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South Africa directing R50 billion to new black business fund | SA News

 ·5 Feb 2026

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The African Export-Import Bank agreed to lend South Africa an initial $11 billion (R177 billion) to ease funding pressures and support infrastructure projects—with $3 billion (R50 billion) going to black-owned businesses.

As much as $8 billion (R129 billion) of the amount will be directed to priority areas, including energy, minerals processing and critical infrastructure, Afreximbank President George Elombi said at the signing of the support package in Johannesburg on…

World’s Highest Commercial Bungee Jump: The Bloukrans Bridge in the
Tsitsikamma region offers the highest commercial bungee jump in the world at 216 meters.

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  1. Fun South African Fact: South Africa is home to the highest commercial bungi jump in the world at 710 feet.

  2. A lady was picking through the frozen turkeys at Pick \’n Pay, but couldn\’t find one big enough for Christmas dinner.

    She asked a packer, \”Do these turkeys get any bigger?\”

    He replied, \”No madam, they\’re dead.\”