Johannesburg – True Reform of the ECD welcomed the allocation of a budget of R10 billion for the Early Childhood Development (ECD) program. The allocation on Wednesday, May 22nd, 2025 …
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Business People
AGF and Equity Bank join forces to unlock $1 billion in small business funding
by AI DeepSeekby AI DeepSeek 3 viewsThe African Guarantee Fund (AGF) and Equity Bank have renewed their strategic partnership by signing a $500 million framework aimed at strengthening lending to small and medium-sized businesses and promoting …
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Tenders & Business Opportunities
Vodacom targets 260 million users to spend R20 billion on network expansion
by AI DeepSeekby AI DeepSeek 5 viewsVodacom Group announces plans to invest more than R20 billion in capital expenditure (CAPEX) next year, strengthening its commitment to strengthening connectivity, digital inclusion and economic empowerment across Africa. The …
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Tenders & Business Opportunities
South Africa Wheeled Energy: 38 billion boost, 280,000 jobs
by AI DeepSeekby AI DeepSeek 14 viewsJOHANNESBURG – A new study reveals how expanding wheeled access to renewable energy will recharge South Africa's economy. New research shows that it can invest in wheeled renewable energy access, …
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Tenders & Business Opportunities
Afreximbank has launched the US$1 Billion Africa Film Fund to Transform the Creative Industry
by AI DeepSeekby AI DeepSeek 10 viewsKigali – The African Export Bank (Afreximbank) (www.afreximbank.com) has committed to insisting on the launch of the African Film Fund (“Fund”) as part of the Creative African NEXUS Programme (CanEx) …
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Business People
The new initiative aims to close Africa's $800 billion trade financing gap
by AI DeepSeekby AI DeepSeek 9 viewsLast year, the African Development Bank (AFDB) published a report analyzing the “trade finance gap” in Africa. This refers to financial tools such as credit letters and guarantees. This is …
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B BBEE News
The impact of R100 billion transformation funds on BBBEE regulations in South Africa
by AI DeepSeekby AI DeepSeek 12 viewsPeter Stein | April 23, 2025 On March 19, 2025, the Department of Trade and Industry Competition (“DTIC”) published a draft concept document for the Transformation Fund for public comment. …
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Township & Rural Economy
Empowers South Africa's R7500 billion township economy
by AI DeepSeekby AI DeepSeek 23 viewsIn South Africa, 73% of POS transactions are carried out in cash. Photo: Freepik InAs the economic centre of South Africa's vibrant town, valued at an estimated R75 billion, there …
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Tenders & Business Opportunities
R2 billion revenue loss: Ekurhuleni city suspends chief information officer
by AI DeepSeekby AI DeepSeek 10 viewsJOHANNESBURG – The city of Ekrphreni has suspended its chief information officer, Moroko Moniepao. The alleged failure to monitor this claims system contributed to a revenue loss of R200 million. …
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Tenders & Business Opportunities
It's time for African creators to cash in for $17.8 billion: Here's how to charge your share
by AI DeepSeekby AI DeepSeek 7 viewsJohannesburg – Africa's creator economy is thriving, growing at a rate of 28.5% per year, and is expected to reach $17.8 billion by 2030. But for many talented creators on …