Taking action for a safe South Africa
A coalition of public and private organistions have launched Action for a Safe South Africa, a civil society initiative to address the factors that feed the cycle of crime in the country and to encourage South Africans to become part of the solution.
PPC in R2.7bn empowerment deal
South African cement manufacturer PPC has unveiled a black economic empowerment transaction that will see a 15% stake in the company, valued at R2.7-billion, being transferred to employees, an educational trust, a construction industry trust, two community service trusts and strategic black partners.
Cape Town stadium on track
Cape Town's 2010 soccer world cup stadium is on track for completion by December 2009, with contractors currently busy putting concrete seating on the last of the three tiers of the stadium. Meanwhile, Cape Town mayor Helen Zille has called on the national government to fund the cost overrun.
Credit bureaux clean up their act
The attitude of credit bureaux has dramatically improved following the introduction of the National Credit Act, says National Credit Regulator CEO Gabriel Davel. The law has resulted in the registration of some 3 200 lenders and 480 debt counsellors, as well as the regulation of R1.1-trillion in credit.
Breede to host SA K2 Champs
The 41st edition of the Canon Breede River Marathon, which takes place on 5 and 6 September, will play host to the South African K2 River Championship over a stretch of river that is widely regarded as an ideal test of marathon racing skills and stamina.
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