Skip to main content
Search SAnews

Search Results

SA in pleasing position, says Gordhan

1096 views
… Cape Town - South Africa is in a welcomed economic position, the Minister of Finance Pravin Gordhan, … faster global growth have been the main forces behind our economic recovery," said Gordhan. He said Gross Domestic Product (GDP) …

Retail sales up 6.1 percent

119 views
… base effects diminish," said Nedbank. The bank said recent economic releases suggest that the overall economic recovery remains fragile, with production still taking …

Marcus confident in SA bank notes

88 views
… in a challenging environment. "We are part of the global economic system and the serious difficulties facing many … way or another challenges too," she said. Domestically, recovery from the economic crisis has been fragile with disappointing growth …

2011 Budget Speech by Minister Pravin Gordhan, Minister of Finance

68 views
… journey is under way. We have embarked on the long walk to economic freedom. All South Africans aspire to these … transformation and expansion of our social and economic possibilities. In reflecting on commitments made in … Mister Speaker, there are encouraging signs of stronger recovery in the global economy as we enter 2011. But it …

Grim outlook for 2011 global economy - UN

33 views
… New York - The recovery from the global economic crisis has been faced with … on Wednesday. The annual UN report titled the "World Economic Situation and Prospects 2011 (WESP)" pointed to high …

Idasa hopeful about Budget, warns of debt servicing

56 views
… fastest increasing budget item over the medium-term. "The economic backdrop to the 2011 Budget does look more … to be realised. However, Verwey said the continued slow recovery of tax revenue meant that deficit financing remained … of 7.2 percent," he said. According to Idasa, though economic recovery in the narrower sense appears to be …

New vehicle sales improve in November

114 views
… compared to the corresponding month last year. "The strong recovery in sales of heavy and extra heavy trucks in recent … in the case of export sales, the sustainability of the recovery in the global economy. "For 2011, domestic new car … commercial vehicle sales, on the back of higher projected economic growth, could rise by up to 15 percent," said …

SA declares war on road accidents

91 views
… focus on road maintenance and potholes, public transport, economic infrastructure and communication and stakeholder … road crash in Limpopo ... and wish those injured a speedy recovery," said the minister. … SA declares war on road …

SA records R4.9bn trade deficit

78 views
… commodity prices is likely to be countered by global economic recovery that is still hesitant. "Imports on the other hand …

Continental cooperation needed to create jobs

92 views
… at regional and continental level to ensure complementary economic and social policies that create decent work … development policies and ensuring regional and continental economic cooperation in ways that promote jobs," said Zuma. … Mildred Oliphant, who told the summit that economic recovery could not be sufficient until there was employment …

Credit crunch hits SA agriculture markets abroad

64 views
… markets in Europe. It said that the financial and economic uncertainty and debt crisis in Europe "continue to … Zita said the forestry industry was showing "steady recovery" from the 2008 recession, which resulted in pulp and …

Business confidence rebounds

63 views
… a monthly and annual basis. There were signs of a possible recovery in certain real activities towards the end of 2012. … conducive business environment in 2013 is for the socio-economic partnership between government, business and labour … of approach in responding to South Africa's current socio-economic crisis," said Sacci. - SAnews.gov.za … Business …

E Cape trade doubles

85 views
… Sitembele Mase, said the increase in trade indicated an economic recovery in the review period, following the recession of the … period, partly due to the continued negative impact of the economic downturn and the corporation repositioning itself as …

British Royals to touch down in SA

1112 views
… on trade and investment promotion to support Britain's economic recovery; employment opportunities; education and practical …

Royal Highnesses to visit SA

60 views
… on: * trade and investment promotion to support Britain's economic recovery; employment opportunities; * education and practical … anniversary of Independence. Bilateral ties, including economic cooperation, will also be to the fore in Kuwait and …

Mini-budget must speak to global developments

69 views
… in the world economy. "Given the uncertain global economic outlook, the MTBPS must reinforce what SA can do to … developments in the world economy," Business Unity SA's Economic Policy Committee said on Thursday. Overall, it said … does not yet see overwhelming evidence of a sustainable recovery in economic activity. With world growth forecasts …

Make the country a success, urges Zuma

77 views
… system the country has been able to tackle its socio-economic development challenges. "It has been a short but … has been to ensure that more of our people benefit from economic growth whilst maintaining and indeed building on the … setback with the past 18 months having seen a substantial recovery with investment growing by 4% in 2011. "The …

Implementation should be at core of Zuma's address

52 views
… confidence and the role of business in order to strengthen economic recovery and promote growth. It also hoped that the address … of job creation, poverty reduction, education, economic transformation, infrastructural development and …

World Bank, IMF call for inclusive growth, poverty reduction

62 views
… inclusive growth and poverty reduction amid fragile global recovery. "The global economic outlook remains challenging," the two … meeting this weekend. "Policy adjustments and improved economic activity have reduced the threat of a sharp global …

SA's current account deficit widens to 3.1%

105 views
… positive profit announcements by domestic companies as the economic recovery proceeded," said the report. … SA's current account …