Corporate Affairs
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R16.4bn allocated to cover SAA’s debt and debt costs
Finance Minister Tito Mboweni announced on Wednesday that R16.4-billion would be allocated to South African Airways (SAA) over the medium term to “repay the airline’s guaranteed debt and to cover debt-service costs”. Speaking to lawmakers, Mboweni said the “SAA Sword of Damocles has now fallen on us”, referring to the decision, made in December, to place the struggling national carrier into voluntary business rescue as a result of its inability to meet financial obligations.
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Private electricity generation identified as most urgent structural reform for reigniting growth
With a weak economic outlook characterised by a real gross domestic product that is expected to grow at 0.9% in 2020, 1.3% in 2021 and 1.6% in 2022, South Africa is in dire need of far-reaching structural reforms to achieve faster economic growth. In contrast, global economic growth is expected to strengthen to 3.3% and global inflation remains contained, while South Africa’s inflation will average at 4.5% in 2020. Sub-Saharan Africa is forecast to be the second-fastest growing region in the world.
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Private electricity generation identified as most urgent structural reform for reigniting growth
With a weak economic outlook characterised by a real gross domestic product that is expected to grow at 0.9% in 2020, 1.3% in 2021 and 1.6% in 2022, South Africa is in dire need of far-reaching structural reforms to achieve faster economic growth. In contrast, global economic growth is expected to strengthen to 3.3% and global inflation remains contained, while South Africa’s inflation will average at 4.5% in 2020. Sub-Saharan Africa is forecast to be the second-fastest growing region in the world.
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Private electricity generation identified as most urgent structural reform for reigniting growth
With a weak economic outlook characterised by a real gross domestic product (GDP) that is expected to grow at 0.9% in 2020, 1.3% in 2021 and 1.6% in 2022, South Africa is in dire need of far-reaching structural reforms to achieve faster economic growth. In contrast, global economic growth is expected to strengthen to 3.3% and global inflation remains contained, while South Africa’s inflation will average at 4.5% in 2020.
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Imperial’s gateway to Africa strategy taking shape
Logistics group Imperial aims to strengthen its proposition as “the gateway to Africa” with a potential expansion into air/ocean freight management, says CEO Mohammed Akoojee. “We are strong in land-based freight management, but this will unlock a new level for us.”
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Imperial’s gateway to Africa strategy taking shape
Logistics group Imperial aims to strengthen its proposition as “the gateway to Africa” with a potential expansion into air/ocean freight management, says CEO Mohammed Akoojee. “We are strong in land-based freight management, but this will unlock a new level for us.”
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Imperial’s gateway to Africa strategy taking shape
Logistics group Imperial aims to strengthen its proposition as “the gateway to Africa” with a potential expansion into air/ocean freight management, says CEO Mohammed Akoojee. “We are strong in land-based freight management, but this will unlock a new level for us.”
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Imperial’s gateway to Africa strategy taking shape
Logistics group Imperial aims to strengthen its proposition as “the gateway to Africa” with a potential expansion into air/ocean freight management, says CEO Mohammed Akoojee. “We are strong in land-based freight management, but this will unlock a new level for us.”
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Lasting solution for e-tolls to be announced soon – Makhura
President Cyril Ramaphosa will soon make an announcement on a lasting solution for Gauteng’s e-toll system, Gauteng Premier David Makhura said on Tuesday. He said the executive council had made strong and persuasive arguments to national government on …
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Lasting solution for e-tolls to be announced soon – Makhura
President Cyril Ramaphosa will soon make an announcement on a lasting solution for Gauteng’s e-toll system, Gauteng Premier David Makhura said on Tuesday. He said the executive council had made strong and persuasive arguments to national government on …