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Archive by category “ Finance

Italian couple is travelling around the world to tell co-operative stories

An Italian couple have set out on a year-long journey to discover inspiring co-op stories. Researcher Sara Vicari and her husband, video editor Andrea Mancori, are documenting co-ops, collective action and sustainable development in more than 10 countries. The couple have set up an association – Aroundtheworld.coop – to give voice to

Afreximbank anniversary a lodestar for the AfCFTA

President Cyril Ramaphosa says the 25th Anniversary of the African Export-lmport Bank (Afreximbank) serves as an inspiration to what the continent can achieve with the African Continental Free Trade Area (AfCFTA). “We have many success stories of companies and organisations that are making a great difference in the lives of

Financial literacy campaign to be launched in October

A public awareness campaign designed to promote financial literacy and educating consumers about best financial practices with Finance Minister Nhlanhla Nene as its patron will be launched in October. National Treasury together with the Financial Sector Conduct Authority (FSCA) and the National Consumer Financial Education Committee (NCFEC) will launch the

Lend a hand to boost SA’s economy

President Cyril Ramaphosa is set to rally the business community to lend a hand in growing and boosting the country’s economy at the World Economic Forum roundtable with the South African government. “The WEF Roundtable is convened in South Africa to shape an inclusive and sustainable agenda for economic growth,

President Ramaphosa welcomes Old Mutual to the JSE

President Cyril Ramaphosa has welcomed Old Mutual Limited moving its headline listing from London to the Johannesburg Stock Exchange (JSE). The President attended and addressed the announcement gala dinner event on Monday. “Our congratulations to Old Mutual on this historic homecoming and I have no doubt whatsoever that with the

Mercedes-Benz’s R10bn investment gets a thumbs up

President Cyril Ramaphosa says the cash injection by Mercedes-Benz in South Africa is proof of its confidence in the economy. “The decision by Mercedes-Benz to further increase its investment in South Africa is a firm statement of confidence in the country and its economy. “It is a statement about the

Africa open for business

President Cyril Ramaphosa says the African continent boasts huge potential for economic growth – making it a lucrative option for keen investors. Addressing delegates at the Japan-Africa Public-Private Forum at the Sandton Convention Centre on Thursday evening, President Ramaphosa said: “Africa is open for business”. “In 2017, Africa’s exports to

R20m for Mpumalanga education

The Department of Education in Mpumalanga has received the biggest portion of the provincial budget with over R20.97 million, which equates to 43.6% of the total provincial budget for the 2018/19 financial year. Delivering his budget speech on Tuesday, MEC for Finance, Economic Development and Tourism, Sikhumbuzo Eric Kholwane, said

SAA to operate single daily flights to London

South African Airways (SAA) will operate single daily flights from Johannesburg to London on a daily basis as of April 2018. With effect from 20 April 2018, SAA will operate a single daily flight from Johannesburg to London Heathrow replacing the double daily service operating on the United Kingdom route

SA welcomes UK funding for public sector

South Africa on Tuesday officially welcomed the United Kingdom’s £2.2 million funding towards capacity building in the public sector. “The funding of £2.2 million that has now been secured from the UK’s Department for International Development (DFID) will further strengthen the implantation of the Capacity Development Strategy (CDS),” said National