Vehicles sales surge in May

Vehicles sales surge in May

Pretoria – Vehicle sales surged in May, rising by 20.7% to 50 229 from 41 625 units in May 2011, the National Association of Automobile Manufacturers of South Africa (Naamsa) said. The 20.7% growth was above the growth rate in industry total sales of 9.4% for...
Govt hails improvement on land reform

Govt hails improvement on land reform

Pretoria – Government says in its Mid Term Review report, released on Friday, in overall at least 6.8 million hectares of land have been transferred to beneficiaries between 1994 and 2011, through its Land Acquisition and Redistribution Programme and the Land...
Four key infrastructure projects launched

Four key infrastructure projects launched

Cape Town – The government is on target with regards to turning South Africa into a “huge construction site” with the launch this week of the fourth Strategic Infrastructure Projects (Sips) since February this year, President Jacob Zuma said on Wednesday. “We...
SA will look to Nigeria for oil

SA will look to Nigeria for oil

Cape Town – With the uncertainty over supply of oil from Iran, South Africa is looking to Nigeria to purchase its oil, the Deputy President Kgalema Motlanthe said, following the signing of a Memorandum of Agreement with the Vice President of Nigeria, Namadi...
New Small Business Agency

New Small Business Agency

Cape Town – The Small Enterprise Finance Agency (Sefa) will have access to millions of rands of funding from the balance sheet of the Industrial Development Corporation (IDC), says the Minister of Economic Development Ebrahim Patel. Unveiling Sefa on Monday,...