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ABB opens new office in Namibia

ABB entrenches its commitment in Southern Africa by opening a new 2 200 m² facility in Windhoek, Namibia, which increases the company’s capacity to supply, maintain and service products to the local market and neighbouring countries such as Zambia and Angola.

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Budget 2017: Only growth can balance the books

Lest we forget how far we’ve come

The improvement in the Main Budget primary budget balance (revenue less non-interest spending) over the past four years to an estimated -0.4% of GDP for fiscal year 2016/17, from a deficit of -2.7% of GDP in 2012/13, is a clear statement of intent. It is also a remarkable achievement in a low-growth environment with an excessive unemployment rate and rising demands on state resources.

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