President Cyril Ramaphosa is hamstrung by politics and the economy is suffering the consequences.
Removing policy uncertainty in South Africa, allocating new broadband spectrum and changing visa regulations could immediately boost the country’s flagging economy, Reserve Bank deputy governor Kuben Naidoo said.
South Africa’s biggest business lobby criticised the government’s handling of the crisis at power utility Eskom and said it was unrealistic in its approach to the country’s growing debt burden.
Karen Breytenbach, who oversaw the expansion of South Africa’s privately owned renewable energy projects, said she was asked to vacate her job about nine months before her contract expires.
The department of communications & digital technologies was meant to publish the policy direction on the assignment of broadband spectrum in South Africa last Friday, but failed to do so.
South Africa will ramp up support for its ailing state-owned power utility Eskom with an additional R59-billion spread over two years.
South African business leaders are becoming frustrated with the pace of reform under President Cyril Ramaphosa. His cabinet choices and spending pledges haven’t helped.
In the podcast this week, Duncan McLeod and Regardt van der Berg chat about the woes at Econet Media and what they might mean for the launch of Kwese Free TV in South Africa. Plus lots more…
President Cyril Ramaphosa on Friday rallied to the defence of China’s Huawei, saying the company’s technology will be crucial in the roll-out of 5G mobile telecommunications infrastructure in South Africa.
The “first of its kind” live holographic projection of President Cyril Ramaphosa’s address will be transmitted to the Rustenburg Civic Centre in the North West