Skip to main content
Search SAnews

Search Results

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

518 views
… 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

457 views
… of South Africa’s economy is a key pillar of the Economic Reconstruction and Recovery Programme. He said that government has developed … and governance reforms to support a sustained recovery in business and investor confidence,” he said. Job … New automotive plant an economic boost for KZN …

President Ramaphosa to hold talks with US President

445 views
… 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

316 views
… 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

371 views
… 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

686 views
… 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

432 views
… 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

398 views
… 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

386 views
… 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%

1470 views
… 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

916 views
… 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 …

Cabinet Lekgotla assesses progress on government programmes

834 views
… infrastructure projects, as it is central to the country’s Economic Reconstruction and Recovery Plan. The plan aims to build a new economy and … employment programme; infrastructure development; macro-economic interventions; green economy; food security, and …

Job statistics cause for "cautious optimism" - President Ramaphosa

531 views
… quarter of 2021 – are cause for cautious optimism in the recovery of the economy. The President was addressing the … added that employment gains show that government’s Economic Reconstruction and Recovery Plan – which focuses on mass public employment, economic reform and infrastructure development – is making …

Multi-million chemical manufacturing plant to boost KZN economy

1000 views
… and blending plant at the Dube Trade Port Special Economic Zone (SEZ) in La Mercy, Durban. Dube-Ncube, who was joined by Economic Development, Tourism and Environmental Affairs MEC, … that as the province embarks on the journey of economic recovery, chief among the key priorities is creating a …

Completion of Musina Ring Road to facilitate economic activity

569 views
… systems in South Africa and are the main arteries to economic participation in the country as well as the … said the road will be instrumental in facilitating greater economic activity between South Africa and neighbouring … line with our commitment to economic reconstruction and recovery, the project has provided opportunities for local …

SA reaffirms commitment to inclusive, sustainable future through education

419 views
… do not return to pre-COVID times which is in line with our Economic Reconstruction and Recovery Plan to move forward to new heights and a new period … and holds a strategic role in securing future global economic growth and prosperity. Nzimande expressed his …

KZN, US strengthen diplomatic relations

945 views
… trade, investment and cooperation in various social and economic development areas. The talks centred around … government is on course with the implementation of the economic reconstruction and recovery plan, which will ensure that “we retain and attract …

Jeppestown Social Housing project provides safe, quality inner city homes

646 views
… investment in action and speaks to the aims of the ERRP [Economic Reconstruction and Recovery Plan] through economic transformation, job creation, skills development, …

De Lille visits the Prieska Power Reserve Green Hydrogen Project

1210 views
… only to the development of the industry, but also to the economic recovery and growth of the country. The expansion of the … awaiting gazetting. The project  aims to be a socio-economic contributor through the creation of jobs – current …

OECD report calls for caution

426 views
… education. This warning was fired by the Organisation for Economic Co-operation and Development (OECD) while presenting the country’s 2022 economic survey. The 2022 OECD Economic Survey provides … the Russia Ukraine conflict also pose a risk to the recovery of our economy. Consumption and exports are driving …