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Media statement on the G20 Finance Ministers' and central bank governors' meeting held in London
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… The meeting noted that there are tentative signs of recovery in the global economy, albeit uneven across … remains cautious and it is too early to conclude that the recovery has gained traction. In light of this, the G20 … that these will take, depends on the sustainability of the economic recovery. The precise nature and timing of the exit …KZN to host job, economic recovery summit
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… Durban - The KwaZulu-Natal Department of Economic Development and Tourism will host a provincial Job and Economic Recovery Summit to devise a plan to prevent the province from … KZN to host job, economic recovery summit …Car sales continue on a downward trend
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… "Improvement in vehicle exports would depend on a recovery in global economic conditions and a return of confidence in … that though there were tentative signs that the slump in economic activity was bottoming out, there was still concerns …Business Confidence up slightly in July
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… environment which show vulnerability to the prevailing economic conditions," said SACCI. The Chamber also highlighted that despite the current economic dispensation, disruptions to business caused by … deflation which would provide the basis for an economic recovery. "Until there are indications that the depth of the …MEC urges unions to work with management
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… Durban - KwaZulu-Natal MEC for Economic Development and Tourism Mike Mabuyakhulu has urged … unions to work closely with management during the global economic downturn. "Government is aware that labour faces the … delegates on Thursday during the KwaZulu-Natal Economic Recovery and Jobs Summit in Durban. The theme for the summit …Reaction to Zuma's economic plan
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… and analysts have reacted to President Jacob Zuma's economic recovery plan, announced this week. President Zuma has … to assist companies who have been affected by the global economic crisis saying these will include an introduction of … Reaction to Zuma's economic plan …G20 underway in London
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… to find a global solution to the current financial and economic crisis. British Prime Minister Gordon Brown, who is … the summit would produce a consensus on a global plan for economic recovery and reform. "We are within a few hours, I think, of …G20 leaders agree to fight protectionism
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… the summit will produce consensus on a global plan for economic recovery and reform. European Commission President Jose … belief on Thursday that a consensus will be reached on the economic stimulus and regulation. "There is a real …Zim must show signs of commitment to economic recovery
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… to signal to the international community its commitment to economic recovery. "We expect them to send stronger messages of … including agriculture and health with Zimbabwe to speed up economic recovery in that country. He said Business Unity … Zim must show signs of commitment to economic recovery …Continued sanctions against Zim will hamper progress
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… weakens its ability to establish that country on a path of economic recovery and political stability." Zimbabwe had made enough … nations are reluctant to release aid without political and economic reform. Zimbabwean President Robert Mugabe blames …Trade conditions improve, says SACCI
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… - Trade conditions in South Africa are set on a path of recovery, according to a survey by the South African Chamber … 46 of October 2008," said the survey. It said the steady recovery in the index from a low of 32 in April 2009 appears … smooth path but a path that is reflective of an arduous economic recovery."- …SA's deficit narrows
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… boosted in the last quarter of 2010 due to the sustained economic recovery in emerging market economies and in advanced …Foreign direct investment in SA lower in 2010
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… continued to reflect some uncertainty regarding the global economic recovery and the long term outlook for the domestic economy. …GDP expected to continue weaker trend
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… released on Tuesday, to come in weaker, despite the global economic recovery. "Although it could be seen that there is some form … foresaw a -2.9 percent contraction. Economist Bureau for Economic Research (BER) Hugo Pienaar said they were …Land Bank out of "ICU" - Gordhan
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… and these reports have been submitted to the Serious Economic Offences Unit of the South African Police Service … and will be a viable conduit to promote effective economic development in rural areas." Commenting on South Africa's response to the global economic recovery, he said this would happen at a slower pace than in …Social grants are only a temporary measure
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… situation," the President told delegates at the National Economic Development and Labour Council (Nedlac) annual summit. This year's summit was themed "The world economic crisis and its impact on growth and development". In anticipation of an economic recovery, Zuma said, the government will have to play a …CPI remains unchanged at 3.7%
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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 …Rates remain unchanged at 5.5%
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… The prognosis for domestic growth has improved with the recovery expected to be sustained. The Bank said household … decision was in line with our expectations. The general economic recovery is still largely hesitant and inflation remains …Repo rate remains at 7%
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… governor added that though globally there were signs of economic recovery from the meltdown, South Africa's recovery would be … told BuaNews. However, Deputy Director in the Bureau for Economic Research, George Kershoff, predicted that another …Debt levels could make SA vulnerable
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… - The country’s levels of debt make it vulnerable to economic shocks although in the past the country has been … response to the recession in 2009. The slow economic recovery and substantial deficits have eroded South …