South African President Cyril Ramaphosa delivers his State of the Nation Address at parliament in Cape Town

South Africa to Finalise Growth Strategy “Within Next Few Weeks” Says Ramaphosa

By Reuters 30-09-19 13:04

JOHANNESBURG – The South African government will finalise a clear economic growth strategy within the next few weeks, President Cyril Ramaphosa said on Monday, as the country aims to boost confidence in an economy facing lower growth and job cuts. Investor confidence in Africa’s most industrialised economy is fragile, with the economic growth outlook clouded […]

Carte Blanche: “We Won’t Back Down!” Plus South African Rodeo

By SAPeople Contributor 28-09-19 12:48

In Sunday’s special 90-minute extended broadcast Carte Blanche revisits several stories of corruption and dodgy deals from the last year to find out if revealing their truth has brought any change, and if not, why not? Interspersed between fresh investigations and gritty confrontations, South Africa’s popular current affairs show includes several follow-up inserts this week. […]

cyril ramaphosa president south africa leader

Local and Foreign Economists on New Council to Ignite South African Economy

By Ted Botha 28-09-19 08:44

An economic advisory council of 18 specialists from numerous fields and from around the world has been appointed by President Cyril Ramaphosa to help facilitate the development and implementation of economic policies that are intended to spur growth. They will start work on 1 October. The Presidential Economic Advisory Council, which Ramaphosa referred to in […]

Good and Bad Ideas for Reducing Violence in South Africa

By SAPeople Contributor 27-09-19 11:44

We were making progress until 2011. So what happened? Uyinene Mrwetyana’s murder set off a wave of protests across the country. The release of the latest crime statistics confirmed perceptions: South Africa is becoming more violent; the number of murders has increased every year since 2012. When it comes to crime stats, murder is a […]

blue diamond found botswana

Rare Blue Diamonds Discovered in South Africa and Botswana Mines

By Reuters 26-09-19 18:57

A rare blue diamond has been discovered in a mine in Botswana, just days after one was found in South Africa, it was announced Thursday. Canadian miner Lucara Diamond Corp said it recovered a 9.74 carat blue gem diamond from its Karowe mine in Botswana (which is a fifth the size of the famous Hope […]

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Peugeot Relaunches Brand in South Africa with Two New Cars

By Ted Botha 25-09-19 09:03

In what amounted to a relaunch of the Peugeot brand in South Africa, the company introduced the market to two new models, a hatchback and an SUV, with the promise of more launches. At an event last week, reported almost exclusively in the car media, managing director of Peugeot Citroen South Africa, Xavier Gobille, was […]

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South Africa Raises $5 Billion on World Bond Market After High Demand

By Ted Botha 25-09-19 08:26

The South African Treasury has raised $5 billion from the sale of two new bonds in international markets, with strong demand beforehand allowing it to pre-fund $1 billion more than originally planned, it said on Tuesday. “The South African government sees the success of the transaction, believed to be the largest ever out of Sub-Saharan […]

Cele Pushes for Better International Cooperation to Fight Drugs

By SAPeople Contributor 21-09-19 10:08

Police Minister Bheki Cele has called for heightened cooperation from international law enforcement agencies when it comes to sharing resources and information in the war against drugs. The Minister made the impassioned plea during his address at the Interpol 2nd Global Drugs and Illicit Substances Conference in Cape Town on Tuesday. Over 400 delegates from […]

Zambia May Import 300 MW of Power from South Africa’s Eskom

By Reuters 17-09-19 18:00

LUSAKA – Zambia is in talks with South African power utility Eskom to import 300 megawatts (MW) of electricity, the country’s Energy Minister Mathew Nkhuwa said on Tuesday. While South Africa itself has been struggling to generate enough power, with threats of further load shedding (power cuts) – Zambia is desperate with a power deficit […]

TRAVEL: Explore South Africa’s Hidden Local Gems + Chance to WIN!

By SAPeople Contributor 14-09-19 11:40

Travel trends across the world are seeing travellers shying away from the overcrowded sights, rather looking for unique experiences in their destinations. But avoiding the crush of tourists doesn’t mean you should skip visiting some of South Africa’s most well-loved cities. And to celebrate Heritage Day this month – you could even stand a chance […]

Deck hands working on yachts in Portofino, Italy

Top Tips for South African Seafarers Working on Super Yachts

By SAPeople Contributor 13-09-19 17:22

If you’ve ever dreamt of becoming a seafarer and travelling the world aboard a super yacht, or if you already have that dream position, here are some top tips from South African experts on how to get and keep your job, your sanity… and your newfound wealth! Lauren Norton, Director of Trilogy Luxury Training, spent […]

South Africa Likely to Miss 1.5% Growth Target, says Finance Minister

By Reuters 13-09-19 14:23

JOHANNESBURG – South Africa’s economic growth is unlikely to reach the treasury’s target of 1.5% in 2019 because conditions have changed and the country is facing increasing headwinds, Finance Minister Tito Mboweni said on Friday. This week ratings agency Moody’s, the last of the top three credit firms to rate South Africa’s debt at investment […]

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South Africa’s August Business Confidence Lowest in 34 Years

By Reuters 11-09-19 14:16

JOHANNESBURG – South African business confidence fell to its lowest level in 34 years in August, as a sharp drop in export volumes and a weaker currency aggravated already tough economic conditions, a survey showed on Wednesday. The South African Chamber of Commerce and Industry’s monthly business confidence index (BCI) fell to 89.1 in August […]

Cradock Community Cleans Up, Making Town A Better Place For Everyone

By Jenni Baxter 10-09-19 17:47

With several violent and tragic incidents occurring around South Africa recently, it’s a welcome relief to see there’s one corner of the country where the people are uniting to make things better… voluntarily. Where the locals are creating more than just a better, prettier town. They’re building pride and hope. Karoospace.co.za writer and local Karoo […]

Carmen Le Grange is New Finance Chief at Denel, South Africa’s State Defence Firm

By Reuters 09-09-19 14:22

JOHANNESBURG – South Africa’s Denel named a new chief financial officer (CFO) on Monday – Carmen Le Grange – as the struggling state-owned defence firm seeks to improve corporate governance and return to profitability. A cornerstone of the country’s once-mighty defence industry, Denel recorded a 1.76 billion rand ($119 million) loss – its first in […]

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