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Public Works boosts social sector skills base

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Johannesburg -The Department of Public Works is embarking on a process of developing a clear and detailed strategic training plan for the Expanded Public Works Programme (EPWP) social sector.

Lower than projected revenue expected

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Cape Town - Government would maintain a countercyclical fiscal policy over the next three years by growing expenditure to bolster job creation, the Minister of Finance Pravin Gordhan revealed today, while warning that revenue collection is expected to be R13 billion off target.

Govt to boost infrastructure, industrialisation

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Cape Town - Amid concerns over a sluggish global economic recovery and the unresolved European debt crisis, the government plans to focus more on investing in infrastructure and boosting industrial capacity while looking to set up a special nest-egg fund to held build the economy, the Finance Minister Pravin Gordhan said in Parliament today.

Proposals will drive foreign investment

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Cape Town - The National Treasury wants to make it easier for foreigners to invest in South Africa and promote the country as a gateway into Africa by overhauling the prudential and investment regulatory framework.

Tax collection to fall short by R13bn

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Cape Town - Government would maintain a countercyclical fiscal policy over the next three years by growing expenditure to bolster job creation, the Minister of Finance Pravin Gordhan revealed today, while warning that revenue collection is expected to be R13 billion off target.

Save Africa's forests - experts

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Durban - Climate change threatens to undermine many of the development objectives of African countries and the developing world, says Minister of Agriculture, Forestry and Fisheries, Tina Joemat-Pettersson.

Mining sector fails to perform: Gordhan

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Cape Town - South Africa's mining sector has failed to capitalise on escalating commodity prices and has performed poorly in recent years when compared to the mining sectors of other countries, the Finance Minister Pravin Gordhan revealed today.

Infected bananas email a hoax

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Pretoria - An email claiming that certain bananas from KwaZulu-Natal have been poisoned with a flesh-eating bacterium has been clarified as a hoax email by the Department of Agriculture, Forestry and Fisheries.

Gordhan moots setting aside of 'policy reserve'

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Cape Town - The National Treasury is looking at creating a separate nest-egg of funds or "policy reserve" by drawing from its existing investments and revenue to support economic growth, the Minister of Finance Pravin Gordhan said today.

Notice period for cities wanting to host Afcon matches

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Pretoria - The South African Football Association (Safa) has issued a notice to municipalities interested in serving as host cities of the 2013 African Cup of Nations (Afcon) and the 2014 African Nations Champions (CHAN).

Gloves off at COP 17

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Durban - A group of 54 African countries at the UN Climate Change Conference in Durban has flexed its muscles on Monday, expressing concern at what it described as attempts by some developed countries to kill the Kyoto Protocol.

Industrial development zones to get R25bn

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Cape Town - The Minister of Finance Pravin Gordhan today revealed plans to provide R25 billion over the next six years to stimulate industrial development zones, boost investments in enterprises and job creation, support green initiatives and to get the private sector to partner with the public sector to invest in infrastructure.