Category archives for: Finance

Western Cape digitalization a public works breakthrough

Western Cape DTT

From DION HENDRICK in Cape Town CAPE TOWN, (CAJ News) – THE recent digital transformation at the Western Cape Department of Transport and Public Works recently embarked is bearing fruit with reduction of the average turnaround time, efficiency of the approvals process and the problem of missing documents now a thing of the past. The […]

Groundbreaking on solar field in Burundi

Solar

From OMEGA SSUUNA in Bujumbura, Burundi BUJUMBURA, (CAJ News) – THE largest private international investment in the power sector in Burundi in nearly three decades has been launched amid pomp and fanfare in the capital Bujumbura. The 7,5 megawatt (MW) solar field that will add 15 percent to the East African country’s generation capacity. Gigawatt […]

EU grant increases Zambians access to power

Government of Zambia and the European Union signed the Financing Agreement for the "Support to the Zambia Energy Sector: Increased Access to Electricity ..

From ARNOLD MULENGA in Lusaka, Zambia LUSAKA, (CAJ News) – OVER 300 000 Zambians are set to enjoy reliable, clean and affordable electricity following the €65 million grant the European Union (EU) has signed with the Southern African country. Electricity will be transmitted at least 63 000 households and micro small enterprises (MSEs). It will […]

Divergent positions persist over Naira devaluation

naira

From OKORO CHINEDU in Lagos, Nigeria LAGOS, (CAJ News) – RAND Merchant Bank (RMB), the international markets watcher, said politics was prevailing over economic realities on the deadlock regarding the value of the Naira against the United States Dollar. There have been conflicting positions from government in the public domain regarding the emotive issue. “In […]

De Beers pilots fixed-price project

DIAMOND

By GIFT NDOLWANE JOHANNESBURG, (CAJ News) – THE De Beers Group, the leading diamond company, will begin piloting fixed-price forward contracts next month. These contracts will offer the opportunity for auction sales customers to guarantee access to future supply with certainty over the price to be paid when the contract reaches maturity. The first event […]

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