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Tourism remains a key driver of the economy 

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… programmes, gives expression to its mandate for inclusive economic growth and to grow the tourism sector. “It is in … diversification to become one of the fastest growing economic sectors. Programmes by the department include the … Nation’s Sustainable Development Goals. Tourism Sector Recovery Plan Tourism Month encourages South Africans to …

Tugboats to improve services at Transnet’s Port of East London 

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… operations. The programme is a key element of the Transnet Recovery Plan which is critical in driving shipping … positioning the ports as competitive and a catalyst for economic growth.  The tugboats are designed to provide marine … efficiency and reliability is a catalyst for improved economic competitiveness.  “Ports are the lifeblood of trade, …

Cabinet commends Eskom's performance

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… Thursday that stable electricity supply is imperative for economic growth in the country. “Cabinet commends Eskom, its … to add more electrons to the grid through its generation recovery plan. “A reliable energy supply is vital for growing …

Government welcomes positive GDP growth

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… Government has welcomed the country's positive economic growth, as reflected in the latest Gross Domestic … spokesperson, Nomonde Mnukwa, said the second quarter's economic growth was a clear indication that South Africa’s economy is on a solid path to recovery.  “The positive trajectory also speaks to the …

China to assist SA in alleviating poverty 

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… future with balanced trade, and accelerated transformative economic growth,” the statement said.  Improving lives China … its firm support of national unity and the path of economic and social development that South Africa has chosen. … and Road Initiative and the Economic Reconstruction and Recovery Plan and to continue implementing the 10 Years …

Transnet, NDB sign agreement to improve SA freight logistics

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… for Transnet, as we accelerate implementation of the Recovery Plan and economic reforms.  “The modernisation programme will enhance … NDB’s commitment to supporting sustainable development and economic growth in South Africa. By modernising the freight …

Government working 'urgently' to resolve logistics challenges

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… investment in our ports and rail system. This will unlock economic growth and create jobs.” The President said an “an … on the logistics sector as part of our broader agenda for economic reform. For many years, our rail system and ports … implementation of structural reforms and support economic recovery.  It aims to modernise and transform network …

President Ramaphosa assents law advancing water security for South Africa

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… the implementation of structural reforms and support economic recovery. “The initiative aims to modernise and transform … of existing infrastructure, and to support social and economic development. The South African National Water …

Let's harness improved confidence to drive inclusive growth - President

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… the structural reforms necessary for fostering inclusive economic growth and creating jobs. The President said this in … the structural reform process that will boost inclusive economic growth and jobs. “There is indeed an air of optimism … problems on the freight rail lines and ports. Transnet’s recovery plan is showing progress, with the private sector …

Tugboats position KZN as preferred logistics and transport hub

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… Renewal Programme, a key component of Transnet’s broader Recovery Plan aimed at enhancing shipping efficiencies across … to enhancing the Durban Port, are vital to driving economic growth and creating much-needed employment … gateways for cargo exports, bolstering KwaZulu-Natal’s economic competitiveness, and supporting South Africa’s …

Government, private sector partnerships offer hope for jobs

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… between government and business will significantly boost economic growth and pave the way for increased job creation. … expected. Some of the key contributions to this sluggish economic growth are that South Africa is not insulated from … Productivity South Africa’s business turnaround and recovery programme, 71 enterprises were assisted resulting in …

Government, business partnership begins to flourish

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… to work together to resolve the question of inclusive and economic growth. The collaboration has targeted three areas … shedding so far this year), and significant grid capacity recovery (with more than 6 gigawatts of new energy generation … customers and the market demand necessary for sustainable economic growth,” the statement read. READ | Transnet forging …

Second phase of Operation Vulindlela to focus on municipalities

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… the implementation of structural reforms and support economic recovery. “The second new frontier of reform is to address … urban policy that turns our cities into dynamic centres of economic activity. “The high cost of transport shuts out …

Social Department reaffirms its commitment to protecting children from trafficking

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… trafficking victims. “In addition to conflicts, pandemics, economic hardships, and environmental challenges, the … if they were trafficked. Through the Criminal Assets Recovery Account (CARA) fund, the department is procuring a …

World faces era of new economic challenges

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… The world is entering an era of new economic challenges, even as the recent ones have yet to be … Lesetja Kganyago. “The global economy continues on a long recovery path from the pandemic. This path has been a … been cautious in their approach to policy. Deepening geo-economic fragmentation, higher temperatures and other …

Concern over labour inequality

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… capital owners. The decline means that a smaller share of economic income is reaching workers, with most of it being … nor Spain is unaffected by these trends.” In Brazil, the recovery of the economy following the COVID-19 pandemic has … shocks like the COVID-19 pandemic, which severely impacted economic growth, job stability, and both productivity and …

National Small Enterprise Amendment Act touted as gamechanger

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… placing MSMEs at the centre of the reconstruction and recovery of the economy. The new Small Enterprise Development Finance Agency (SEDFA) will drive economic transformation and inclusive growth in the economy …

Transnet granted R18.85 billion loan

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… billion ($1 billion) corporate loan to Transnet for its recovery and growth plans. Transnet has faced operational … by Transnet and the African Development Bank said. Recovery Plan In October 2023, Transnet launched its recovery … national logistics capabilities and driving sustainable economic growth,” African Development Bank’s Vice President …

Government committed to creating jobs

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… business and labour that developed and implemented the Economic Reconstruction and Recovery Plan that enabled us to get the current employment … the finance industry has seen the most significant recovery, with 680 000 more jobs compared to the second …

Seventh administration prioritises inclusive economic growth

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… overriding priority is to achieve more rapid and inclusive economic growth so that it can create jobs, reduce poverty, … the sixth administration in implementing reforms to enable economic growth, with a focus on modernising network … implementation of structural reforms and support economic recovery. “This progress provides a solid platform on which …