Government

South Africa spends billions on mining towns

Mining houses, the government and other stakeholders are investing in improving socio- economic conditions in distressed mining towns and rural labour-sending areas. Among the R18- mbillion worth of interventions, are housing, health care and job creation initiatives.

Govt, mining companies to partner on improved housing

South African Airways makes progress

Passenger volumes are up at the national carrier, while output is down, according to the acting chief executive. Yet there is still much to be done. The airline is implementing network changes and growing into Africa, among other steps to strengthen the group.


South Africa sells Vodacom stake to fund Eskom

Cash from the sale of the state's 13.91% stake in Vodacom – to the Public Investment Corporation, which acts for the Government Employees Pension Fund – will finance the multibillion-rand allocation to Eskom. The deal is believed to be worth nearly R29-billion.


South Africa pours cash into infrastructure

South Africa has spent a trillion rand on building its infrastructure as a key to expanding its economic opportunities. The investments have been made in energy, water, sanitation, rail, public transport, the nation's ports and in upgrading its hospitals.

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