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Grim outlook in resolution of Eurozone problems

1165
… 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 …

SA, Germany commit to strengthen partnership

453
… 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 …

SARS announces increased tax collection

697
… 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

332
… 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 …

SA allocates R268m in aid to 19 countries

679
… 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 …

CPI rises to 4.1% in March

780
… would do little to contain inflation and risks curbing the economic recovery. As a result, the Reserve Bank is only forecast to …

Brics trade ministers to bolster business ties

292
… 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 …

CPI rises to 5% in June

469
… as an early interest rate increase would risk curbing the economic recovery," said Nedbank. …

No growth in May retail trade sales

475
… with the latest weak production statistics, confirms that economic recovery is still hesitant. Despite rising inflation, we …

Reserve Bank keeps repo rate unchanged

427
… further mainly due to external cost-push factors. The economic recovery domestically she said had been sustained though at … said the international outlook remains uncertain with the economic recovery becoming hesitant in the wake of Japan's …

BUSA supports Reserve Bank's decision

405
… This is a realistic reading of external and internal economic factors. The domestic economic recovery is still modest and the global economic outlook …

Policy alone cannot solve economic crisis

320
… Pretoria - Monetary policy alone cannot solve the global economic crisis, Reserve Bank Governor Gill Marcus said on … soft patch but now it is recognized is that the US economic recovery is weaker than anticipated, with fears of a possible … Policy alone cannot solve economic crisis …

African leaders to pledge for Somalia

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… of all political institutions. "This will allow for macro-economic recovery and the restoration of normality in Libyan society," …

IMF report fair, says govt

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… in the IMF report, the report is a fair assessment of the economic conditions in South Africa and will be considered … which is 3.7%. According to the report, South Africa's economic recovery is uneven, with downside risks mainly being …

Consensus needed around policy changes

732
… the country to find ways to achieve consensus around economic policy changes to help it weather negative global … defining current and future responses to the latest global economic crisis," said Raymond Parsons, Deputy CEO of Busa. … the approach needed to sustain the present economic recovery from 2008's recession.  Unemployment, he said, was …

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

282
… 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 …

Rates remain unchanged at 5.5%

421
… potential impact of the current global turmoil on domestic economic prospects and stands ready to act appropriately … second and third quarters of 2013. The MPC said domestic economic recovery was fragile and uneven with growth performance in …

UN recognises Libya's NTC

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… the rule of law, uphold key human rights and promote both economic recovery and public security. More than 50 heads of State or … human rights, security, gender issues and economic recovery. The participants urged the NTC to move …

Libya's NTC to create interim government

341
… the NTC in its efforts to promote rapid and sustainable economic recovery as the country slowly emerges from a violent civil …

Medium Term Budget Policy Statement

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… and improves the quality of life of our people. Our economic transformation requires much more. It requires an … thought we would see a sustained improvement in the global recovery and in our economy. That was not to be. The eurozone … with the resources at our disposal, to strengthen our economic performance and improve public service delivery. In …