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SA’s economy to contract by 7.8% this year

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… sharp downturn in the domestic economy follows a decade of economic stagnation, complicating South Africa’s recovery," said National Treasury. It said over the past 10 … business, labour and civil society have developed an economic recovery plan. Recognising that many plans fail to …

Technical team to fast-track implementation of priority reforms

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… to oversee initiatives aimed at ensuring that the economic recovery plan and a number of priority reforms are … budget on Wednesday. “Many of the proposed reforms in the economic recovery plan and their potential benefits have been …

R900 million to combat rail theft, vandalism

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… investment in commuter rail infrastructure as part of the Economic Reconstruction and Recovery Plan, we are taking decisive measures to improve … which he described as one of the worst forms of economic crime in the country. Briefing members of the NCOP, …

Fisheries sustainability top agenda at WTO meeting

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… conclusion, and the contribution of the WTO to global economic recovery post-COVID-19. The negotiations on fisheries … In relation to the contribution of the WTO to global economic recovery, Patel stressed that the prospects of …

1 092 new COVID-19 cases reported in SA, while cases peak globally

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… “Our recoveries now stand at 647 833 which translates to a recovery rate of 90%,” said Health Minister, Dr Zweli Mkhize. … strained already stretched health systems and caused socio-economic pressures,” the agency noted. –  SAnews.gov.za   …

Total allowable catch for west coast rock lobster announced

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… new season, the intention is to assist the sector in their economic recovery,” Creecy said. The 2020/21 TAC is a 22.8% reduction …

AU COVID-19 Response Fund raises USD 44 million

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… in need, and to enable us to weather the health and economic storm in the weeks, months and years ahead,” said … this year, the Fund was set up to mitigate the social, economic and humanitarian impact of the pandemic across the … – you are also making a solid investment in Africa’s recovery and in her future,” said President Ramaphosa. – …

Spotlight on transport, as SA gears up for taxi lekgotla

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… people safely and in a manner that will contribute to economic growth. In his weekly newsletter on Monday, the … in reduced travel times, improved productivity, enhanced economic activity and less energy consumption and air … said the President.  In the Economic Reconstruction and Recovery Plan, delivered in Parliament two weeks ago, the …

Dept looks for opportunities to grow rural tourism

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… engage the youth and women… on what they see as ways to economic recovery,” Mahlalela said. Speaking during a visit at the OR …

AU condemns use of violence against #EndSARS protestors

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… families of those who lost their lives and wish a speedy recovery to the injured,” said President Ramaphosa. The … coordination meeting of the African Union, the Regional Economic Communities and Regional Mechanisms held on … meeting is the principal forum for the AU, Regional Economic Communities (RECs), and Regional Mechanisms (RMs) to …

Cabinet approves domestic ferrochrome industry interventions

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… including quality education, skills and second chances; economic transformation, entrepreneurship and job creation; … development at the heart of its agenda and contributes to economic recovery post COVID-19. If she is successful in the next …

Council approved to oversee economic recovery plan implementation

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… on deck as Cabinet approves the setting up of the National Economic Recovery Council that will ensure the implementation of the Economic Reconstruction and Recovery Plan. “The council will … Council approved to oversee economic recovery plan implementation …

President calls on leaders to look past political divide, unite behind economic recovery

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… Cyril Ramaphosa says the implementation of South Africa’s Economic Reconstruction and Recovery Plan has begun in earnest and the focus should now shift to implementation. Responding to a debate on the Economic Reconstruction and Recovery Plan on Wednesday, the …

President to respond to economic recovery plan debate

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… a hybrid Joint Sitting of Parliament on the South African Economic Reconstruction and Recovery Plan. The President presented the plan to a Joint … in the National Development Plan, the objectives of the economic reconstruction and recovery plan are to: - Create …

Job creation is key to SA’s economic recovery

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… weekly newsletter, which follows on the Reconstruction and Recovery Plan he delivered during a joint sitting of … additional to existing commitments. We have to achieve an economic recovery that is swift and inclusive,” he said. In … Direct public investment to support employment and create economic opportunities that generate social value does more …

SACCI welcomes Economic Recovery Plan

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… Chamber of Commerce and Industry (SACCI) has welcomed the Economic Reconstruction and Recovery Plan announced by President Ramaphosa on Thursday. … with government at various levels, particularly the economic cluster. Mukoki, however, warned that these plans … SACCI welcomes Economic Recovery Plan …

SA recovery plan to improve economic growth

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… South Africa’s new Reconstruction and Recovery Plan should help unlock greater job creation and faster economic growth. “The plan contains many practical … environment and unlock greater job creation and faster economic growth. Much now depends on how quickly the specific …

Business, labour respond to President’s economic recovery plan

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… Union (NEHAWU) has welcomed President Cyril Ramaphosa’s Economic Reconstruction and Recovery Plan for the emphasis it places on job creation.  In … secretariat also said it supported the objectives of the Economic Reconstruction and Recovery Plan, such as:  ·      …

Calls for South Africans to buy local to reignite growth

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… The President said this when he released the country’s recovery plan during a joint sitting of Parliament on … a new economy,” said President Ramaphosa.  Inclusive economic policies to empower women-owned enterprises, curb … to change ownership and production patterns.  He said economic growth cannot be realised without the inclusion and …

Government to publish expanded list of nations allowed to travel to SA

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… The President said this when he tabled South Africa’s Economic Reconstruction and Recovery Plan to a joint sitting of the two Houses of … of branch lines.  “We will establish a single economic regulator in transport, as a matter of urgency, to …