Business

Reserve Bank leaves rates unchanged

The South African Reserve Bank has decided to maintain the current monetary policy stance and keep interest rates unchanged at a 30-year low of 9%

Africa, diaspora to strengthen trade ties

African and the Caribbean governments are set to invest more resources and energy towards developing and promoting stronger linkages between the two regions in the fields of trade and investment, science and technology and tourism.

SA to turn to Nigeria for oil supply

With the uncertainty over supply of oil from Iran, South Africa is looking to Nigeria to purchase its oil, the Deputy President Kgalema Motlanthe said, following a meeting with the Vice President of Nigeria, Namadi Sambo.

Independent Power Producers chosen

The Department of Energy has announced the names of 19 bidders who have been selected as the preferred bidders for the renewable energy Independent Power Producers (IPP) programme, and has appealed to the financial sector to provide financing to selected bidders.