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Tag: 2020

MDBs climate finance rose to $66 bn in 2020, joint report shows

CLIMATE finance committed by major multilateral development banks (MDBs) rose to a total of $66 billion last year from $61.6 billion in 2019, according to the 2020 Joint Report on Multilateral...

Year past a good one for cranes

2020 will be remembered as a difficult year, particularly by many in South African engineering manufacturing. But there were companies that came through it strongly. One of these was Condra, which reported...

Rhino poaching declines

South Africa saw a marked decline in rhino poaching during 2020, with the killing of rhino declining by 33%. “While the extraordinary circumstances surrounding the battle to beat the COVID-19 pandemic contributed...

Jupiter and Saturn will align in shortest distance for first time in centuries

This unprecedented year will end with a special astronomical event last witnessed in the Middle Ages. On December 21, the closest great conjunction of Jupiter and Saturn in 800 years will...

Dis-Chem expansion

DIS-CHEM Pharmacies will add seven new stores to its footprint during July and August, adhering to its planned expansion timetable. July saw the group opening doors to its new stores at the...

Feather in its KAP

IT’S been a really tough grind for most industrial companies in SA over the past five years - but Stellenbosch-headquartered KAP Industrial is still pressing ahead with various new capacity expansion...

Home-buying in the unforgiving 2020 – it’s good news if you have your affairs...

They say every cloud has a silver lining and many of us are desperate to discover that glistening edge in 2020 - a year that, thanks to the Covid-19 pandemic, has...

SA could reopen for travel between August 2020 and May 2021

The tourism industry in South Africa has taken a heavy hit during the nationwide lockdown, leaving many worse for wear. A recently released recovery plan by the Department of Tourism could...

New leisure travel regulations

Cabinet has agreed to ease restrictions around leisure travel, paving the way for citizens to travel within their provinces of residence. “After the release of the new regulations, individuals will be permitted...

Repo rate falls to, 3.5% — its lowest since 1998

The South African Reserve Bank (Sarb) has cut the repo rate by another 25 basis points, to 3.5% a year, from 3.75%. The repo rate determines the interest rate at which the central bank lends money...

MUST READ

SEW-Eurodrive ‘closes the loop’ with new service and repair centre

As part of its strategy to ‘close the loop’ in its service offering, SEW-EURODRIVE South Africa, a specialist in drive and control technologies, has...

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