Vehicle sales are expected to grow by 1.74% in 2017 with government purchases significantly expected to drive sales. This was according to vehicle and asset finance provider WesBank. CEO Chris de Kock said there are a number of large government...
Mar 6, 2017
Want to know more about what the African Utility Week conference is all about? Well, this year the event has brought together Metering, Generation, Transmission & Distribution, Energy Revolution Africa, Finance and Water.
Finance Minister Pravin Gordhan has congratulated the City of Johannesburg after the Fitch Ratings agency upgraded its national long-term rating. Fitch also upgraded the national senior unsecured ratings on outstanding bonds and affirmed the city’s...
South Africa’s rand strengthened more than 4 percent in early trade on Monday, extending overnight gains after President Jacob Zuma named Pravin Gordhan as the new finance minister. Zuma late on Sunday restored a widely respected Gordhan to...
David van Rooyen has been sworn in as Minister of Finance for South Africa at the Union Buildings in Pretoria. Van Rooyen, was appointed after Nhlanhla Nene was removed from his position as Minister of Finance on Wednesday. As he was sworn in Van...
Two of South Africa’s big-four banks say while they welcome the introduction of alternative building technologies in the residential sector, they are not yet ready to finance container housing. Earlier this week, Citiq Group unveiled a...
The African Development Bank (AfDB) wants SADC countries to put five percent of their monetary reserve towards the establishment of an infrastructure bond that would help speed up infrastructure development in rail, water, ports and energy. The...
The municipality of eThekwini has received a government award for housing delivery, even though only half the homes it had targeted had been built last year. The award by the Department of Human Settlements also came despite an audit earlier this...
The Development Bank of the Philippines (DBP) launched a financing programme that seeks to protect and promote public health and preserve water resources in the country. In fact, it already set aside an initial amount of P600 million for the...
