The Eastern Cape Development Corporation (ECDC), through its Jobs Stimulus Fund, has disbursed R5.2-million in rewards to three Coega investor’s job creation efforts and contribution to the economy to date. Overall it has committed over R10-million’s worth in incentive grants to six Coega Industrial Development Zone (IDZ) investors. The Jobs Stimulus Fund incentivises Eastern … [Read more...] about R10.9 Million job creation incentives awarded to Coega investors
June CPI rises to 5.5%
The Consumer Price Index (CPI) rose to 5.5% in June, Statistics South Africa (Stats SA) announced on Wednesday. “This rate was 0.1 of a percentage point lower than the corresponding annual rate of 5.6% in May 2013,” said Stats SA. Market expectation was for CPI – used to measure inflation – to come in at 5.7%. Nedbank said: “The downside surprise relative to our forecast … [Read more...] about June CPI rises to 5.5%
PE’s Danny Jordaan appointed as Hayatou’s advisor
Former 2010 Local Organising Committee chief executive, Dr Danny Jordaan, has been appointed as an advisor to the Confederation of African Football (CAF) President, Issa Hayatou. CAF General Secretary Hicham El Amrani delivered the news to the current South African Football Association (Safa) vice-president on Wednesday. In a letter, CAF said Jordaan was appointed considering … [Read more...] about PE’s Danny Jordaan appointed as Hayatou’s advisor
DA Calls for Release of Pikoli Report
The Democratic Alliance in Nelson Mandela Bay has submitted an application through the Promotion of Access to Information Act for the release of the Pikoli Forensic Investigative Report into the IPTS Funding. Nelson Mandela Bay’s Integrated Public Transport System (IPTS) has been a monumental failure and the public deserves to know how their money was spent. The DA believes it … [Read more...] about DA Calls for Release of Pikoli Report
You shouldn’t have to explain
I got a few people hot under the collar last week when I challenged the thinking behind the DA’s public welcoming of King Dalindyebo to the ranks of the party members. See: Dear Athol, Stanford and Buyelekhaya. This past weekend my sentiments were echoed by Redi Tlhabi in a piece titled: “DA scores own goal by taking on scandalous king” and then by Zapiro with his incisive … [Read more...] about You shouldn’t have to explain
