Economy

Natural gas power plant to boost South Africa's energy security

A liquid natural gas plant in Eastern Cape is the next phase of a government project to provide not only employment opportunities for the area, but also more sustainable energy options for South Africa. Natural gas is considered the most environmentally friendly fossil fuel.

Coega Development natural gas, coega development corporation, industrial development, nelson 
mandela bay

Pew Research: Africa is more economically optimistic

A recent global Pew Research Center survey has found that consumers in emerging and developing nations, including South Africa, have the most positive economic outlook, while those in more advanced economies are more discontent with the present and negative about the future.


South Africans must work for good of economy

President Jacob Zuma referred to our "collective responsibility" to get the economy to perform at its full potential. South Africans can support the economy by buying a locally made products – each purchase stimulates demand and builds our industries and creates jobs.


SAA procurement plan is welcomed

South African Airways will allocate at least 50% of its procurement budget of R20-billion over the next three years to black industrialists. The decision has been welcomed by business and government departments.

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