SOUTH AFRICA NEEDS IMPORTANTLY MORE ENERGY SUPPLY TO SUPPORT FUTURE GROWTH AMBITIONS

 South Africa will only hit 2024’s current energy demand requirement by 2040, according to a report from Standard Bank and Cresco Group. The market assessment of South Africa indicates solar photovoltaic and wind-installed capacity (utility and rooftop) will increase from 10GW in 2024, to 37GW by 2030 and 77GW by 2040. Meanwhile, power decarbonisation is forecast to…

Read More

STANDARD BANK HELPS REUNITE CLIENTS WITH UNCLAIMED PENSIONS, DIVIDENDS, AND INSURANCE BENEFITS

Standard Bank has made it easier for clients to access previously unclaimed dividends, pension, and insurance benefits. In collaboration with the unclaimed benefits tracing company, Robin Hood, Standard Bank has made the process of claiming these benefits seamless through its Banking App.  “Some clients are owed a few thousand rands, while others have large amounts…

Read More

FNB ISLAMIC BALANCED FUND OFFERS THE IDEAL SOLUTION TO DELIVER GROWTH AS RETURNS ON TERM DEPOSITS ARE EXPECTED TO DECLINE

As profit rates on term deposits are set to decline in the coming months, many investors in South Africa find themselves facing a conundrum. While Islamic Banking deposits, have offered favourable returns as market rates remained high, the anticipated decrease in rates may lead to lower growth in these accounts. With limited Shari’ah compliant investment…

Read More

SMMES GET DEDICATED RENTAL FACILITIES TO THEIR DRIVE GROWTH AT JOBURG MARKET

Nonhlanhla Mbonambi The Joburg Market’s Property and Facility Department is strengthening support for SMMEs by offering them rental spaces at its premises. This initiative allows entrepreneurs to expand their reach, sell products directly to consumers, and grow their businesses. In turn, the Joburg Market benefits by serving as a central hub for fresh produce, supporting…

Read More

CALL FOR BETTER COORDINATION OF OVESIGHT VISITS

The Gauteng Department Health (GDoH) has reiterated its commitment to cooperate with duly constituted oversight bodies as part of efforts to strengthen governance and improve healthcare service delivery. The Department derives its mandate from the South African Constitution, the National Health Act, Act 61 of 2003 and other legislation promulgated by Parliament.  The same Constitution…

Read More

LANSERIA SMART CITY BREAKS GROUND WITH R320M WATER TREATMENT PLANT

Lerato Mailoane Lenseria Smart City, the first post-apartheid smart city, has taken a significant step forward by launching a water treatment plant.  This 18-month development will produce two megalitres per day (2MLD) using advanced membrane-aerated biofilm reactor technology. Speaking at the sod-turning ceremony, Gauteng Premier Panyaza Lesufi hailed the project as essential to fulfilling President…

Read More

GAUTENG’S GUIDELINE TO IMPROVING MUNICIPAL PERFOMANCE

Lerato Mailoane The Gauteng Provincial Government will introduce a series of key performance indicators to track and improve municipal performance across the province.  This framework aims to provide measurable targets to guide the turnaround of municipalities facing significant challenges. Addressing the end of the two-day Local Government Summit, MEC for Infrastructure Development and Cooperative Governance…

Read More