The value of new investments announced in Cape Town’s central business district has exceeded R3,049-billion for the six months to June 2003, the Cape Town Partnership confirmed on Monday.
The African Union (AU) is looking to the governments of the G-8 group of most developed countries (G-7 plus Russia) to provide funding for its crucial new institutions to be created under the New Partnership for Africa’s Development (Nepad), according to South African Finance Minister Alec Erwin.
The Executive Director of the United Nations Children Fund (Unicef) has called on African leaders to adopt child-centered standards as the primary measure for gauging progress under the New Partnership for Africa’s Development (Nepad).
StanLib Asset Management’s pension funds face losses of approximately R20-million resulting from the reduced valuation of the South African government’s inflation-linked bonds.
The South African government will not act irresponsibly or irrationally by giving taxpayers’ funds to previously disadvantaged individuals or companies that are ill-prepared or ill-equipped to meet the challenges ahead as part of the broader black economic empowerment agenda.
South Africa can weather the global storm posed by growing international economic integration by implementing sound economic policies and working together to use the country’s more open economy to the best advantage.
New Clicks Holdings (NCL), the health, beauty and soon-to-be pharmacy retailer, says it hopes to begin adding modern new dispensaries to its stores across South Africa during its 2004 financial year, which begins in August.
Many small South African wine exporters could be forced to shut down their operations entirely if the exchange rate of the rand does not weaken within the next six months.
From Friday May 9, South African consumers will have to pay for the plastic bags they previously received free of charge from retailers, as government legislature aiming to encourage re-use of bags and recycling by consumers comes into place.
Extensive flooding in South Africa’s Western Cape, sparked by very heavy weekend rains, has caused extensive damage to about R12-million worth of wine at Van Loveren Wines, the family-owned wine producer located outside of Robertson.