Cyril Ramaphosa

New Cabinet — The Last Gleam of Hope

President Cyril Ramaphosa on Wednesday announced the new Cabinet, a move that has been much anticipated by the South African property sector seeking growth in the country.

Presidential Advisory Panel finalizing report on Land Reform

The Expert Advisory Panel on Land Reform is currently finalizing its report for consideration by the Inter-Ministerial Committee and the Presidency.

Nissan to spend R3 billion equipping its local plant

Nissan SA will invest R3 billion equipping its local plant to build the Japanese carmaker's new Navara model, the company said on Wednesday.

Statistics on who invests in South Africa

South Africa retains great lustre and appeal as a foreign direct investment (FDI) location — but who are the biggest foreign investors and how can government get some of the action?

Government may consider selling Eskom

The South African government will soon debate whether to split up state power firm Eskom to make it financially viable, Public Enterprises Minister Pravin Gordhan said on Tuesday.

South Africa raises over R98 billion in FDI

As economic growth slows and global trade tensions continue, Foreign Direct Investment (FDI) into South Africa grew by over 400% to R98.6 billion ($7.1 billion) last year.

SA's recession over ahead 2019 polls

GDP growth in South Africa recovered to 2.2 percent in the three months through September compared with a revised 0.4% contraction in the prior quarter, Stats SA announced on Tuesday morning at a briefing in Pretoria.

SA’s economic to brace for slower growth pace

The National Treasury has cut its estimate for South African GDP expansion to 0.7% in 2018 down from 1.3% last year. It sees growth remaining subdued as high unemployment constrains domestic demand.

2018 Mid-Term Budget key highlights

CAPE TOWN - Newly-appointed Finance Minister Tito Mboweni on Wednesday delivered the 2018 mid-term budget statement pledging to fix the South African Revenue Collection Service as a matter of urgency.

Property Market wades through hard times amid uncertainty on land reform

The South African property sector has started to experience tougher conditions especially weaker economic growth and uncertainty on land reform.

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