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Jump-starting tourism

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… sector is providing a sliver of light to South Africa’s economic recovery. “Over the past two years, measures to mitigate the … further negatively impact on our struggle for broad based economic transformation in this sector,” says Lebele. …

Local economic development key to empowering municipalities

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… President Cyril Ramaphosa says local economic development is one of the key drivers to lowering … circulate in local areas. “That is why accelerating economic growth, attracting investment and creating jobs must … “If we are to harness the momentum of economic recovery that these new investments signal, local government …

Infrastructure projects to benefit communities

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… development by implementing projects that facilitate economic growth, socio-economic development, and employment opportunities within … on Tuesday. This is key as the Economic Reconstruction and Recovery Plan identifies aggressive infrastructure investment …

Condolences for families of Jagersfontein disaster

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… Ramaphosa expressed appreciation for the rescue and recovery efforts being undertaken in the area. He also … move around Musina, and also allow for increased trade and economic activity between South Africa and the Southern … of living and inflation. “The interventions made by the Economic Reconstruction and Recovery Plan (ERRP) have largely …

Number of people employed in agriculture increases

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… the first quarter of 2022. This was revealed during an Economic Sectors, Investment, Employment and Infrastructure … (ESIEID) Cluster briefing held on Thursday. The Economic Sectors, Investment, Employment and Infrastructure … on the progress of the Economic Reconstruction and Recovery Plan (ERRP). The ERRP is a collaborative initiative …

Government outlines achievements of economic recovery efforts

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… a period where the majority of people were without any economic activity, says Minister of Human Settlements, … (PES), which was government’s response to the devastating economic impact of the pandemic on jobs and livelihoods. … livelihood support programmes, as part of a wider economic recovery progress. The PES forms part of government's …

Energy security critical for economic recovery

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… Dr Nobuhle Nkabane, says energy security is critical for economic reconstruction and recovery, particularly for a developing economy. “We are … which contributes towards worsening South Africa’s economic status on the balance of payment.    “The IRP 2019 …

President Ramaphosa visits US, UK

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… be addressed. These include the urgent need to stimulate economic recovery in the wake of the COVID-19 pandemic,” the …

Small-scale farmers encouraged to venture into mushroom industry

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… equitable and inclusive growth, while boosting SA’s economic recovery plan. According to the South African Farmer’s … and shared their own journey in the mushroom market and economic opportunities available in the industry, and …

R7.7bn Sappi Saiccor upgrade project a boost for KZN

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… show that South Africa’s economy is on the road to recovery. “These investments have been made possible, thanks … the project supports a number of the country’s national economic priorities. Firstly, he said it supports … mill is producing employment, developing skills and adding economic value to an important raw material,” the President …

New automotive plant an economic boost for KZN

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… of South Africa’s economy is a key pillar of the Economic Reconstruction and Recovery Programme. He said that government has developed … President said. – SAnews.gov.za … New automotive plant an economic boost for KZN …

President Ramaphosa to hold talks with US President

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… be addressed. “These include the urgent need to stimulate economic recovery in the wake of the COVID-19 pandemic.” Pandor told … Development Goals (SDGs). “For the global South, the economic and socio-economic impact of COVID-19 has been …

Building new social compact a work in progress, says Nxesi

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… progress, as the country grapples with the burden of socio-economic challenges and the rapid changes taking place in the … was delivering the opening address at the 27th National Economic Development and Labour Council (Nedlac) Annual … with government to develop the Economic Reconstruction and Recovery Programme. The ERRP has since developed around a …

Tourism sector shows signs of recovery

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… National Park,  in the Northern Cape,the Minister said the recovery, primarily at this stage in the domestic tourism market, reflects that the South African Economic Reconstruction and Recovery Plan in the tourism … the 2021/22 financial year.” In an effort to expand the economic opportunities in the national parks, earlier this …

Local manufacturing key component to growing economy

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… means greater exports and a boost for the South Africa’s Economic Reconstruction and Recovery Plan. “This [facility] supports our aim to build … to supply local and foreign markets, to support broader economic development and to create more jobs. A growing local …

UIF's investment portfolio outperforms benchmark

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… leave, illness, and parental and adoption benefits. In its economic outlook as the UIF’s asset manager, the PIC … as well as the length of shutdowns and the resultant economic impact which could weigh in on the market … turn-around interventions in investee companies or legal recovery steps, to ensure that the Fund’s performance is …

South Africans urged to explore their own backyard

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… is in line with our country’s vision to ignite inclusive economic growth, sustainable job creation, and … that the tourism industry makes to provincial and national economic growth and job creation. “This is also the month … added that domestic tourism has been leading the sector’s recovery. “This recovery is evident in the domestic tourism …

Government concerned about GDP figures

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… heightened period during which the globe experienced slow economic growth. South Africa, like many countries around the … that there are signs that the economy is on the road to recovery. “The latest employment figures, specifically, bear … 2022. “The figures indicate that the priority areas of the Economic Reconstruction and Recovery Plan, such as mass …

South African GDP declines by 0.7%

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… while the output was also dented by load shedding. “Economic activity in the electricity, gas and water supply … pre-pandemic levels in the first quarter of 2022. “The recovery was short-lived, with the 0.7% decline in the second … 2019 level, from the second quarter of 2020 when national economic activity was at its lowest.” By the second quarter …

KZN jump starts entrepreneurs' entry into automotive sector

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… In a move that will drive economic transformation in the automotive sector, … in 2020, paved the way for the provincial Department of Economic Development, Tourism and Environmental Affairs and … sector and boost confidence in the province’s economic recovery, post COVID-19, the July civil unrest, and flood …