south africa investment

South Africa’s Investment Conference Achieves Its Target

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The fifth annual Investment Conference in South Africa, recently held in Johannesburg, has been a resounding success. The gathering, aimed at promoting investment in the country, attracted investors from both South Africa and other parts of the world. Some leading industries that received investment commitments included mining and mineral beneficiation, the energy sector, industrial sector, advanced materials, chemicals, healthcare, pharmaceuticals, food and beverage, infrastructure development, logistics, and social housing. With these sectors receiving significant investment commitments, the conference achieved its target of R1.2 trillion investments.

safe space homeless

Cape Town Proposes New Safe Space for Homeless Individuals

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The City of Cape Town is proposing a new Safe Space for homeless individuals in the Green Point area of Cape Town. The new space is an expansion of the City’s existing Safe Space programme, which currently offers 480 shelter beds at two facilities located at Culemborg in the city centre. The proposed 300bed Safe Space, located under the flyover bridge on Ebenezer Road, has been open for public comment until 8 May.

eskom loadshedding

Eskom’s Loadshedding: A Challenge for South Africa

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Eskom, South Africa’s stateowned electricity company, is facing significant challenges in supplying electricity to the country. The company has projected that the government will face load shedding every week for the next year due to a worstcase scenario expected to exceed 17,000 MW of planned and unplanned outages.