African Economies Stronger Against External Shocks
Fitch Ratings says Sub-Saharan Africa's (SSA) investment momentum and positive economic growth trends have improved the regions resilience to external shocks.
Gautrain Wins International Award
The Gautrain Project recently earned international respect in the Public Private Partnerships industry after winning the “Best Global Project to Sign” Award at the 2008 Public Private Finance Awards.
Load Shedding Suspended
Eskom announced last week that load shedding would be suspended for an indefinite period.
Eskom Chief Executive Jacob Maroga said in a statement: "There is evidence of increased energy savings from municipalities and we are optimistic that further reductions to reach our 10% savings target are possible.
Car Exports Motor To Record Highs
The latest statistics released by the National Association of Automobile Manufacturers in South Africa (Naamsa) revealed a record 45.5% improvement on vehicle exports for the first four months of 2008 when compared to the same period in 2007. Executive Manager of Naamsa Norman Lamprecht says that much of the growth seen over the first few months of 2008 can be attributed to export programmes implemented by local manufacturers such as Toyota and Mercedez Benz.
Objecting To Cell Tower
More residents have added their voices to that of Elize Abdinor who is objecting to the proposed erection of a cell phone tower in Plantation Road.
