Ahead of the Mining Indaba, Mineral Resources Minister Mosebenzi Zwane emphasised that despite labour, revenue and social challenges in the industry, the future of mining in South Africa was still bright. Progress had been made to save jobs and address transformation, he said.
South Africa has ranked moderately in a report showcasing how domestic policy can foster global innovation. South Africa came in at 30 out of 56 countries. Kenya was the only other African country to be featured in the rankings.
A South African start-up, referred to as the Uber of professional cleaning services, has secured
R10-million in venture capital funding from the entrepreneurship incubator, the Vumela Fund, and
First National Bank. It's not the first time SweepSouth has caught the eye of investors.
The Johannesburg Stock Exchange is expanding. Long based in the financial hub of Johannesburg, it is opening an office in South Africa's second main economic hub of Cape Town. The new premises will allow the exchange to provide more accessible support in the Mother City.
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