the tune of billions of rands. Maintaining that De Ruyter had weaponised his alleged anti-corruption crackdown at Eskom, Mlonzi has accused him of misrepresenting facts and peddling “falsehoods”… Continue reading De Ruyter’s Claims About Econ Oil Are a Pack Of Lies, Says Businesswoman Nothemba Mlonzi
Madagascar’s Energy Transition Accelerated
THE launch of Madagascar’s flagship infrastructure project paves the way for the acceleration of a scheme to provide access to electricity for more than 2 million citizens. That equates to approximately 8 percent of the island country’s population. Upon completion in 2028, the Vobe Among project is also anticipated tospeed Madagascar’s energy transition with up… Continue reading Madagascar’s Energy Transition Accelerated
Nkwe Invests Over R50 Million In Mining Community Projects
NKWE Platinum Limited has spent R53 million ($2,675 million) in a community empowerment initiative in South Africa’s northernmost Limpopo province. Initiatives include contracts awarded to communities and local businesses, such as R7,6 million for the site preparation work for the box cut in 2021, and R36 million of crushers material supply, tipper truck and diesel… Continue reading Nkwe Invests Over R50 Million In Mining Community Projects
Vodacom Spends R300 Million On Limpopo Network
VODACOM spent R300 million during the 2022/23 financial year into its network in the Limpopo province. This went towards expanding broadband coverage in remote areas without access to internet services. The mobile network operator has commissioned R6 million worth of 4G and 5G base station sites in five of 13 rural hospitals in the province.… Continue reading Vodacom Spends R300 Million On Limpopo Network