Category «Business»

African Bank placed under curatorship

Pretoria – African Bank has been placed under curatorship but it will continue to operate and be open for business, says the Reserve Bank. “The first important measure has been the conclusion reached by the Registrar of Banks and the decision by the Minister of Finance to place African Bank under curatorship with effect from …

Business to showcase SA in Thailand

Bankok – A South African business delegation has arrived in Thailand for the Outward Selling and Investment Mission (OSIM), where they will profile the country as an investment destination of choice. The delegation, which is supported by Department of Trade and Industry (the dti), will participate in various business-to-business meetings, site visits and trade and …

Business confidence takes a dive

Polished diamond prices down

Business confidence was subdued in June due to adverse economic development, according to the South African Chamber of Commerce and Industry (Sacci). Releasing the Business Confidence Index (BCI) on Tuesday, Sacci said the index remained subdued in June with it lingering below 90 index points. “The index moved marginally to 89.7 in June from 88.9 …

Government ready to assist small businesses

Government ready to assist small businesses

Government ready to assist small businesses: Midrand – Small Business Minister Lindiwe Zulu says government is ready to partner with small businesses to assist South Africans to benefit from the opportunities available. Speaking at the Black Business Council (BBC) gala dinner in Midrand, on Thursday evening, Minister Zulu said government is available to do its best …

MINISTER OF FINANCE REPLY TO QUESTION BY MR N SINGH MP

MINISTER OF FINANCE REPLY TO QUESTION BY MR N SINGH Mp 4. Mr N Singh (IFP) to ask the Minister of Finance: Whether, with regard to the current international economic climate and recent 0,6% contraction in the quarterly gross domestic product, the country is heading for another recession; if not, what steps does he intend …