Doing business with SA
Telecommunications giant MTN has been named the country's most valuable brand for the second year running in Brand Finance's South Africa Top 50 list, followed by petrochemicals company Sasol, telecoms rival Vodacom, Standard Bank and Absa.
Construction company Murray & Roberts has become one of the first beneficiaries of diamond giant De Beers' R20-billion expansion of its Venetia mine in South Africa, winning a R2.6-billion contract to develop the shafts, tunnels and associated infrastructure for the new underground operation.
Improved market access for South African exports of wine, sugar, ethanol and some fruit products are among the benefits set to flow from the trade deal recently concluded between the European Union and seven southern African countries, says Trade and Industry Minister Rob Davies.
Teams of representatives from the government, business, labour, civil society and academia have begun working on plans to unlock the economic potential of South Africa's oceans, in the first activation of a new initiative, dubbed Operation Phakisa, that was launched by President Jacob Zuma on the weekend.
The new Brics development bank, through its Africa branch in South Africa, will mobilise resources for "transformational" infrastructure development projects that will boost the continent's integration, says Finance Minister Nhlanhla Nene.
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