Daily Archives: May 24, 2018

Africa in Spotlight at Paris Tech Fair

French President Emmanuel Macron says his country will invest $76 million in African startups, saying innovation on the continent is key to meeting challenges ranging from climate change to terrorism. He spoke Thursday at a technology fair in Paris sho…

Repo rate unchanged at 6.5%

The Reserve Bank has decided to keep the repo rate unchanged at 6.5% per annum, Governor Lesetja Kganyago said on Thursday.At these levels, the MPC [Monetary Policy Committee] still assesses the stance of monetary policy to be accommodative and appropr…

Public Enterprises Committee Welcomes Appointment of New Boards of SOEs

Parliament� The Portfolio Committee on Public Enterprises has welcomed the appointment of the new boards of state-owned enterprises (SOEs).Committee Chairperson Ms Lungi Mnganga-Gcbashe said the committee welcomes the news today of the appointment of M…

Land expropriation top of President’s agenda

President Cyril Ramaphosa has reiterated his stance that land reform is pivotal to restoring the dignity of South Africans and the country at large.Land reform is fundamental to the eradication of poverty. It is fundamental to restoring the dignity of …