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ECIC Marketing Officer, Odirile Ramasodi, participated in a live radio discussion on Radio 2000 at the dti Open Day held on the 11th March 2016.
For the past three years, the dti has hosted a successful Open Day with an overwhelming attendance of more than 5 000 people. The exhibition comprised of all the agencies of the dti and other stakeholders.
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Cape Town - Government debt will be stabilised over the medium term and South Africa is far from a debt trap, according to the Budget Review.
It states that SA's deep and liquid domestic captial markets, and its access to international borrowing, continue to provide resources for government’s financing needs. Domestic capital markets will remain the main source of borrowing but over the medium term, government's borrowing strategy focuses on reducing the risks presented by the sharp increase in loan repayments beginning 2016/17.
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A 120MW gas-fired power station at Ressano Garcia, on the border between South Africa and Mozambique, was officially inaugurated last week.
Castigo Langa, chairman of Gigawatt
Mozambique, who developed the power station,
said the $200m (R3.2bn) investment is also a
first step in the harnessing of Mozambique’s
huge natural gas resources not only for the
benefit of Mozambique and its people, but also
for whole of the Southern African region.
“The power station is strategically located close
to the main transmission lines that connects
South Africa and Mozambique,” said Langa.
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