• Retirement Fund Builds New Vaal Township

    Retirement Fund Builds New Vaal Township

    The Transport Sector Retirement Fund (TSRF) on Monday announced that it is building a new township in the Vaal, Gauteng. The TSRF said the new township will bring development, economic upliftment, a better life for all, and growth in the fund’s assets. Construction of the new R2.7 billion township, known as Lethabong, will restore dignity

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  • Ramaphosa Heads To German G20 Summit

    Ramaphosa Heads To German G20 Summit

    President Cyril Ramaphosa is travelling to Germany to attend Thursday’s G20 Compact with Africa (CwA) meeting in Berlin. Ramaphosa has been invited by Federal Chancellor Angela Merkel, said the Presidency. The G20 Compact with Africa (CwA) was initiated under the G20 German presidency in 2017 to promote private investment into the African continent. Twelve African

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  • Missing Cat Emerges, Mabuza Opens Summit

    Missing Cat Emerges, Mabuza Opens Summit

    Deputy President David Mabuza appeared in public on Wednesday after mounting speculation over his whereabouts and state of his health. Towards the end of June, the Presidency said Mabuza would be visiting Russia for a scheduled medical consultation. Mabuza’s opening address at the 4th Human Resource Development Council Summit in Midrand ended speculation that he

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  • Eskom’s ‘Gentle Rain’ Power Station Finally Ready

    Eskom’s ‘Gentle Rain’ Power Station Finally Ready

    Eskom has announced the completion of the Medupi Power Station – 14 years after the massive 4 764MW project started. The initial plan was for Medupi to be completed by 2015 at an initial cost of about R80 billion. Since then time and costs have ballooned at Medupi, which means “gentle rain” in Sepedi. It

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  • SA Corporates Have Key Role To Skill Graduates

    SA Corporates Have Key Role To Skill Graduates

    South Africa’s official youth unemployment rate increased to 63.3 percent in the first quarter of 2021 as the economic fall-out from the Covid-19 pandemic continued to wreak havoc. The latest figures presented by Stats SA paint an alarming picture for the country’s young and economically active population, up to the age of 35. Astron Energy

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  • Bank Moves To Help Guinea Tackle Resurgent Ebola

    Bank Moves To Help Guinea Tackle Resurgent Ebola

    The African Development Bank has approved a $430,000 grant to Guinea to fight the spread of Ebola in that country. Since mid-February 2021, Guinea has been facing a resurgent Ebola-related epidemic, following the major crisis of 2014. This new epidemic comes against the backdrop of the Covid-19 pandemic, which poses both health and socio-economic challenges

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