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parks taulatest news & developments

Black Business Council accuses top law firms of resisting transformation over Legal Sector Code challenge

A legal battle over South Africa’s Legal Sector Code has reignited debate over transformation, ownership targets and procurement rules in the legal profession

The IDC should establish an independent forum to address employee relations issues.
 Photo: -File

IDC avoids confirming board probe into Tinley Club Med deal

The IDC has not confirmed whether a formal board inquiry was conducted into the Tinley Club Med transaction, leaving key governance questions unanswered

Out of business: Apiwe Nxusani-Mawela of Brewsters Craft, an
agro-processing and beverage manufacturing company that shut down
after the Covid-19 pandemic. Photo: Supplied

IDC under scrutiny as entrepreneurs detail liquidation fallout

An entrepreneur has accused the Industrial Development Corporation of rigid recovery practices that ignore the impact of Covid-19, as calls grow for an inquiry into its treatment…

Call for transformation: Minister of Justice and Constitutional Development, Mmamoloko Kubayi acknowledged that black legal practitioners continue to be sidelined and denied fair business opportunities with government. Photo: DOJ

Dearth of State briefing; death of black legal practice

Discriminatory procurement practices keep black law firms small, while many black advocates are forced to leave the Bar. LPC statistics for 2024 show that the largest majority…

President Cyril Ramaphosa delivers the keynote address at the sixth South Africa Investment Conference at the Sandton International Convention Centre. Photo: Dirco

Ramaphosa launches R2 trillion investment drive

After securing R1.5 trillion in investment commitments, President Cyril Ramaphosa said the new target is to attract an additional R2 trillion in investment

As South Africa prepares to host the sixth SA Investment Conference, government leaders and economists say global instability, including tension in the Middle East, unexpectedly boost the country’s appeal as a stable investment destination

SA pitches itself as Africa’s gateway amid global market turbulence

As South Africa prepares to host the sixth SA Investment Conference, government leaders and economists say global instability, including tension in the Middle East, unexpectedly…

Intervention: Trade, Industry and Competition Minister Parks Tau, left, and his deputy Zuko Godlimpi believe a sustainable solution can be found to
prevent Tongaat Hulett from being liquidated, thus preventing a devastating ripple effect across the economy. Photos: Supplied

Tau leads drive to save Tongaat Hulett

The government says the ailing company is a crucial player in South Africa’s sugar value chain and its demise would have ‘far-reaching and devastating consequences’ for the sector

Minister of Trade Industry and Competition Parks Tau

Parks Tau: Trade Industry and Competition

SCORE: C+ Tau has had a tough year navigating the global turmoil triggered by US tariffs on several countries. The 30% on South Africa’s exports is certainly not a reflection of…

Minister Parks Tau. (Delwyn Verasamy/M&G)

South Africa offers US a revised trade deal and seeks to diversify exports

Trade Minister Parks Tau said the US’s 30% tariff on exports has necessitated a balanced response between renegotiation, trade diversification and protection from an import surge

International Relations and Cooperation Minister Ronald Lamola (left) and Minister of Trade Parks Tau (right) during a briefing on Monday. (DIRCO)

South Africa seeks new export markets as US tariff looms

While the government negotiates a mutually beneficial deal with the US, it says it is making plans to diversify its export marke

Johannesburg mayor Dada Morero. (X)

Finance MMC job in Jozi a political hotbed

The delay in appointing a finance MMC in the City of Johannesburg stems from the perception that the position is seen as a stepping stone to the mayoral seat, making it a hotly…

Trump thump: President Cyril Ramaphosa remained calm during his visit to the Oval Office, despite US President Donald Trump trying to provoke him with accusations of white genocide in South Africa. Photos: GCIS

Ramaphosa’s big Trump trade-off

But he secured tentative trade talks as negotiations with officials on a pact between South Africa and the US were set to continue

President Cyril Ramaphosa is welcomed by Minister Ronald Lamola at the South African embassy in Washington. (GovernmentZA/X)

Ramaphosa to press Trump on attending G20 summit, racial redress

The presidency believes the US president knows his invective against South Africa is devoid of truth

Trade, industry and competition minister Parks Tau. (Photo: X)

Transformation fund introduces new empowerment codes for transport sector

A significant portion of the R100-billion transformation fund will be allocated to the transport sector with an aim to unlock inclusive growth in the mobility value chain.

President Cyril Ramaphosa.Photo: @CyrilRamaphosa/X

Ramaphosa plans to pitch trade deal to Trump

The president is taking a transactional approach to resolving a diplomatic tempest

Vodacom demonstrates that anchoring identity in the physical world still matters. Photo: File

Trade, industry and competition department sells out to telecoms big business

Last year, the Competition Tribunal prohibited Vodacom’s purchase of a stake in Remgro’s fibre businesses — Vumatel and Dark Fibre Africa (DFA). But then, South Africa’s minister…

Trade, industry and competition minister Parks Tau. (Photo: X)

SA’s World Economic Forum team optimistic about economic growth

The pause in load-shedding and government’s collaboration with business signals a positive shift, the delegation says

Minister of Trade, Industry and Competition Parks Tau. (Photo by Sharon Seretlo/Gallo Images via Getty Images)

Parks Tau

SCORE: B In his first six months leading the department of trade, industry and competition, Parks Tau has made effective moves. He led the delegation to the United States to…

Trade, industry and competition minister Parks Tau. (Photo: X)

Cannabis master plan moved from agriculture to trade and industry ministry

New legislation could be brought before parliament in the coming session

Former Minister of Trade, Industry and Competition, Ebrahim Patel. File photo

Lottery spent R1.5million on ‘lawfare’ to try stop Patel’s anti-corruption battle

The litigation was part of a fightback campaign by the National Lotteries Commission’s previous board and management