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Increasing global trade critical to stimulate recovery

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… increase global trade is still critical to stimulating the recovery of the global economy, Trade and Industry Minister … super-body headed by the chiefs of OECD [Organisation for Economic Cooperation and Development] countries and the WTO … challenges and opportunities arising from emerging global economic governance structures, and contribute to developing …

Grim outlook in resolution of Eurozone problems

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… was a mixed picture that was unfolding with small sight of recovery in the US, the world's biggest economy. Although … while also solving the youth unemployment debate." Economic Development Minister Ebrahim Patel said the launch of the council came at a time when the global economic recovery remained fragile. "We face deep …

IMF urges Eurozone to contain crisis

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… take more steps to check the debt crisis, as the global recovery continued to be threatened by strains in the region … to the crisis," the IMF said in a working paper on global economic prospects and policy changes prepared for last … actions, including cutting the interest rate to bolster recovery. "The ECB's monetary policy should be highly …

SA, Germany commit to strengthen partnership

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… the economy, both acknowledged that there existed signs of economic recovery in their respective countries following the deterioration in the global economic situation during 2009. However, they stressed the …

Sedibeng celebrates 16th anniversary of signing Constitution

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… Bill of Rights that also constitutionally entrenches socio-economic rights. The Bill of Rights is in many ways the most … wished former state president, Nelson Mandela, a speedy recovery and said it was thanks to him that the country can …

SARS announces increased tax collection

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… managed to collect in the 2008/09 period. "This slow recovery of CIT in the main accounted for the current tax to … sectors showed robust growth on the back of a modest economic recovery," read documents from SARS. Gordhan said … 20 000 jobs created each quarter. He said given the tough economic climate, SARS had done very well. He was of the view …

SA, India, Brazil to create Working Group on Decent Work

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… and India to co-operate in promoting a job-intensive economic recovery and create a framework for sustainable growth. "This … exchange of experiences and be used as an engine of economic growth as well as a co-ordinated response to global …

Business confidence improves in June

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… majority of the sub-indices in both the financial and real economic divisions of the BCI were positive in June. "The … mood than a year ago, while there were signs that the real economic environment may have consolidated." Although the improvement in business confidence is important, the recovery of the BCI in June may still be tested given the …

SA allocates R268m in aid to 19 countries

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… R100 million went to Cuba to help support the country's economic recovery following the 2008 hurricanes, she said. South … to Zimbabwe to contribute towards supporting the country's economic recovery programme. The remaining funds were …

Waste Tyre Management Plan gazetted

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… Waste Tyre Management Plan (IIWTMP) of the Recycling and Economic Development Initiative of South Africa (REDISA) for … key aspects necessary to meet the transformative social-economic objectives of the country," the department said. The … advocates for avoidance of waste, re-use, recycling and recovery of energy and disposal as the last option. "This …

SA economy still faces tough time: minister

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… South Africa's economy grew by 4.8 percent. "While this recovery is stronger than a year ago in South Africa and in … is not promoted. "This requires Government to provide economic stability and reduce the cost of capital through … skills required to fuel our sustainable and inclusive economic growth." The South African sugar industry generates …

Business confidence contracts in Feb

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… and it is believed that the BCI will continue its path to recovery since the trough in business confidence in the first … that is yet to gather pace, despite the outlook for economic growth being more positive than a year ago. SACCI … business confidence might be severely tested, given economic uncertainty and possible price instability," said …

Zuma invites France business to partner in job creation

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… this dropped to R23 billion in 2009 because of the economic recession.  Zuma said the business sector must … to explore mutual partnership of opportunities for the economic development, poverty alleviation and prosperity of … the G20 until November, in safeguarding the post-recession recovery. He said the G20 has to contribute to building the …

Vehicle sales continue to thrive

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… and in the case of export sales, the sustainability of the recovery in the global economy.  "For 2011, domestic new car … vehicle sales, on the back of anticipated higher economic activity levels, could improve by up to 15 percent. … industry to build on this year," said NAAMSA. The Nedbank economic unit said the strong rise in passenger vehicles in …

CPI rises to 4.1% in March

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… would do little to contain inflation and risks curbing the economic recovery. As a result, the Reserve Bank is only forecast to …

Zuma cautions against trade protectionism, currency devaluation

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… the US, EU nations and Japan to adopt "responsible" macro-economic policies to ensure the stability of both the … the potential to become a powerful platform in promoting economic growth and inclusive development in the world and … Hu Jintao said Asia has been at the forefront of global recovery following the global financial crisis in 2008 and …

Brics trade ministers to bolster business ties

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… Pretoria - Trade ministers at the Brics Economic and Trade Ministers' meeting have agreed to expand … an institutional framework and concrete measures to expand economic cooperation among BRICS and with other developing … agreed that as the world economy continued a momentum of recovery since the 2008 financial meltdown, the foundation …

Brics will not compromise on Doha round - Davies

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… global downturn, how Brics members can enhance trade and economic co-operation and how Brics countries can safeguard … and technology and human resources and keep upgrading our economic co-operation and trade," said Deming. He said the … - including the crisis in the Arab world, Japan's recovery from last month's massive earthquake, a debt crisis …

US markets may avoid major shock: analysts

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… United States is still slogging its way through a sluggish recovery from the worst recession in decades. While Friday's … sanguine. Bernard Baumohl, chief global economist at The Economic Outlook Group, said a formal downgrade could have …

CPI rises to 5% in June

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… as an early interest rate increase would risk curbing the economic recovery," said Nedbank. … CPI rises to 5% in June …