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Surge in international arrivals a major boost for SA tourism

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… 2024, while growth from other regions signals steady recovery. Although the sector has yet to fully recover to … underscores the resilience of the sector, despite global economic pressures. "It is encouraging to see that despite economic uncertainties in various parts of the world, the …

SA’s economy on recovery trajectory

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… South Africa’s economic growth prospects are poised to recover in 2025 following a lacklustre economic performance for the past two years. According to an … supported by rising purchasing power, employment recovery and wealth gains. “South Africa is committed to …

Government condemns torching of PUTCO buses 

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… and Deputy Minister have thus characterised the act as economic sabotage given the critical role that the bus … system. “The Minister and Deputy Minister wish a speedy recovery to the two employees who were injured in the course …

Africa showcases tourism offering

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… 2025 also capitalises on the tourism sector’s remarkable recovery momentum and its potential to propel economic growth across the continent. The media launch will …

Minister Meth stresses collaboration with Labour Federations for fair policies, effective enforcement

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… ensuring effective enforcement. Speaking at the National Economic Development and Labour Council (NEDLAC) Annual … in advocating for worker’ rights and ensuring that the economic gains of our country are shared amongst all its … Development Plan (NDP), the Economic Reconstruction and Recovery Plan (ERRP), and the Medium-Term Development Plan …

South Africa is undergoing 'fundamental transformation' - President Ramaphosa

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… transformation” - as it seeks to accelerate inclusive economic growth. President Ramaphosa was speaking at the South Africa Night World Economic Forum (WEF), held at the Garden Hall in Davos … “These reforms have underpinned the country’s economic recovery in the wake of more than a decade of stagnant …

South Africa takes its message of partnership and progress to Davos

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… will this week attend the annual meeting of the World Economic Forum in Davos where they will be outlining South … as a result of efforts to support Transnet’s operational recovery. “An important area of structured cooperation is the … may differ, we are aligned on the need to drive inclusive economic growth and job creation,” the President said.  …

DTIC notes ArcelorMittal South Africa’s decision

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… The steel industry is critical in the reconstruction and recovery plan for the South African economy, particularly the … “This comes after sustained challenges, including weak economic growth, high logistics and energy costs, and an … positively to aggregate demand, job creation and economic growth in South Africa,” it said. “AMSA will now …

Eskom synchronises Koeberg’s Unit 2 to the grid

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… a significant milestone in the Generation Operational Recovery Plan and South Africa’s pursuit of a dependable, … Koeberg exemplifies how nuclear power can align economic and environmental priorities to create a sustainable …

Deputy President wishes nation a safe festive season

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… who are in hospitals, we extend our best wishes and speedy recovery. We should remember those who are the less fortunate … said. Deputy President Mashatile acknowledged the current economic challenges facing the country. “Our economic challenges remain a constant feature in our struggle …

Law enforcement bolstered with 123 traffic officers

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… and large businesses alike, and holding back a sustainable economic recovery.  “It is due to these human and economic costs that we are forced to act with persistence and …

South Africa’s progress in 2024 sets the stage for hope in the New Year

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… economy to grow and to create jobs,” the President said.  Economic growth and energy stability Efforts to grow the … future,” the President said. President Ramaphosa said the recovery of commuter and freight rail services also marked a … experienced operational improvements, further boosting economic activity. “We are making progress in the recovery of …

Over 250 days without load shedding

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… of nearly R17 billion. “The investment in the Generation Recovery Plan continues to yield consistent results, with … commitment to providing a reliable energy supply, enabling economic growth, and promoting long-term sustainability,” …

NPA reaches resolution with McKinsey South Africa

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… to prosecuting criminals but also to contributing to the economic recovery of the country through restitution. Corporate …

Tshwane signs payment agreement with Eskom to settle R6.6bn debt

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… in maintaining the sustainability of Eskom to drive the economic growth of South Africa and reduce our burden on the … is a significant milestone in our journey to financial recovery and stability,” Moya said. According to the Mayor, …

BMA outlines plans to secure SA’s ports of entry this festive season

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… agency anticipates facilitating over six million people, a recovery to pre-COVID-19 pandemic levels. “Our focus will be … border management platform to protect national security, economic growth, and regional economic integration.  “During the return leg in January …

S&P upgrades Eskom’s credit ratings from stable to positive

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… to delivering on its mandate to power South Africa’s economic future while creating value for all stakeholders. … “Eskom will continue to focus on implementing generation recovery, strengthening governance, and tackling crime and …

Construction mafia disrupts projects worth R63bn

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… infrastructure development as a cornerstone of our economic recovery. The 2024 Medium-Term Budget Policy Statement … in procurement, infrastructure investment, and structural economic transformation are concrete commitments to changing …

SA’s participation in the G20 reaffirms country’s values, says analyst

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… emerging market economies that are dedicated to promoting economic cooperation, environmental sustainability, social … Africa, along with a R5 billion loan to support Transnet’s recovery program. However, the Professor explained that the …

Mashatile to address Knysna Regional 2024 Investment Conference

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… and beverage sectors.  The gathering will zoom into the Economic Development and Opportunities for Small, Medium and … the Presidency said is a critical force in addressing economic challenges such as poverty and unemployment.  The … of structural reforms and support for economic recovery. Through this initiative, the Presidency stated that …