South Africa is likely to exit its technical recession in the third quarter, the Bureau of Economic Research (BER) said on Tuesday.

Tuesday, 04 September 2018 17:29

Downgrade risk returns as SA enters recession

Poor GDP figures released today revealed that South Africa has entered a technical recession following two consecutive quarters of negative economic growth, heightening the country’s risk of suffering yet another credit downgrade in the second half of the year, says Citadel Chief Economist and Advisory Partner Maarten Ackerman.

Surrounded by mountains and situated at the foot of the Long Tom Pass in Mpumalanga, Lydenburg, now also known as Mashishing, is rapidly becoming a business hub servicing the surrounding communities and mining interests as far afield as Pilgrim’s Rest, Steelpoort, Burgersort, Ohrigstad and Rietfontein.

Limpopo Premier Stanley Mathabatha has set a target to grow the provincial economy by 5% by 2019.

Tuesday, 21 September 2010 02:00

'Mole on our mountain'

Magaliesberg residents are dragging a property developer to court for plonking a lodge in their environmentally sensitive area.

Thursday, 17 December 2009 02:00

SA to be the racetrack of African kings

African countries could soon have their race horses galloping in Plettenberg Bay, that's if Africa Race Estate is allowed to develop a R1.3bn track, pavilion, a five-star hotel and village in the area.

Thursday, 12 May 2005 02:00

How Do We Make the BEE Cake Bigger?

Lately, Black Economic Empowerment or BEE in short has become a hotly debated issue in Africa and Namibia is no exception. Continuous deliberations from local experts have been on how best to redress the past inequalities and assist previously disadvantaged Namibians to also benefit from the BEE cake, which is largely seen to only benefit the elite few in the country.

Thursday, 19 August 2004 02:00

Zimbabwe will seize Conafex estates

Cape Town - Conafex Holdings, the agriculture resource group listed on both the JSE Securities Exchange and the Luxembourg bourse, has received notice from the Zimbabwean authorities that its agricultural estates are going to be seized.

Wednesday, 24 March 2004 02:00

Investors are pounding on Angola's door

Luanda - Investment in Angola's non-oil and diamond sectors more than tripled to $185 million (R1.2 billion) last year and looked set to keep growing, the manager of the country's private investment institute said this week.

Tuesday, 10 February 2004 02:00

Kenya plans to redistribute idle land to poor

Nairobi - Kenya's minister for land on Monday threatened to repossess tracts of idle land and redistribute it to thousands of landless people.

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