Business

NDP to address obstacles to growth: Ramaphosa

The recently released framework for implementing the National Development Plan will help tackle domestic obstacles to growth in South Africa, drive growth in productive sectors of the economy, and cut down on red tape hampering investment, says Deputy President Cyril Ramaphosa.

NDP to tackle domestic obstacles to growth: Ramaphosa

SA to regulate, monitor shale gas exploration

The government is working on a set of regulations that will ensure that shale gas exploration does not threaten South Africa's environment or compromise research projects linked to the Square Kilometre Array, says Mineral Resources director-general Thibedi Ramontja.


SA economy grows at 0.6% in second quarter

South Africa's economy grew at 0.6% in the second quarter, following a -0.6% contraction in gross domestic product (GDP) growth in the first quarter, thus avoiding entering a technical recession.


Coega to develop R2bn aqua-farming facility

The Coega Development Corporation has announced plans to develop a R2-billion aqua-farming facility on 300 hectares of land at the Coega industrial development zone outside Port Elizabeth in the Eastern Cape.

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Market report

SAB Miller offer lifts JSE

The JSE traded 0.25% stronger to start the week on Monday following news that the second largest brewer and JSE-listed company SAB Miller (SAB) made an offer to Heineken after the world's largest brewer, Anheuser-Busch InBev, made a takeover offer of the company. Heineken refused the offer, making SAB Miller more vulnerable to an unwanted takeover offer.

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