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Taxi strikes hamper economic recovery - SACCI
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… Pretoria - Minibus taxi strikes hamper South Africa's recovery from the global economic meltdown, says the South African Chamber of Commerce … threats of strikes are hampering South Africa's hesitant recovery from the global crisis and casting a shadow over the …Labour-intensive economy to create jobs - Patel
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… Cape Town - The Department of Economic Development has identified several areas of the … and innovation to the challenge of jobs and growth," said Economic Development Minister Ebrahim Patel delivering his … While, South Africa's economy has started to show signs of recovery, Patel conceded that regulatory reforms that …Cabinet talks tough on taxi strikes
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… Industry (SACCI) said taxi strikes hampered South Africa's recovery from the global economic meltdown. …Reserve Bank slashes repo rate
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… very uncertain times," she said, adding that the global recovery has continued in an uneven way with downside risks … the news. "Given the present internal and external economic trends, it is the right move. With interest rates … following data, which pointed towards the domestic recovery losing some momentum, and inflation falling further …SACCI welcomes repo rate cut
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… SMMEs, who are still vulnerable despite the hesitant recovery of the country from the recent global economic downturn. It will also assist consumers who are …Indaba to look into NW's economy
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… national recession period was over, an Integrated Economy Recovery Plan would be developed at the Indaba which would be … whether the province was out of a recession or not. "Our economic growth remains challenged by infrastructure and …: Welcome address by President Jacob Zuma at the 2010 UNWTO International Tourism, Sport and Mega-Events Summit
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… given that we have just emerged from the worst global economic recession of our generation. Due to the recession, … percent in 2009, to 880 million. The effects of the global economic recession and uncertainty around the swine flu … economies and travel and tourism sectors. The economic recovery has meant that in 2010 we should see an increase of …New vehicle sales grow in May
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… pent up replacement demand has contributed to the strong recovery of domestic sales. "Positive factors that would … confidence as well as projected further recovery in economic activity levels. On the down side, however, the … and uncertainty about the sustainability of the global economic recovery could impact on volume growth over the …Eskom reports R3.6 billion profit
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… tough challenges before us, but Eskom is on the path to recovery for the future", said Eskom's acting chairman Mpho … security of electricity supply and achieve the required economic growth for South Africa," he said. According to the …Job losses in mining sector mitigated
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… MIGDETT effectively managed to mitigate the effects of the economic slowdown after its establishment in December 2008. … the industry manage the negative effects of the global economic crisis and to save jobs as well as to position the … However, following on its success and the slight economic recovery, the task team has decided to shift its focus to …MPC keeps repo rate unchanged
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… expenditure. "There are continued signs that the domestic economic recovery is underway following the 0.9 percent annualised GDP … rate measured in the third quarter of 2009. However, the recovery is expected to remain relatively subdued and below …Experts warn of weak economic recovery
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… Pretoria - Economists and industry leaders at the World Economic Forum (WEF) meeting in Davos, Switzerland, have warned of weak recovery and over regulation of financial sectors. According … the world leaders have called for caution in designing economic exit strategies as the global economic recovery is …Zuma wraps up WEF summit
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… five-day stay in Davos where he was attending the World Economic Forum (WEF) Annual Meeting. Leading Team SA, Zuma … resilient economy which was now beginning to show signs of recovery following the global economic crisis. He said growth in the South African economy …Economic recovery is fragile, uneven- Marcus
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… Pretoria - Recovery from the global financial crisis is fragile and uneven says Reserve Bank governor Gill Marcus. "The recovery is taking place, but it is hesitant, fragile and … we use those opportunities that are there to enhance our economic infrastructure and human capital capacity," Marcus …Results show economy is recovering
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… confirmation that the country's economy is on its way to recovery. The South African Revenue Service (SARS) on … overall revenue performance since the start of the economic crisis was favorable compared to developed economies … "International experience has shown that times of economic hardship do not only result in lower tax revenues …Economic recovery is fragile, uneven- Marcus
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… Pretoria - Recovery from the global financial crisis is fragile and uneven says Reserve Bank governor Gill Marcus. "The recovery is taking place, but it is hesitant, fragile and … we use those opportunities that are there to enhance our economic infrastructure and human capital capacity," Marcus …BCI increases in March
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… range bound since September 2009." "It appears that most economic activities have progressed beyond their lower turning points but the overall level of economic activity remains low and lacks vigour," it said. Of … economic and market-related data suggest that the economic recovery is consolidating and progressing from recent …BCI improves to 84.8 in June
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… indications that the global economy may suffer a depressed economic outlook for the medium term," said the Chamber. It … is appropriately harnessed and directed, then longer term economic benefits could be realised. "The thrust must be … in which world economies are headed even with the global recovery appearing to be underway. Sacci is cautious about …G20 agrees to curb competitive currency devaluation
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… be directed toward domestic price stability and support economic recovery. "We commit to monitor and minimize the negative … policy of one country will affect its trade partners. Then economic competition will be replaced with competition of …2013 State of the Nation Address
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… proven to be difficult in the recent past, due the global economic recession. The crisis in the Eurozone affects our … have also committed to improve the movement of goods and economic integration through a Durban-Free State-Gauteng … fighting crime and corruption through the Criminal Asset Recovery Account. Last year, additional funding of R150 …