South Africans are such huge fans of this savings scheme that, according to a survey by African Response, R44-billion (US$529-million) is currently invested in stokvel savings.
Tag Archives | Business
The South African construction industry is set to go green when new energy efficiency building regulations come into effect in November.
The Mangaung municipality is to spend R40 million (£3.8 million) on a new website for the city. So what exactly does a smaller municipality in South Africa get for flashing this ridiculous amount of taxpayers’ cash on a new website?
South African state company Eskom has secured a US$365-million (about R2.46-billion) loan from the African Development Bank to fund construction of a concentrated solar power plant at Upington in the Northern Cape and a wind farm near Koekenaap in the Western Cape.
If you have been to Johannesburg or any other major city in South Africa for that matter, you would have experienced good business acumen on the streets.
South African telecommunications giant MTN has been named the continent’s most valuable brand by an online resource (Brandirectory) that tracks the performance of the world’s top trademarks. MTN as a brand is valued at R32-billion (US$4.7-billion), which is almost double the value of its closest competitor Vodacom, another big name in the African telecommunications market. […]