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The Industrial Development Corporation (IDC) has signed three memoranda of understanding (MoUs) with its counterparts from China, Russia and Brazil to facilitate mutual cooperation for improved...
Construction of Eskom’s 100 MW Sere wind project, which is being developed in Koekenaap, in the Western Cape, is scheduled to begin in April with project funding now fully in place and with a...
Development finance institution, the Eastern Cape Development Corporation (ECDC) today announced that it has approved some R25million for disbursement to 27 companies in the first two windows of...
Newly appointed World Bank president Dr Jim Yong Kim, who visited South Africa on Thursday as part of a larger African tour, said the bank stood ready to support Africa’s largest economy in its...
Development finance institution the Land Bank reported a 54.5% jump in its performing loan book during the year ended March 2012, which was further strengthened by a 17.6% drop in nonperforming...
The Development Bank of Southern Africa (DBSA) has appointed Mo Shaik as the CEO of its soon-to-be-established Development Bank International (DBI) subsidiary.
Shaik’s appointment, which was...
South Africa has established an international partnership with four European countries and the European Investment Bank (EIB) to secure long-term funding for the development of the country’s...
The introduction of a “modest” carbon tax in South Africa would have relatively low adjustment costs while raising revenue that could be deployed to cut other growth- and job-inhibiting taxes,...
Date: 18/08/2011
Source: The National Treasury
Title: SA: Gordhan: Address by the Minister of Finance, at the launch of the 2010/11 annual report of the Land Bank
Economic recovery in South Africa was gathering strength, with economic growth expected to pick up to 3.5% in 2011, the World Bank’s country director for South Africa Ruth Kagia said at the...
The Gauteng Freeway Improvement Project (GFIP) toll fee steering committee puts forward new, lower toll tariffs for the 185 km of road improved under the GFIP. These tariffs still have to be...
The Industrial Development Corporation (IDC) would be investing R102-billion over the next five years in sectors prioritised in government’s New Growth Path (NGP), the development finance...
Africa needs $480-billion for infrastructure development over the next ten years, President Jacob Zuma says. "Over the next ten years, Africa will need $480-billion for infrastructure development,...
South Africa's State-owned Industrial Development Corporation (IDC) plans to inject R11,7-billion into ‘green' industries over the next five years as part of a larger R100-billion disbursement...
South Africa's State-owned Industrial Development Corporation (IDC) reported funding approvals of R9,4-billion for the year to March 31, 2010, down from the R10,8-billion approved in the previous...