Business & Economy
An infrastructure-led approach to resolving Cape Town’s congestion issues

By Olebogeng Manhe, Chairman of the Gap Infrastructure Corporation (GIC)   For a city celebrated as Africa’s tourism capital and the Silicon Valley of South Africa, Cape Town faces a major threat to its continued success in the form of paralysing traffic. A combination of fast-growing population numbers, the return

Read More »
Business & Economy
Treasury Pushes Back Against Criticism Over SANDF Funding

The National Treasury has dismissed claims that it is to blame for the South African National Defence Force’s (SANDF) ongoing financial troubles, following pointed remarks by Navy Chief Admiral Monde Lobese.   During a recent meeting of the Joint Standing Committee on Defence, Lobese accused Treasury of undermining the SANDF,

Read More »
Business & Economy
Macsteel Begins Retrenchments as Global Steel Pressures Mount

Macsteel Begins Retrenchment Process Amid Global Steel Market Pressures MDNNews has learned that Macsteel has begun retrenching portions of its workforce, as the company navigates mounting challenges in the global steel market. An employee, speaking on condition of anonymity, confirmed that the retrenchment process is already under way internally. Macsteel

Read More »
Business & Economy
South Africa Secures $1.5 Billion Loan to Boost Infrastructure and Attract Private Investment

South Africa has secured a $1.5 billion loan aimed at unblocking critical infrastructure challenges and drawing more private-sector investment into the economy. The funding will primarily address pressing issues in energy and freight systems, while also supporting broader efforts to modernize the country’s infrastructure and improve service delivery.   The

Read More »
Business & Economy
THE Lesotho Electricity Company (LEC) procured four-core electricity cable worth M1.2 million from a South African catering company

THE Lesotho Electricity Company (LEC) has once again stunned the nation after revelations that it procured four-core electricity cable worth M1.2 million from a South African catering company.   The Public Accounts Committee (PAC) was left in shock yesterday upon learning that LEC Acting Managing Director, Nathaniel Maphathe, authorised the

Read More »

Recent Post

MOST READ

Subscribe Our Newsletter

Subscription Form

ADVERTISE WITH MDNtv