Category archives for: Finance

India, South Africa solidify bilateral ties

India, South Africa flags

by AKANI CHAUKE JOHANNESBURG, (CAJ News) – SOUTH Africa is strengthening bilateral relations with India. Professor Anil Sooklal, Deputy Director-General in the Department of International Relations and Cooperation, responsible for the Asia and Middle East Regions; and India’s Dr Neena Malhotra, Joint Secretary, East and Southern Africa, from the Ministry of External Affairs, are leading the […]

Davos 2018: BLSA wants state capture, graft tackled

Deputy President Cyril Ramaphosa with President Jacob Zuma

by SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) – AFTER choosing a new leadership to address intense factionalism, at least for now, the ruling African National Congress (ANC) must lead efforts towards restoring confidence on South Africa. This is according to the Business Leadership South Africa (BLSA) ahead of a delegation from the country attending the Davos […]

VW launches world-first Mobility Solutions Rwanda


from PHYLLIS BIRORI in Kigali, Rwanda KIGALI, (CAJ News) – VOLKSWAGEN has commenced the rollout of its integrated automotive mobility solutions with the registration of a first-of-its-kind entity in Rwanda. The Volkswagen Mobility Solutions Rwanda will commence operations in the second quarter of 2018 with an initial investment of US$20 million and the creation of […]

Largest fund for African startups unveiled

African  technology entrepreneurs

by AKANI CHAUKE JOHANNESBURG, (CAJ News) – THE launch of a €100 million fund, expected to become the largest venture-capital fund focused on digital-technology start-ups in sub-Saharan Africa, is set to accelerate ongoing digital transformation and drive economic growth in the region. International Finance Corporation (IFC), a member of the World Bank Group, has assisted […]

MTN’s R30 billion investment on network pays off


by SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) – MTN has invested more than R30 billion (US$2,4 billion) over the past three years on network improvement in South Africa, a senior official disclosed as the operator was adjudged the best mobile network in the country. Godfrey Motsa, Chief Executive Officer of MTN South Africa, disclosed the investment […]

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