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Mpumalanga officials urged to make the most of budget

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… challenges ahead,” said Masuku. The MEC said the global economic growth challenge, the Eurozone in particular, had a … causes so much strain on the public purse and socio-economic development of society.” Masuku said South Africa … lower than the earlier projections of 3.1%. “We expect a recovery to a GDP growth rate of more than 4% for our …

G20 to map out road to recovery for the world's economy

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… this week, to map a way forward to respond to the global economic crisis while ensuring they can keep their promises … 50 million people will fall into poverty due to the world economic crisis. South African President Kgalema Motlanthe … the IMF said global growth is forecast to stage a modest recovery next year, the projection is conditionally subject …

Govt welcomes Nersa decision

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… for Eskom's investment programme. "Once the global economic recovery begins, demand for electricity will once again pick … delayed or curtailed, thereby ensuring that South Africa's economic growth will not be subject to electricity supply …

SA weathering recession quite well - Fitch

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… nevertheless, be more vulnerable to adverse business or economic conditions than is the case for higher ratings. … face of the sudden and fast deterioration of the global economic environment in the second half of last year. "South … than most "BBB" country banking sectors to support the recovery, said Fitch. Some of the imbalances in the economy …

Govt welcomes Nersa's decision

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… for Eskom's investment programme. "Once the global economic recovery begins, demand for electricity will once again pick … delayed or curtailed, thereby ensuring that South Africa's economic growth will not be subject to electricity supply …

Vehicle sales continue downward spiral

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… decline reflected the impact of the global financial and economic crisis on the South African automotive industry. … "Improvement in vehicle exports would depend on a recovery in global economic conditions and a return of confidence in …

Notes following the Briefing of Department International Relations and Cooperation's Director- General, Ayanda Ntsaluba

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… continue to engage international community to support the economic recovery of Zimbabwe. Economic situation has improved dramatically. In his mid-year …

Media statement on the G20 Finance Ministers' and central bank governors' meeting held in London

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… The meeting noted that there are tentative signs of recovery in the global economy, albeit uneven across … remains cautious and it is too early to conclude that the recovery has gained traction. In light of this, the G20 … that these will take, depends on the sustainability of the economic recovery. The precise nature and timing of the exit …

KZN to host job, economic recovery summit

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… Durban - The KwaZulu-Natal Department of Economic Development and Tourism will host a provincial Job and Economic Recovery Summit to devise a plan to prevent the province from … KZN to host job, economic recovery summit …

Car sales continue on a downward trend

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… "Improvement in vehicle exports would depend on a recovery in global economic conditions and a return of confidence in … that though there were tentative signs that the slump in economic activity was bottoming out, there was still concerns …

Business Confidence up slightly in July

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… environment which show vulnerability to the prevailing economic conditions," said SACCI. The Chamber also highlighted that despite the current economic dispensation, disruptions to business caused by … deflation which would provide the basis for an economic recovery. "Until there are indications that the depth of the …

MEC urges unions to work with management

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… Durban - KwaZulu-Natal MEC for Economic Development and Tourism Mike Mabuyakhulu has urged … unions to work closely with management during the global economic downturn. "Government is aware that labour faces the … delegates on Thursday during the KwaZulu-Natal Economic Recovery and Jobs Summit in Durban. The theme for the summit …

Reaction to Zuma's economic plan

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… and analysts have reacted to President Jacob Zuma's economic recovery plan, announced this week.  President Zuma has … to assist companies who have been affected by the global economic crisis saying these will include an introduction of … Reaction to Zuma's economic plan …

G20 underway in London

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… to find a global solution to the current financial and economic crisis. British Prime Minister Gordon Brown, who is … the summit would produce a consensus on a global plan for economic recovery and reform. "We are within a few hours, I think, of …

G20 leaders agree to fight protectionism

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… the summit will produce consensus on a global plan for economic recovery and reform. European Commission President Jose … belief on Thursday that a consensus will be reached on the economic stimulus and regulation. "There is a real …

Greater cooperation needed to restore global growth

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… leaders had demonstrated political will to end the global economic crisis, however, what was needed now was … the foundation for a sustainable, balanced and inclusive recovery into the future," Minister Manuel told reporters in … economies have pledged $1.1 trillion to restore credit, economic growth and jobs in the world economy. "Together with …

Zim must show signs of commitment to economic recovery

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… to signal to the international community its commitment to economic recovery. "We expect them to send stronger messages of … including agriculture and health with Zimbabwe to speed up economic recovery in that country. He said Business Unity … Zim must show signs of commitment to economic recovery

Continued sanctions against Zim will hamper progress

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… weakens its ability to establish that country on a path of economic recovery and political stability." Zimbabwe had made enough … nations are reluctant to release aid without political and economic reform. Zimbabwean President Robert Mugabe blames …

Trade conditions improve, says SACCI

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… - Trade conditions in South Africa are set on a path of recovery, according to a survey by the South African Chamber … 46 of October 2008," said the survey. It said the steady recovery in the index from a low of 32 in April 2009 appears … smooth path but a path that is reflective of an arduous economic recovery."- …

August manufacturing stats falls by 13.7 percent

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… she had been pleasantly surprised. "This shows that the recovery is broad-based among the sectors with eight of the … data placed the sectors on a positive footing to restore economic growth in the third quarter. Meanwhile, StatsSA said …