The site of the R9-million sports complex in Soweto funded by the National Lotteries Commission is used for dumping rubbish. Photo: Masego Mafata The Motheo Sports and Entertainment Foundation was awarded R9-million by the National Lotteries Commission (NLC) in 2021 to build a sports complex in Soweto. Of this, R6-million has already been paid. But nothing has been built on … [Read more...] about Lottery-funded Soweto “sports complex” is just a dumpsite
South Africa
Bonus Calculations in the South African Mining Industry
The South African mining industry has come a long way since Jan Gerrit Bantjes discovered gold on the farm Vogelstruisfontein in the Witwatersrand in 1884. In the same year, the Struben brothers stumbled on the Confidence Reef on the farm Wilgespruit, near present-day Roodepoort and the rest, as they say, is history.The country’s stock exchange in Johannesburg was established … [Read more...] about Bonus Calculations in the South African Mining Industry
SA reaches R1.2 trillion investment target
While the target of reaching R1.2 trillion worth of investments has been successfully reached at the fifth South African Investment Conference (SAIC), currently underway, President Cyril Ramaphosa this morning set a new target for the country for the next five years.“We are now setting a new target to mobilise approximately R2 trillion in new investments over another five-year … [Read more...] about SA reaches R1.2 trillion investment target
KZN to embark on anti-crime campaign
The KwaZulu-Natal Provincial Government will embark on a community mobilisation campaign against crime.This follows a spate of violent crimes, including gruesome incidents of multiple murders and Gender-Based Violence (GBV). The Provincial Executive Council announced that anti–crime fighting operations will be intensified, as announced by Premier Nomusa Dube-Ncube in the State … [Read more...] about KZN to embark on anti-crime campaign
Patel reflects on fifth South African Investment Conference
Five years since the first South African Investment Conference (SAIC) was held, Trade, Industry and Competition Minister, Ebrahim Patel has reflected on the progress made since the conference was first held.This conference marks the final leg of the current investment drive to attract R1.2 trillion over five years. Patel delivered welcoming remarks on Thursday at the … [Read more...] about Patel reflects on fifth South African Investment Conference
