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Government to revise toll tariffs

866 views
… - Government has noted concerns regarding the socio-economic impact of the e-toll tariffs and revised monthly … Freeway financing matter. “Concerns regarding the socio-economic impact of toll tariffs have been heard, and revised … compliance and improve enforcement. However, he said cost recovery from road-users will continue to be the principal …

Mining: Contributing towards South Africa's competitiveness

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… mineral products ahead of export, so as to extract greater economic value and employment from the country's mineral … and upstream beneficiation has not fully reached its full economic potential, mainly due to structural conditions … of America (USA) is on a rebound and Japan’s economic recovery is still on track. According to Deloitte the mining …

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 …