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Economic support measures to remain in place

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… that further measures would be taken to boost the economic recovery. In his State of the Nation Address, Zuma said though economic indicators suggested that the worst was over and …

STATE OF THE NATION ADDRESS BY HIS EXCELLENCY JG ZUMA

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… friends, We are meeting against the backdrop of a global economic crisis. Last year, we experienced our first … crisis, through these difficult times. Honourable Members, Economic indicators suggest that we are now turning the … them. It is too soon, though, to be certain of the pace of recovery. Government will therefore not withdraw its support …

Economic support measures to remain in place

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… that further measures would be taken to boost the economic recovery. In his State of the Nation Address, Zuma said though economic indicators suggested that the worst was over and …

Repo rate unchanged at 5.5%

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… for the year, Governor Gill Marcus said South Africa's economic recovery remains hesitant with a deterioration of the … from stable to negative. The rating agency cited slower economic growth than what was previously expected as well a …

Budget Speech 2010 Minister of Finance Pravin Gordhan

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… social organisations to work together to create a better economic future. Our people want to be positively energised … use all of our talents, skills and resources to tackle our economic and social challenges. Mr President, you have said … government will undertake over the period ahead. Global recovery and South Africa's economic outlook Mister Speaker, …

Business lauds Gordhan's fiscal sustainability

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… sacrificing important government programmes and derailing economic recovery. "It also provides policy stability during a period … budget as showing discipline and presenting a longer term economic vision for the country. It also welcomed additional …

UN stands with Chilean people - Ban

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… of up to $10 million in UN funds to support the relief and recovery effort in Chile. He also announced the creation of a … shelters, education and water and sanitation. The UN Economic Commission for Latin America and the Caribbean …

EC exceeds jobs target, but challenges remain

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… in the country after Gauteng and Limpopo, according to Economic Development Minister Ibrahim Patel. The figure is … that the province’s GDP growth dropped from the recovery figure of 3.4% in 2011 and is expected to remain at … number of programmes to ensure young people had access to economic development opportunities. These include maintaining …

Trade conditions continue to improve

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… slowed given the uncertainty about the strength of the economic recovery over the medium term. The index on selling prices … of the 2010 FIFA World Cup as well as anticipated stronger economic recovery in the second half of the year, said SACCI. …

Economists upbeat about GDP figures

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… Danelee van Dyk. The economists however cautioned that recovery of the country's economy will be slow. Additional to … MPC other than confirm that the economy is turning around. Economic growth will have to disappoint for the bank to cut …

T-20 ministers discuss tourism, economy

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… to discuss how best the industry will assist in the global recovery. The meeting, which is dubbed the T-20, under the … globally and in South Africa as a vital contributor to economic growth as well as a key job provider and therefore vital in driving the economic recovery globally. Speaking at the opening of the …

SACCI concerned at farm attacks

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… conservative approach to the impact of farm attacks on economic output," the Chamber said. It is by no means a comprehensive estimate of economic impact of the attacks on farms or the direct, … as these further impede South Africa's currently modest recovery from the global economic crisis. They constitute a …

Taxi strikes hamper economic recovery - SACCI

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… Pretoria - Minibus taxi strikes hamper South Africa's recovery from the global economic meltdown, says the South African Chamber of Commerce … destination," said the chamber. … Taxi strikes hamper economic recovery - SACCI …

Labour-intensive economy to create jobs - Patel

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… Cape Town - The Department of Economic Development has identified several areas of the … and innovation to the challenge of jobs and growth," said Economic Development Minister Ebrahim Patel delivering his … While, South Africa's economy has started to show signs of recovery, Patel conceded that regulatory reforms that …

Cabinet talks tough on taxi strikes

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… Industry (SACCI) said taxi strikes hampered South Africa's recovery from the global economic meltdown. … Cabinet talks tough on taxi strikes …

Reserve Bank slashes repo rate

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… very uncertain times," she said, adding that the global recovery has continued in an uneven way with downside risks … the news. "Given the present internal and external economic trends, it is the right move. With interest rates … following data, which pointed towards the domestic recovery losing some momentum, and inflation falling further …

SACCI welcomes repo rate cut

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… SMMEs, who are still vulnerable despite the hesitant recovery of the country from the recent global economic downturn. It will also assist consumers who are …

Indaba to look into NW's economy

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… national recession period was over, an Integrated Economy Recovery Plan would be developed at the Indaba which would be … whether the province was out of a recession or not. "Our economic growth remains challenged by infrastructure and …

: Welcome address by President Jacob Zuma at the 2010 UNWTO International Tourism, Sport and Mega-Events Summit

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… given that we have just emerged from the worst global economic recession of our generation. Due to the recession, … percent in 2009, to 880 million. The effects of the global economic recession and uncertainty around the swine flu … economies and travel and tourism sectors. The economic recovery has meant that in 2010 we should see an increase of …

New vehicle sales grow in May

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… pent up replacement demand has contributed to the strong recovery of domestic sales. "Positive factors that would … confidence as well as projected further recovery in economic activity levels. On the down side, however, the … and uncertainty about the sustainability of the global economic recovery could impact on volume growth over the …