A SMME (small, micro and medium enterprises) Buzz was held on Thursday 15 July 2010 at Ga-Segonyana Municipality to give SMME’s in the Gamagara, Ga-Segonyana and Moshaweng areas an opportunity to network and receive additional business information. The event was organised by Dia-Plus Managing Consultants, the SMME mentoring company contracted by the Kumba Iron . . . → Read More: SMME Buzz Teaches the Know Hows to Small Businesses
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In one of the biggest equity equivalent deals seen in South Africa to date, Microsoft is to invest almost half a billion Rand over the next seven years into the local software industry. The deal, announced on Friday 23 April 2010 by Trade and Industry Deputy Minister Maria Ntuli and Microsoft South Africa Managing . . . → Read More: Microsoft Launches Half a Billion Rand BBBEE Deal in SA The Ministry of Finance has once again invited all South Africans to send through their tips on what they would like to see in the country’s Budget. Run throughout the year, the campaign ensures active participation in government programmes especially matters related to the economy. Through the campaign the public gets an opportunity to . . . → Read More: Public Invited to Send Budget Tips While South Africa has technically ended its economic recession with an economic growth of 0.9 percent in the last quarter of 2009, business experts have cautioned that it was probably too early to celebrate. Business Unity South Africa (BUSA) said while the economy was showing positive signs of growth, South Africans should not detract . . . → Read More: No Quick Recovery from Recession Kumba Iron Ore was the platinum sponsor for the Northern Cape Economic Summit that was held in Kimberley from 01-03 December 2009. Kumba is currently the second largest contributor to the economy of the Northern Cape. The company’s focus is on long term sustainability through responsible mining. In his presentation at the summit, Andrew . . . → Read More: Kumba ~ Platinum Sponsor of the NC Economic Summit Government would like to engage in an open debate with trade unions and private-sector economists on how to make the Rand more competitive, says Minister of Economic Development Ebrahim Patel. Mr Patel said Cabinet had agreed that the country needed a more competitive exchange rate and pointed out that the problem was that while . . . → Read More: Government Keen to Engage in Open Debate about the Rand As Gill Marcus took over as Governor of the South African Reserve Bank on Monday 09 November 2009, economists praised her experience in the banking sector. Ms Marcus took up her post amidst South Africa’s first recession in 17 years and a difficult economic climate. She replaced Tito Mboweni. Nedbank Chief Economist Dennis Dykes . . . → Read More: New SA Reserve Bank Governor Takes Over South Africa’s Economic Development Ministry on Thursday 22 October 2009 denied reports that it planned to “freeze” the Rand currency, which had added to fears of a policy shift, weakening the Rand. “We have absolutely no idea about this [report]. We are surprised, as anybody else,” said the ministry’s spokeswoman Zubeida Jaffer. It was . . . → Read More: Ministry Denies Rand ‘Freeze’ Report The Blocuso Wine Development Initiative outside Keimoes in the Northern Cape should be an example of how true empowerment and land reform can work in the wine industry. According to Herman Cruywagen, Chief Executive Officer of Oranjerivier Wine Cellars which is one of the partners of the Blocuso Project, the need for black economic . . . → Read More: NC Wine Industry Empowerment Project South Africa’s central bank has offered “sufficient” monetary policy accommodation to help pull the economy out of a “mild” recession, central bank Governor Tito Mboweni said on Tuesday 13 October 2009. Africa’s biggest economy slumped into its first recession in nearly two decades at the start of the year, later than the rest of . . . → Read More: Mboweni Forecasts End of Recession |
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