Development

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.

 saa, south african airlines, black business 
council, procurement, transformation

Mining Operation Phakisa gets going

The next step in South Africa's big fast results plan, Operation Phakisa, targets the mining sector. Work begins in August. In the run-up to the first collaborations, the final Mining Charter report has found that many rights holders are not meeting the charter targets.


South Africa grants 36 new mining licences

Despite tough conditions, the Department of Mineral Resources had approved more than 36 new mining rights projects in the past year that have the potential to create about 6 000 jobs, Minister Ngoako Ramathlodi told Parliament during the tabling of his department's budget.


Gauteng to create new economic corridors

With plans to grow the economy and create jobs in Gauteng, Premier David Makhura has announced the development of five new economic corridors in the province that will each have distinct industries and comparative advantages.

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