7 things you need to know today
CAPE TOWN – Good morning. This is all the latest business news that you need to know today.
Cash-strapped power utility Eskom yesterday received a $180million (R2.56billion) cash injection from the New Development Bank (NDB) to fund the integration of renewable energy into the grid, and to augment transmission projects.
Data from the National Association of Automobile Manufacturers of South Africa (Naamsa) showed that pressure was mounting on the new-vehicles sector due to consumers’ depressed disposable income and the weaker rand. Naamsa said new vehicle sales dropped 3.1percent year-on-year to 47718 units in March.
Umhlanga Ridge Town Centre is one of Kwazulu-Natal’s prized live-work-play regions and is driving the definition of dynamic urbanism.
AYO Technology Solutions, one of the largest broad-based black economic empowerment (B-BBEE) information and communications technology company in South Africa announced on Monday that it now employs 1 400 people, compared with 250 in 2018.
The UK-SA Tech Hub in partnership with Future Females are proud to announce the official launch of the Future Females Business School Program at Work in Progress at the Woodstock Exchange in Cape Town.
Nobel laureate Paul Romer on Monday described South Africa as an "economic disappointment", citing the high levels of unemployment among the country's youth, calling it a "human catastrophe".
Small and innovative renewable energy projects battle to raise funds through formal channels.
BUSINESS REPORT ONLINE