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August 2018
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Posts Tagged ‘SA’
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August 1, 2018

R1.6M TO KICKSTART QUARTZ MINING IN SA

The Lancaster Foundation, a nonprofit company created by Lancaster Group, said on Friday it would provide a R1.6 million grant to Difeme, the investment company established by trade union Fedusa, to help kickstart a quartz mining and beneficiation hub in the Northern Cape.

 

It said Difeme had partnered with state-owned mineral and mining research centre Mintek to develop the appropriate technologies to process the quartz to the valuable purity standard of greater than 99.99% purity.

“By supporting Difeme’s bankable feasibility study, the Lancaster Foundation is contributing to a venture that could bring significant economic development benefits to South [...]

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August 1, 2018

INVEST IN SA DEPUTY MINISTER URGES

South Africa’s Deputy Trade and Industry Minister (DTI) Bulelani Magwanishe has invited Indian pharmaceutical companies to invest in the South Africa in order to contribute to the growth of the country’s economy, the ministry said on Monday.

“We have launched a major investment recruitment drive of $100 billion (over a trillion Rand) in the next five years. Our visit to India prioritises investment in the pharmaceuticals, medical devices and consumables. These are the main sectors that we have identified for growth,” Magwanishe said addressing potential investors at a pharmaceutical sector engagement session.

“These provide unlimited opportunities for the Indian [...]

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July 4, 2018

SPECIAL WEF FORUM FOCUSES ON FIXING SA

The World Economic Forum (WEF), the international organisation that brings together the globe’s most influential business and political leaders at Davos each year, held an extraordinary forum in Johannesburg last week to discuss reconstruction in the post-Zuma era.

Chaired by Klaus Schwab, “the father of multi-lateral stakeholder engagement”, it brought together 60 global and South African business leaders, 23 cabinet ministers, top government officials and academics to discuss action in 10 areas of the economy ranging from innovation to regional integration and growth and job creation.

The election of Cyril Ramaphosa in February has clear parallels for [...]

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May 17, 2018

EFF leader Malema to be sworn in at Pan African Parliament

The leader of the Economic Freedom Fighters (EFF) Julius Malema will be among five SA Members of Parliament to be sworn in at the opening ceremony of the sixth ordinary session of the Pan African Parliament (PAP) in Midrand, Johannesburg on Monday.

The others include National Council of Provinces (NCOP) chairperson Thandi Modise, Thoko Didiza the National Assembly house chairperson for internal arrangements, Mandlesizwe Zwelivelile Mandela, and Santosh Vinita Kalyan.

They are replacing Hunadi Mateme, Thandi Memela, Charles Nqakula, and Floyd Shivambu, while Kalyan will serve another two-year term, parliament said in a statement.

The five MPs were nominated for [...]

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