Bizcommunity.com Decades of consistent investment in infrastructure have been instrumental in fostering and preserving a robust base of engineering expertise within South Africa, particularly among consulting engineers. Andrew van Zyl, managing director of SRK Consulting, emphasises the pivotal role of consulting engineers in upholding exacting standards in project planning and execution. These professionals offer highly…
Bizcommunity.com South Africa’s freight and logistics market is expected to grow rapidly in the coming years, driven by the growth of e-commerce and development in outlying areas. The market is expected to contribute $21.53bn to the economy in 2023, while online retail sales are expected to contribute more than double that amount at $46bn within…
Agence France-Presse (AFP) Working as a nurse in her rural Nigerian village, Andat Datau faced more than her share of challenges. But delivering babies by torchlight was always hard. Off-grid for years, her Sabon Gida village relied on diesel generators or lamps and, like millions of other Africans, Datau often got no light at all….
Reuters JOHANNESBURG, Oct 30 (Reuters) – The South African rand rose on Monday at the start of a data-heavy week that includes the government’s midterm budget statement. At 1505 GMT, the rand traded at 18.8000 against the dollar, more than 0.3% stronger than its previous close. Meanwhile, the dollar last traded down 0.4% against a…
Bizcommunity.com For some years, South Africa’s mining industry has been in decline. Diminishing reserves, a drop in commodity prices, currency fluctuations, energy reliability, and deteriorating infrastructure have all played a part. From a GDP contribution of over 20% in 1980, the sector contributes just 8% today. This doesn’t spell the end of the industry, but…
Reuters News Zimbabwe is targeting economic growth of 3.6% next year, down from an earlier target of 5.3%, due to drought conditions, its Finance Minister Mthuli Ncube said on Wednesday.
Reuters News CAPE TOWN – South Africa’s finance minister will propose tax measures next year to raise additional revenue, a mid-term budget review said on Wednesday, as the National Treasury projected wider budget deficits and higher debt over the next three years. A major constraint on South Africa’s economic growth potential in the last decade…
Reuters News South African state power utility Eskom said on Tuesday that its net loss for the financial year that ended in March had widened to 23.9 billion rand ($1.27 billion) from a revised 11.9 billion rand loss the previous year. This year Eskom has implemented the worst power cuts on record in Africa’s most…
Reuters News The International Monetary Fund (IMF) and Rwanda have reached a staff-level agreement on a new 14-month credit facility worth about $262 million to help mitigate balance of payment pressures arising from climate-related shocks, the IMF said on Tuesday.
Bizcommunity.com South African Tourism Minister Patricia de Lille jas welcomed the introduction of the Saudi Arabia e-visa system, which will make it easier for South Africans to visit the country for tourism purposes. “I am extremely pleased with this development as South Africa also became the first African country to be added to the list….
