Development Bank Of South Africa
latest news & developments
Schools have tanks – but no water
The state rapidly put in place a solution for the emergency provision of water, but it has been hampered by the shortage, and cost, of water tankers
Mboweni’s tricky juggling act
Covid-19 has put a strain on the limping economy and something must be done to keep it going
SAA’s choice: Restructure and cut 2 200 jobs or liquidate and lose 4 700
The business rescue practitioners say 29 of the fleet of 48 planes, various routes and inefficient services also need to go in the state-owned airline is to survive
SAA workers told not to return to work next month
The airline’s employees in Durban have been told to join the unemployment queue on March 1 because the city’s route will be closed at the end of February
SAA cancels flights, moves ahead with restructuring
The struggling national carrier’s business rescue practitioners say the move to restructure the airline is a bid to return to profitability and to attract equity partners
ANC Youth League moots state bank
African National Congress Youth League spokesperson Floyd Shivambu called for the creation of a state bank on Thursday.
Eskom gets R15-billion loan
Eskom said on Thursday it has received a loan of R15-billion from the Development Bank of Southern Africa to fund new power projects.
Actuaries estimates 5,6m have HIV/Aids in SA
It is estimated that 5,6-million South Africans are infected with HIV/Aids in 2008, said the Actuarial Society of South Africa (ASSA) on Tuesday. The HIV prevalence rates from…
DA questions Manto over govt Aids figures
The Democratic Alliance (DA) on Monday accused Health Minister Manto Tshabalala-Msimang of keeping Aids statistics low after an official report was released by the Development…
New dawn for South African pay TV
South African pay-TV consumers will soon have a choice between many new broadcast channels — this after the Independent Communication Authority of South Africa awarded pay-TV…