After securing R1.5 trillion in investment commitments, President Cyril Ramaphosa said the new target is to attract an additional R2 trillion in investment

As South Africa prepares to host the sixth SA Investment Conference, government leaders and economists say global instability, including tension in the Middle East, unexpectedly boost the country’s appeal as a stable investment destination

The government says the ailing company is a crucial player in South Africa’s sugar value chain and its demise would have ‘far-reaching and devastating consequences’ for the sector

SCORE: C+ Tau has had a tough year navigating the global turmoil triggered by US tariffs on several countries. The 30% on South Africa’s exports is certainly not a reflection of the minister’s personal performance. But the reality is that under his watch, not only has the country been slapped with the punitive tariff, it […]

Trade Minister Parks Tau said the US’s 30% tariff on exports has necessitated a balanced response between renegotiation, trade diversification and protection from an import surge

While the government negotiates a mutually beneficial deal with the US, it says it is making plans to diversify its export marke

The delay in appointing a finance MMC in the City of Johannesburg stems from the perception that the position is seen as a stepping stone to the mayoral seat, making it a hotly contested post, ANC regional sources say. With the party due to hold its Johannesburg regional conference in September, two factions — referred […]

But he secured tentative trade talks as negotiations with officials on a pact between South Africa and the US were set to continue

The presidency believes the US president knows his invective against South Africa is devoid of truth

A significant portion of the R100-billion transformation fund will be allocated to the transport sector with an aim to unlock inclusive growth in the mobility value chain.

The president is taking a transactional approach to resolving a diplomatic tempest

Last year, the Competition Tribunal prohibited Vodacom’s purchase of a stake in Remgro’s fibre businesses — Vumatel and Dark Fibre Africa (DFA). But then, South Africa’s minister of trade, industry and competition, Parks Tau, submitted notice to appeal. This is worrying.  While Vodacom marketed the proposed transaction as an effort to “connect underserved communities”, a […]

The pause in load-shedding and government’s collaboration with business signals a positive shift, the delegation says

SCORE: B In his first six months leading the department of trade, industry and competition, Parks Tau has made effective moves. He led the delegation to the United States to lobby for the renewal of the African Growth and Opportunities Act (Agoa) agreement. Alongside other African ministers of trade Tau urged the Biden administration and […]

New legislation could be brought before parliament in the coming session

The litigation was part of a fightback campaign by the National Lotteries Commission’s previous board and management

The plant is expected to create 250 direct jobs and a number of indirect jobs for people in the Durban area.

The move is aimed at helping South Africa get off the Financial Action Task Force grey list and the prosecute state capture cases

The president offered an olive branch to alliance partners to ease tensions over the government of national unity

The party is establishing a task team led by Minister Parks Tau, a former mayor of Johannesbur, to tackle service delivery issues