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Anti-Corruption Task Team intact

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… law and impedes government’s efforts to achieve its socio-economic development and service delivery objectives.  “In … for use in courts outside the country as well as asset-recovery.  •   The Southern African Development Community … legislation in the region; and  •   The Organisation for Economic Co-operation and Development (OECD) Convention on …

SA marks Anti-Corruption Day

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… that strikes the hardest at the poor, hinders inclusive economic growth and robs essential services of badly needed … criminalisation, international cooperation and asset recovery have made important inroads but there is much more …

GDP grows by 1.4% in third quarter

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… increases in turnover in most trade divisions. Meanwhile, economic activity in the manufacturing industry reflected … Stats SA said the main contributors to the increase in economic activity in 2013 were finance, real estate and … lengthy strikes or major disruptions to power supply, the recovery is expected to gain moderate momentum in the final …

SA committed to G20’s 2018 target

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… held against the backdrop of a modest and uneven global economic recovery. At a press conference in Pretoria on Tuesday, … how South Africa and other countries that are feeling the economic downscale will navigate to meet the target, Minister …

President Zuma in Australia for G20

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… economy against the backdrop of a disappointing weak recovery will be on the spotlight. The G20 world economies … that the President will attend are on delivering global economic resilience and energy plus the working lunch on …

Pres Zuma to lead SA delegation to G20 Summit

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… economy against the backdrop of a disappointing weak recovery. “The focus of the Summit will be on how the G20, … direct exchange about their current challenges and economic reform priorities, and to share views about how the …

Gauteng e-toll system is lawful: Minister

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… by Premier David Makhura in July to assess the socio-economic impact of e-tolls in Gauteng. The panel is expected … Its mandate, on the tolling side, is to operate on a cost-recovery basis. “We live in a constitutional democracy and … South Africa and its people, enabling improved access to economic opportunities, social spaces and services by …

Unemployment decreases slightly

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… The economists further added that the data confirms that economic activity remains too weak to generate the levels of … growth and inflation. Most recent indicators suggest that economic activity remains weak although there are early signs of recovery in some sectors. At the same time, inflation has …

Government notes downgrade

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… highest investment grade rating for South Africa. Slowing economic growth since 2012 as the country has been affected … demand; a widening current account deficit and delayed recovery in economic growth as a result of anticipated strikes and supply …

Full speech: 2014 Medium Term Budget Policy Statement Speech

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… time. In many countries, growth has slowed and the economic outlook is uncertain. Across the world, tough … steadfast in our resolve to do more, together, with less. Economic outlook Honourable Speaker, when we tabled the 2014 … These will include attention to unfair lending and debt recovery practices. We are working with our Nedlac partners …

Government announces measures to narrow deficit

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… a fiscal framework that links aggregate expenditure and economic growth beyond the medium term. The headcount of … they are an absolute necessity. “We expect the rate of economic growth to improve over the next several years. The … rising exports to the rest of the African continent and a recovery in private investment,” said Minister Nene. Changes …

Structural economic transformation underway

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… Policy Action Plan. This is a new framework for special economic zones that allows for targeted incentives, logistics … These will include attention to unfair lending and debt recovery practices and initiatives to encourage saving. … Structural economic transformation underway …

SA economy forecast to grow by 1.4% in 2014

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… important structural changes were occurring in major economic sectors, which are expected to boost economic growth. He said while the economy will grow … are completed, a stabilisation of electricity supply and a recovery in private investment,” said Minister Nene. MTSF …

UN General Assembly: the issues in brief

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… taking place in the context of the global rebalancing of economic power as a result of a loss of comparative advantage … countries (and made more pronounced by the global economic meltdown). “This makes the negotiations of the … seeking to redefine development to support their economic recovery needs, while developing countries try to ensure that …

EU finance ministers call for more investments to stimulate growth

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… way for the European Union (EU) to accelerate its too slow recovery, finance ministers agreed at the Ecofin meeting held … investments or consolidation," European Commissioner for Economic and Monetary Affairs Jyrki Katainen said. He agreed … which is indeed very small," he said. The fact that economic recovery in Europe is still "very modest," …

Business confidence declines in July

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… world economy for the rest of 2014. An improved European Recovery and affirmation of South Africa’s AGOA [Africa … supported through strike activity,” it said. The secondary economic consequences (including potential adverse impacts on …

Abalone fishing rights exempted

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… with the abalone commercial sector to work out a recovery plan that will benefit coastal communities. This … sector. “Our decision has taken into consideration socio-economic factors that have contributed to hardships …

BRICS countries vow for stronger partnership

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… for more comprehensive cooperation and forge a closer economic partnership. Since its inception, the grouping of … new areas towards a comprehensive cooperation and a closer economic partnership to facilitate market inter-linkages, … strengthening the prospects for a vigorous and sustainable recovery worldwide, the BRICS countries pledged to work with …

Stats SA releases building statistics

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… report was important because building statistics were an economic indicator and a predictor of where the GDP might be … bubble burst during the recession. Tshwane made a speedier recovery in this regard, when compared to other metropolitan …

SA calls for release of Israeli teens

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… of Palestinians and the disturbance of their social and economic rights.” South Africa has urged both the Israeli and Palestinian authorities to cooperate and focus on the recovery of the three teenagers. Monyela said this …