Small businesses struggle to secure capital: Economist

South African money notes and coins. Economist Doctor Azar Jammine says small businesses are finding it extremely difficult to secure capital. South Africa experienced another spike in business liquidations in September. There was a 23.9% increase in the number of businesses closing down. Dr. Jammine says that big businesses get more support which contradicts government’s…

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Interest rate cuts will attract investors to SA: Economist

SARB Governor Lesetja Kganyago announces interest rates in Pretoria on January 30, 2025. 1 minute Independent Economist Elize Kruger says further interest rate cuts would attract investors to the country and boost economic growth. Her comments come after the South African Reserve Bank’s (SARB) reduction of the repo rate by another 25 basis points to…

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Africa bags up to $12b a year at first water investment summit

The Minister of Water and Sanitation, Pemmy Majodina The inaugural three-day water investment summit in Cape Town has managed to get annual investments of betwt een $10b and $12b. The African Union AIP (Continental Africa Water Investment Programme) Water Investment Summit is aimed at attracting investment to address water scarcity on the continent as well…

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Lebone Seema’s screamer sinks Orbit as Orlando Pirates prevail

Orlando Pirates midfielder Patrick Maswanganyi in action. Orlando Pirates edged out newly-promoted Orbit College 1-0 on Tuesday night, securing back-to-back league victories and climbing to seventh place with six points from four matches. Orbit College, meanwhile, remains mired in 14th on three points after the same number of outings, their defensive resolve tested but ultimately…

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Freeman launches 13th album in style

The rains that had pounded some parts of Harare, especially the city centre late Saturday afternoon could not deter the sheer willpower of thousands of the HKD family that thronged the venue. DANCEHALL musician Freeman HKD, born Emegy Sylvester Chizanga, on Saturday gave a scintillating performance when he launched his 13th album titled Me vs…

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Sprinter Bayanda Walaza withdraws from World Athletics Championships

Team South Africa relay team member Bayanda Walaza South African sprinter Bayanda Walaza has been withdrawn from the national team for the World Athletics Championships starting in Tokyo this weekend. Following a comprehensive medical evaluation, Athletics South Africa has determined that Walaza’s hamstring injury, sustained during his race at the Diamond League Final in Zurich…

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