Most Recent News

South African government launches $140 million fund for startups

South African government has launched a $140 million fund to help small business start-ups that are geared towards creating employment opportunities and contribute towards the growth and development of the.

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South African eCommerce hits its stride

Despite the lackluster macroeconomic indicators, South African tenacity showed itself once again as retailers – especially smaller stores – cashed in on the online space over the Black Friday and.

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Huawei invests in transforming the City of Ekurhuleni into a South African smart city pioneer

The City of Ekurhuleni (COE) is an important industrial center in Gauteng, which is South Africa’s most economically developed province. With an area of 1,975 km2 and a population of.

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South African Finance Minister Resigns

South Africa’s finance minister resigned after admitting links to a family at the heart of a corruption scandal, dealing a blow to President Cyril Ramaphosa’s plans to stamp out graft.

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China Mobile International Limited opens South African office

China Mobile International Limited (CMI) has opened a South African office in Johannesburg. Mr. Chen Zhaoxiong, Vice Minister of Industry and Information Technology of the People’s Republic of China; Mr..

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South African recession is “transitional issue” – President Cyril Ramaphosa

South Africa’s slide into recession is a “transitional issue” from which the economy will soon recover, President Cyril Ramaphosa said in comments published on Thursday, repeating promises for a stimulus.

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South African government to spend R59 billion on bailouts for struggling SOE’s

The South African government is committed to spending R59 billion on financial bailouts for embattled state-owned enterprises (SOE). It’s no secret that South Africa’s SOE’s are in a spot of.

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Chinese Consortium to Invest $2.8 Billion in South Africa Industrial Zone

The South African Government has recently announced that a group of Chinese investors will pump more than 40 billion rand ($2.81 billion) into the South African economy to build an.

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