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South Africa
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April 18, 2019

KZN to benefit from bumper Easter

KwaZulu Natal’s provincial economy is projected to receive an estimated €63m cash injection over the Easter season as an estimated 250 000 domestic and 60 000 international visitors are expected to arrive.

Durban Tourism is projecting an influx of 100 000 visitors alone over the Easter weekend who are all expected to spend on entertainment, holiday accommodation, car rentals and restaurants. The Federated Hospitality Association of South Africa (Fedhasa) is also anticipating a late surge of bookings, with hotels in the province slowly filling up.

Charles Preece, East Coast Operational Manager of Fedhasa says: “Holidaymakers tend to book very late. Our hotels are not at [...]

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April 1, 2019

Transnet launches continent’s first dredging school

 

The Transnet Maritime School of Excellence (MSoE) has launched the continent’s first dredging school to develop and enhance the competences of new and already employed dredging personnel.

The Dredging School aims to train not only pipe operators, but project engineers, harbour masters, port engineers and technical engineers to achieve operational dredging competences in the field of process and project approach.

 

Its mission is to deliver a formal Dredging Education Course of moderate duration, accredited by government.

“The school will first upskill Transnet National PortsAuthority’s (TNPA’s) own dredging personnel. In future, the vision is [...]

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April 1, 2019

5 things you need to know in SA business today .

 

Tito Mboweni has lashed out at Sanral, criticising the agency’s decision to suspend summonses to recover e-toll debt.

“They [the board] must reverse the decision. It has implications for the bond market, it has implications for the fiscus. It has implications for their own credit rating and the credit rating of the country,” Mboweni said.

 

The repo rate remained unchanged yesterday, with the Reserve Bank worried about growth given loadshedding and weak business confidence. But it also expects that inflation will tick higher over the medium term due to the large Eskom tariff hikes and higher petrol prices. Trevor Manuel has threatened [...]
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April 1, 2019

There will be affordable inner-city housing in Cape Town, but only when the plans are finalised

Inner-city affordable housing is on the cards for Cape Town if the provincial Department of Human Settlements has its way. On Tuesday, MEC Bonginkosi Madikizela revealed plans to build housing in the Cape Town inner city — but could not provide specific timelines for when construction would begin in areas his department has identified. However, the civil society group Ndifuna Ukwazi is cautious of promises made close to an election.

There are plans for affordable housing in Cape Town’s inner-city areas — the CBD, Bo-Kaap and the wealthier suburbs of Oranjezicht and Tamboerskloof — which will provide 10,000 housing opportunities, but Human Settlements MEC Bonginkosi Madikizela says [...]

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