George Tourism growth in revenue during the Festive
George Tourism said there was a percentage decrease in average occupancy compared to the previous year (2023). There was a growth in revenue by 28% year on year, amounting to…
Heatwave in the Cape
Extreme weather conditions continue over the Namakwa interior and the West Coast, as well as most parts of the Western Cape. The South African Weather Service (SAWS) said daytime temperatures…
SA to host global finance summit
South Africa is hosting the Finance in Common Summit (FiCS) 2025 in Cape Town from 26 to 28 February. This event is expected to bring together global leaders, development banks,…
Have your say in the development of the NMBM
Comments towards the development plan of the Nelson Mandela Bay Metro, can now be submitted via community involvement, stakeholder engagement platforms and other structured meetings. The Nelson Mandela Bay Municipality…
Government increases fish allocation by 36%
Dr Dion George, the Minister of Forestry, Fisheries and the Environment, has announced a 36% increase in the allocation of certain key fish species. George said this is a bold…
African Development Bank launches a new GBP 500 million 4.625% 3-year Global Benchmark
The African Development Bank (“AfDB”) has launched and priced a new GBP 500 million 3-year Benchmark transaction due February 1st, 2028. The bond pays a coupon of 4.625% with a…
Fire in de Doorns contained
A fire in de Doorns, near Cape Town, ran parallel the N1 on Monday evening, after 6pm. Officials kept the road open and cautioned motorists of firefighting vehicles on the…
Search continues for missing man in Gordon’s Bay
A 24- year old man from Eerste River, is missing, after he was reportedly swimming at Strand Beach. Brian Gosling, NSRI Gordons Bay duty coxswain, said “at 15h16, Sunday, 19…
SA economy expected to grow by between 0,8% to 1,5
KPMG South Africa has forecast an economic growth of about 1,5% in 2025, and a further 1,8% in 2026 for South Africa. In an economic outlook published in December 2024,…
250 kg abalone bust in Hout Bay
A 22-year-old suspect, was arrested in Hout Bay, Cape Town, on Saturday, for the possession of 250 kilograms of abalone. He is now in custody at Hout Bay SAPS. Dr…