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NAM ends with a call for UN reforms

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… on Sunday, member states have called for the reform, recovery and strengthening of the United Nations. The summit … in international trade, which is an engine for inclusive economic growth and poverty reduction, while also … the promotion of sustainable development”. With regards to economic governance, the summit reaffirmed that the reform of …

G20 meeting should focus on global economy recovery

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… should be to increase multilateral cooperation for the recovery of the global economy. This, it said, would bring … long-term sustainable growth and to strengthen global economic governance.  President Jacob Zuma arrived in China’s … is to provide strategic foresight in establishing an economic and international policy platform that will drive …

Gauteng departments get unqualified audit opinions

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… COGTA, Provincial Treasury, Social Development, Economic Development, as well as e-Government have achieved … Company, Gauteng Growth and Development Agency, and Cost Recovery -- achieved clean audits. Other public entities, …

SA pushes ahead with development plan

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… that accelerated implementation is necessary to enhance economic growth,” said the Minister. The Nine-Point Plan, … took place in the context of a continuing sub-optimal economic outlook, as well as the “ever-present” threat to the … fiscal consolidation in the next year and beyond. “Global recovery is still expected to strengthen but to a lesser …

Youth Jobs in Waste launched in Randfontein

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… identified as a key role-player in achieving the goal of economic upliftment through job creation as the country works … and construction of numerous waste sorting, composting and recovery facilities as a means of redirecting waste from … potential has not been realised. “To grow this important economic sector, government has identified an additional 34 …

Repo rate unchanged in July

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… in the year. The Reserve Bank warned that the domestic economic growth outlook remains challenging following the … said Governor Kganyago. There are no clear signs of recovery in the agricultural sector, while food price …

Presidential Labour Working Group meets in Pretoria

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… matters relating to the economy as well as other socio-economic issues. In his opening remarks, President Zuma noted that the current economic situation makes it difficult to create jobs and this … these achievements in a manner that boosts economic recovery and a better life for all our people. If we work …

Gauteng looks to manufacturing for inclusive growth

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… [above] the 16% to 25% and beyond,” he said at the Gauteng Economic Indaba in Johannesburg. During deliberations between … business, but to have a close partnership to promote economic growth and create jobs, especially for young people. … the capacity to coherently lead a sustainable economic recovery that can result in the creation of jobs on a …

Automotive sector investments show SA still has appeal

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… being bombarded by stories dealing with the difficult economic situation. Recently with the petrol price increases, … have in the local economy despite the current difficult economic conditions. South Africa, like the rest of the … places us in a strong position to take advantage of any recovery in the global economy. As government, we have set a …

SA economy forges ahead

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… labour, government says it remains focused on reigniting economic growth, preserving existing jobs and creating more … both domestically and internationally to boost economic growth and job creation. “Despite global economic … This is a signal that South Africa is on a path to recovery and continues to be a viable investment destination, …

Cabinet pleased with strategy to grow economy

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… in concrete initiatives that will improve the country’s economic prospects,” said Acting Minister in The Presidency … the Nine-Point Plan to ensure a turnaround in SA’s economic fortunes. “The increased revenue collection by SARS … need to be strengthened to give impetus to the economic recovery. We also note that the Minister of Finance’s work …

AU welcomes South Sudan’s GNU formation

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… as the undertaking of post-conflict reconstruction and economic recovery in the country, needed to be given top priority. "In … of the war and achieve lasting peace, reconciliation, and economic recovery in their country. South Sudan erupted into …

Eskom commended for progress

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… the growth story around and position our SOCs to drive economic recovery and set the economy on the growth trajectory with … regions of our country.” In the wake of slow and declined economic growth, Transnet continues to drive a …

Ingula unit 3 synchronised onto Eskom grid

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… investments. “Energy has been cited as a constraint to economic growth over the last year but it is clear that South … with this challenge to ensure that we support the economic recovery. “I commend the team at Eskom for progress …

More industrial parks to be built

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… parks to 20 locations. Chairing a media briefing of the Economic Sectors, Employment and Infrastructure Development … and agro-processing, which have been showing signs of recovery in recent months. The announcement forms part of … for township businesses. “This intervention will unlock economic activities and link small township businesses into …

Public Enterprises to study Nersa tariff decision

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… programmes. I appeal to all municipalities to consider the economic conditions of their citizens and businesses when … we can recover these costs within the RCA process. “The recovery of diesel costs is now seriously in question with …

SA's GDP revised downwards

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… Budget Review, National Treasury noted that lower rates of economic growth reduce government revenue, undermining the state’s ability to sustain spending on core social and economic programmes. The review noted that South Africa’s … action to restore confidence in fiscal sustainability, the recovery risks being cut short as deteriorating conditions …

Team South Africa stands tall in Davos

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… by a multi-stakeholder high level delegation at the World Economic Forum’s Davos meeting from 20-23 January 2016. … Coming within the context of projected lowered global economic growth, falling oil and commodity prices, this … Development Plan and the 9-point plan for economic recovery, underscored by Operation Phakisa, remains our …

Team South Africa wraps up programme at WEF

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… concluded a successful programme at the 2016 World Economic Forum in Davos, Switzerland, says the Presidency. … Pravin Gordhan, Trade and Industry Minister Dr Rob Davies, Economic Development Minister Ebrahim Patel, Water and … National Development Plan, the 9-point plan for economic recovery and Operation Phakisa were being implemented with a …

Infrastructure investment key to industrialisation

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… of Statistics South Africa (Stats SA) announcing a slight recovery of the economy after it contracted by 1.3% in the … to our resolve to stop cable theft which is a serious economic crime,” the President said. – SAnews.gov.za …