Zuma tells Zondo Ramathlodi is a spy

Submitted by admin on Mon, 07/15/2019 - 13:16
The former president also alleges Johann Rupert interfered with the rand after Gordhan was sacked as a minister. Former president Jacob Zuma has accused former mineral resources minister Ngoako Ramathlodi of being a spy. Zuma said Ramathlodi was recruited while he was a student in Lesotho, adding that the allegations the former minister made against him when testifying at the commission was part of a ploy to have the former president “removed”. The former president told the commission that the narrative that he is corrupt is part of a plan to “character assassinate” him because in the early

Lack of skilled artisans hurting economic growth – survey

Submitted by admin on Tue, 04/30/2019 - 20:47

Few young people take up training in the 13 key critical areas of the artisan economy, as most prefer going to university after high school.

While South Africa’s unemployment rate of 27.1% in the fourth quarter of 2018 reflected a figure of 6.14 million jobless people – with youth unemployment above 50% – lack of skilled artisans has been singled out by experts as a major barrier to job creation and economic growth.

Eskom’s black hole of debt keeps on getting bigger

Submitted by admin on Wed, 04/03/2019 - 19:47

On top of the growing debt, coal quality and delivery remains a problem.

Moody’s credit opinion issued yesterday on the heels of its recent decision to keep South Africa’s credit rating one level above junk, said elevated government debt and contingent liabilities risks from state-owned enterprises (SOEs), limited government’s ability to absorb shocks.

Government to launch online trading platform to assist SMMEs

Submitted by admin on Thu, 03/28/2019 - 10:07

The platform will be launched alongside the SA SME CEO Fund Circle which aims to finance and scale up black emerging businesses.

An online trading platform aimed at linking registered small, medium, and micro enterprises’ (SMMEs) to supply chain opportunities from large South African corporations that have integrated global footprints will go live today, 28 March 2019, following its official launch by President Cyril Ramaphosa.

Ban ‘killer chicken’ imports from Brazil – SA Poultry Association

Submitted by admin on Wed, 03/06/2019 - 13:51

Imports from Brazil are not only killing the local industry, but could kill consumers because of salmonella risks, the body’s boss says.

The department of agriculture, forestry and fisheries has been asked to ban chicken and poultry products imported from Brazil after several health risks rocked the international market.

Ramaphosa strengthens SA’s eSwatini ties

Submitted by admin on Mon, 03/04/2019 - 21:01

The countries have signed 21 bilateral agreements between them.

As President Cyril Ramaphosa jetted into eSwatini, formerly Swaziland, over the weekend to hold discussions with King Mswati III, Transnet Freight Rail (TFR) yesterday said “much progress” was being made towards the construction of the R30 billion, 150km railway line – the Swazi Rail Link (SRL) project.

Presidency spokesperson Khusela Diko said the two countries had structured bilateral relations conducted through the Joint Bilateral Commission for Cooperation (JBCC), established in 2004.