Tag: money
Treasury proposes additional R59bn for Eskom
Finance Minister Tito Mboweni has proposed additional funding support of R59 billion over the next two financial years to help the embattled power utility meet its financial obligations.
The Minister said this...
R17m for rural safety over three years
The provincial agriculture and community safety departments have allocated R5 million to district municipalities to facilitate rural safety plans.
The departments said this was part of a safety plan roll-out which entails...
Robots may displace 20m manufacturing jobs by 2030
Robots are on track to wipe out almost a tenth of the world’s manufacturing jobs with the brunt borne by lower-income areas in developed nations, Oxford Economics says.
While automation should boost...
Telecom industry to take $62bn hit if Chinese banned from 5G
Excluding China’s Huawei Technologies Co. and ZTE Corp. from the next generation of mobile networks would lumber European phone companies with 55 billion euros ($62 billion) in extra costs, the wireless...
UCT puts its money behind innovation
The University of Cape Town (UCT) has shown its commitment to innovation and ensuring its research outputs have an impact with Council approving the allocation of a portion of the institution’s investment...
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Growthpoint shines in financial reporting and communication
Growthpoint Properties won the Best Reporting and Communication Awards – Property Sector at the Analysts Society of South Africa (IAS) Excellence in Financial Reporting and Communications...
