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Trade conditions continue to improve

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… slowed given the uncertainty about the strength of the economic recovery over the medium term. The index on selling prices … of the 2010 FIFA World Cup as well as anticipated stronger economic recovery in the second half of the year, said SACCI. …

T-20 ministers discuss tourism, economy

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… to discuss how best the industry will assist in the global recovery. The meeting, which is dubbed the T-20, under the … globally and in South Africa as a vital contributor to economic growth as well as a key job provider and therefore vital in driving the economic recovery globally. Speaking at the opening of the …

: Welcome address by President Jacob Zuma at the 2010 UNWTO International Tourism, Sport and Mega-Events Summit

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… given that we have just emerged from the worst global economic recession of our generation. Due to the recession, … percent in 2009, to 880 million. The effects of the global economic recession and uncertainty around the swine flu … economies and travel and tourism sectors. The economic recovery has meant that in 2010 we should see an increase of …

New vehicle sales grow in May

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… pent up replacement demand has contributed to the strong recovery of domestic sales. "Positive factors that would … confidence as well as projected further recovery in economic activity levels. On the down side, however, the … and uncertainty about the sustainability of the global economic recovery could impact on volume growth over the …

Job losses in mining sector mitigated

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… MIGDETT effectively managed to mitigate the effects of the economic slowdown after its establishment in December 2008. … the industry manage the negative effects of the global economic crisis and to save jobs as well as to position the … However, following on its success and the slight economic recovery, the task team has decided to shift its focus to …

MPC keeps repo rate unchanged

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… expenditure. "There are continued signs that the domestic economic recovery is underway following the 0.9 percent annualised GDP … rate measured in the third quarter of 2009. However, the recovery is expected to remain relatively subdued and below …

Experts warn of weak economic recovery

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… Pretoria - Economists and industry leaders at the World Economic Forum (WEF) meeting in Davos, Switzerland, have warned of weak recovery and over regulation of financial sectors. According … the world leaders have called for caution in designing economic exit strategies as the global economic recovery is …

BCI increases in March

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… range bound since September 2009." "It appears that most economic activities have progressed beyond their lower turning points but the overall level of economic activity remains low and lacks vigour," it said. Of … economic and market-related data suggest that the economic recovery is consolidating and progressing from recent …

G20 agrees to curb competitive currency devaluation

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… be directed toward domestic price stability and support economic recovery. "We commit to monitor and minimize the negative … policy of one country will affect its trade partners. Then economic competition will be replaced with competition of …

SA's economy can be more effective- Gordhan

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… We must kick goals now and if we do so by scoring economic goals a lot more effectively and by working as a … He added that it is becoming clear that the world's economic recovery will be uneven for some time. "In discussing a …

Zuma in Canada for G20 summit

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… the G20 summit that will look at the state of the world's economic affairs. The two-day summit, which officially starts … for continued support for Africa as it weathers the recent economic downturn. He will also urge business leaders to take … He added that it was clear that the world's economic recovery will be uneven for some time. "In discussing a …

Trade conditions improve in March

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… have picked up in anticipation of World Cup demand and the economic recovery over the medium term," said SACCI. According to … positive outlook still factors in an anticipated stronger economic recovery in the second half of 2010," said SACCI. …

Trade conditions improve in March

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… have picked up in anticipation of World Cup demand and the economic recovery over the medium term," said SACCI. According to … positive outlook still factors in an anticipated stronger economic recovery in the second half of 2010," said SACCI. …

World leaders aim to cut deficits

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… their "highest priority is to safeguard and strengthen recovery and lay the foundation for strong, sustainable and … on Sunday, acknowledged that, after the downturn, the economic recovery varies in pace across the world and a delicate …

Interest rates to remain unchanged- economists

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… is likely to remain stable for some time. "The domestic economic recovery remains fragile. We therefore expect the committee … over the next few meetings," Nedbank said in its weekly economic commentary. Interest rates have been cut by 550 …

Medium Term Budget Policy Statement

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… those who are poor and those who are privileged, want economic growth. But not just any growth. We want economic growth that creates opportunities for meaningful … significantly to global growth. There are signs that this recovery has slowed since mid-year. In the US, the Federal …

Unemployment increases slightly in 3rd quarter

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… and employing, despite four consecutive quarters of economic growth. "The current employment trends suggest that … about the strength and sustainability of the current economic recovery," said Nedbank economist Nicky Weimar. Weimar said …

Positive outlook for August retail sales

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… next meeting in mid November, showing that South Africa's economic recovery remains on a relatively firm footing. "We therefore … have moderated to 7.4 percent," Nedbank said it its weekly economic forecast. Meanwhile, Standard Bank pointed out that …

Business welcomes SARB's interest rate decision

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… rates as is. "BUSA [Business Unity SA] shares the overall economic assessment offered by the Bank today and on a … BUSA also agreed with the Reserve Bank that the current economic recovery is modest and vulnerable, with a growth rate of …

Retail trade sales surprise in December

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… is likely to improve through the course of 2011 as economic recovery continues and interest rates remain low and … remain reluctant to use credit. The still hesitant economic recovery is likely to keep interest rates at current …