Business In The News South Africa

UK expresses faith in SA economy, backs Ramaphosa’s stimulus package

JOHANNESBURG, October 9  – The United Kingdom’s trade commissioner for Africa, Emma Wade-Smith, said on Tuesday that the UK had full confidence in South Africa’s “stimulus package” and was more likely to continue to invest in South Africa despite the country’s troubled economy going through a technical recession. President Cyril Ramaphosa last month announced wide-ranging […]

Business In The News South Africa

SA jobs summit must address ‘job-destroying’ laws – race relations institute

JOHANNESBURG, October 4 – South Africa’s two-day jobs summit running to Friday should address “job-destroying’ policies such as the government’s plans to amend the Constitution to allow for expropriation of land with compensation, the Institute of Race Relations said on Thursday. President Cyril Ramaphosa has convened the summit as South Africa grapples with stubbornly high […]

Lead South Africa

Ramaphosa invites private sector to be part of R50billion infrastructure fund

RETORIA, September 21 – President Cyril Ramaphosa on Friday said that the private sector had expressed interest and would be invited to enter into meaningful partnerships with government in establishing an Infrastructure Fund seen as a critical driver of economic activity. Announcing an economic stimulus plan involving R50 billion in reprioritised spending and new project level funding, Ramaphosa […]

In The News South Africa

Ramaphosa authorises SIU probes into water and sanitation tenders

JOHANNESBURG, September 6 – President Cyril Ramaphosa has authorised the Special Investigating Unit (SIU) to investigate suspected wrongdoing by public servants and persons or entities in the private sector in the awarding of tenders or contracts by the national Department of Water and Sanitation and the Ekurhuleni and Ethekhwini metropolitan municipalities. In a statement on Thursday, […]

In The News South Africa

National Health Insurance will succeed, ensure universal healthcare for South Africans – Ramaphosa

PRETORIA, August 24 – Government’s ambitious National Health Insurance (NHI) scheme is bound to succeed and deal a blow to South Africa’s “racialized, two-tier health system sustained on the basis of uneven distribution of resources”, President Cyril Ramaphosa said on Friday. Ramaphosa was speaking in Pretoria at a high-level NHI consultative meeting with representatives of […]