Business In The News South Africa

Kenny Kunene introduces a safer ride service that doesn’t hurt your pocket

Staff Reporter JOHANNESBURG – Businessman and owner of Kusema Media Group, publishers of Africa News 24-7, has taken over Smart mobility Technology Company YooKoo, the company announced this morning. YooKoo Ride- branded sedands In a statement, YooKoo which entered the taxi e-hailing market in 2017, said Kunene, who is a shareholder, has been brought on […]

Business Lead South Africa

SA flags infrastructure investment plans of R526 billion

CAPE TOWN, February 20 – South Africa’s government has infrastructure investment plans amounting to R526 billion over the next three years and is stepping up its build programme by partnering with the private sector, development finance institutions and multilateral development banks for funding, the National Treasury said on Wednesday. President Cyril Ramaphosa’s government said last […]

Business Lead South Africa

Mboweni says talks with ratings agencies were ‘very difficult’

PARLIAMENT, February 20 – Finance Minister Tito Mboweni on Wednesday described the National Treasury’s talks with international ratings agencies on the eve of his first budget as “very difficult”. “Treasury officials had very, very difficult conversations with the ratings agencies,” he told a media briefing about two hours before he tabled the budget. “They were […]