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Northern Cape has potential to contribute more to economic growth

Mineral Resources and Energy Minister Gwede Mantashe says the Northern Cape is expected to play a big role in South Africa’s mining and energy corridor of the future.He was speaking at the 2nd Northern Cape Mining and Energy Investment Conference held …

BMW to export hybrid cars from South Africa plant

German car manufacturer BMW has announced that, as of next year, its X3 models will be exported from South Africa to countries all over the world.They will be produced in the company’s Rosslyn plant with an investment of 4.2bn South African rand ($225m…

Ag. Customs C-G assures of simplified trade processes

The Acting Comptroller-General of Nigeria Customs Service (NCS), Wale Adeniyi, has assured of his commitment to bringing an end the encumbrances experienced during trade.Adeniyi gave the assurance when former Comptroller-General of Customs, retired Co…

Markets react to new Nigeria reforms

from OKORO CHINEDU in Lagos, Nigeria Nigeria Bureau LAGOS, (CAJ News) MARKETS have responded positively to the early reforms by the new administration in Nigeria.FBN Quest, the market watcher, noted the Nigerian Stock Exchange (NGXAS) has rallied sinc…

Global development financing must achieve local benefits

With improved funding for South Africa’s Just Energy Transition, the country will be able to invest significantly in bolstering the electricity grid and new renewable energy generation.In his weekly newsletter to the nation on Monday, President Cyril R…

REA electrify 700 households, businesses in Niger community

The Rural Electrification Agency (REA) said it had provided power supply to over 700 households and businesses in Danchitagi community in Niger to cushion the effect of the fuel subsidy removal.Mr Ahmad Salihijo, Managing Director of the agency said th…

Nigeria’s Public debt hits N49 trillion

The Debt Management Office (DMO) said the total public debt stock of Nigeria as at March was N49.95 trillion (108.30 billion dollars).According to a statement obtained from the DMO official website on Sunday, the total debt stock comprises the external…

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