Latest News & Developments
development
Professor Anil Sooklal receives peace award for contribution to South Africa
Professor Anil Sooklal, South Africa’s High Commissioner to India, is honoured with the Sivananda Peace Award for his decades of silent contributions to the country’s development, as celebrated by the Sivananda World Peace Foundation.
Former MKP leader, officials challenge dismissals over R588m Covid-19 hospital renovations
Dr. Sifiso Maseko and other Gauteng government officials are contesting their dismissals related to a controversial Covid-19 hospital renovation project that saw costs soar from R50 million to R588 million.
Macua report uncovers massive fraud in South African mining sector
An investigation by the Mining Affected United in Action (Macua) has uncovered that over R284 million allocated for Social and Labour Plans in mining areas has gone missing, raising serious concerns about fraud and mismanagement in the sector. This report sheds light on the systemic issues affecting mining communities across South Africa.
Investment surge in KZN Mid-South Coast sees economic revival
Discover how rising investments in hospitality, retail, and healthcare are reshaping the KZN Mid-South Coast's economy, while experts warn of critical infrastructure challenges that could impact growth.
The Decline of the Dollar, the Rise of BRICS, and the Future of African Development Financing
The shifting global financial landscape, marked by the decline of the US dollar and the ascent of BRICS nations, presents Africa with unprecedented opportunities for development financing and economic partnerships, says the writer.
Scholars and officials call for promoting all-weather China-Africa community with a shared future for the new era
At the 2024 Beijing Forum, leaders emphasised the importance of a resilient China-Africa partnership, as they explore innovative governance strategies to uplift communities and foster mutual growth. How can this collaboration shape the future of both regions?
South African steel crisis: Neasa condemns R1. 68bn ArcelorMittal bailout as 'inevitable failure'
Neasa has condemned ArcelorMittal's R1. 68 billion bailout, labelling it a mere delay of the inevitable closure of its Long Steel Business. With 3,400 jobs on the line, experts question whether government intervention is merely prolonging the company's decline at taxpayers' expense.
Tshwane Economic Development Agency offers 12-month internships for graduates
Discover valuable internship opportunities at the Tshwane Economic Development Agency, designed to empower graduates with essential skills and work experience.
Tshwane Economic Development Agency offers 12-month internships for graduates
Discover valuable internship opportunities at the Tshwane Economic Development Agency, designed to empower graduates with essential skills and work experience.
Joburg plans to expropriate private property for Usindiso Building redevelopment after deadly fire
The City of Johannesburg is planning to redevelop the Usindiso Building block, where 76 people died in a fire last year. The municipality may use the new Expropriation Act to acquire privately-owned properties in the area if owners are unwilling to sell, with plans to create affordable rental housing that could house four times the previous population.
Joburg plans to expropriate private property for Usindiso Building redevelopment after deadly fire
The City of Johannesburg is planning to redevelop the Usindiso Building block, where 76 people died in a fire last year. The municipality may use the new Expropriation Act to acquire privately-owned properties in the area if owners are unwilling to sell, with plans to create affordable rental housing that could house four times the previous population.
IDC launches R2bn sustainability bond amid strong investor demand
The Industrial Development Corporation's R2. 046 billion sustainability bond sets a new benchmark for green financing in South Africa, attracting significant investor interest and supporting vital renewable energy projects.
USAID: A Wolf in Sheepskin
Explore how USAID, often seen as a benevolent force, operates as a covert tool of US foreign policy, undermining sovereignty and stability in nations worldwide.
Tshwane's Salvokop development faces opposition from residents
Residents of the Baghdad informal settlement in Tshwane are protesting the Salvokop Precinct Development Project, demanding clarity on relocation plans amid concerns over temporary housing conditions.
Power of Ten: Forbes Leading Women Summit brings African leadership to Tshwane
The 10th annual Forbes Leading Women Summit in Tshwane showcased influential female leaders, including Miss Universe 2019 Zozibini Tunzi, addressing crucial topics from gender equality to economic empowerment.
Employers urged to comply with skills development mandates as April 30 deadline looms
Under South Africa’s Skills Development Levies Act, companies with an annual payroll exceeding R500 000 must contribute 1% of their wage bill to the Skills Development Levy (SDL). In return, they can reclaim mandatory grants by submitting compliant WSPs and ATRs to their Sector Education and Training Authorities.
G20: How the Cape Town Declaration aims to transform Africa's debt landscape
Former African heads of state unite in the Cape Town Declaration, demanding urgent debt relief and sustainable solutions for developing nations at the G20 meeting.
DBSA and IFAD forge partnership to boost rural economic development in Africa
The Development Bank of Southern Africa (DBSA) and the International Fund for Agricultural Development (IFAD) have formed a groundbreaking partnership to revolutionise rural development across Africa. This strategic alliance, formalised at the Finance in Common Summit in Cape Town, focuses on sustainable agriculture, infrastructure development, and poverty alleviation through six key collaborative areas
From waste to wealth: how African entrepreneurs are building a sustainable future
Discover how African entrepreneurs are transforming traditional sustainability practices into innovative business models, from waste management to ethical sourcing. Learn how these pioneers are reshaping the continent's economic landscape while tackling environmental challenges and creating inclusive growth opportunities.
AI is a tool for us to be better managers; AI can never replace the human touch
By automating repetitive tasks, we can free ourselves to focus on what truly matters; managing and leading people.
Biden administration did less to end plundering of Africa
The US uses economic, military, and democratic institutions to drive its global agenda, displaying hostility towards Africa.
Highlights: President Xi Jinping's 2025 New Year address
Chinese President Xi Jinping delivered his 2025 New Year address on Tuesday. Here are some highlights.