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On the road to WEF

Brand South Africa will be in Davos for the annual World Economic Forum meeting of world leaders. It will be in Switzerland to tell the story of the country's achievements in the past 20 years of democracy, and to speak about the way forward.

Africa’s first off-grid bank

The sleepy Cape Flats suburb of Lansdowne now boasts an African first – a bank branch entirely off the power grid. The new-look Nedbank branch has taught the bank a great deal about greening and sustainability.

'Remarkable' South Africa still has work to do

‘Remarkable’ South Africa still has work to do

South Africa has done a tremendous job of turning things around in the 20 years since the end of apartheid, US bank Goldman Sachs says in its "Two Decades of Freedom" report on the state of the country. However, unemployment and inequality remain the country's biggest challenges.
Criminal justice revamp 'under way'

Bank, cash-in-transit robberies down

Bank robberies and cash-in-transit heists dropped sharply in South Africa in 2012/13, according to the latest national crime statistics. Vehicle hijackings and burglaries, however, increased compared to the year before - even though they remained well down compared to nine years ago.

Plan to boost local industry

Manufacturing has the potential to cut unemployment and boost economies. It is key to growth in Southern Africa, and is a priority of the Industrial Policy Action Plan, which also has a focus on regional co-operation.
SA businesses honoured

Banks extend hours during World Cup

Absa in multi-currency card first for SA

South African bank Absa has launched a multi-currency travel prepaid cash card through MasterCard, which is available in four currencies and is a first for the country and the continent.

Africa, own your destiny: Zuma

Africa has to get to the stage where it is self-sufficient and can use its own resources to fund its own development needs, while being able to trade with the world on equal terms, South African President Jacob Zuma said at the opening of the World Economic Forum on Africa 2013 in Cape Town.

Deals a-plenty at fifth Brics summit

The second day of the fifth Brics summit saw a number of co-operation agreements signed between the attending heads of state in fields ranging from nuclear medicine and military technology to rail transport and the much-anticipated Brics bank.
Building revenue with beneficiation

Bank 'key to intra-BRICS investment'

Bank ‘key to intra-BRICS investment’

The planned BRICS development bank will be crucial to fuel development, trade and investment among BRICS and other developing countries, Business Unity South Africa president Jabu Mabuza told the BRICS Business Forum in Durban on Tuesday.
BRICS give credit to local currencies

BRICS experts back development bank

Experts from the BRICS group of countries have given their backing to the creation of a BRICS development bank, as well as an alternative to Western rating agencies for educational institutions, says the executive director of Russia's National Committee for BRICS studies, Georgy Toloraya.


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