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Lower than projected revenue expected
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… 2014/15 a moderation in spending growth, combined with a recovery in tax revenue will reduce the deficit enough to … allow government to rebuild fiscal space to address future economic downturns and provide resources for development in a … current year and the forecast for 2012/13 reflect weaker economic conditions. However, he said, as the business cycle …Govt to boost infrastructure, industrialisation
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… Cape Town - Amid concerns over a sluggish global economic recovery and the unresolved European debt crisis, the … of the share of spending allocated to social and economic priorities, such as infrastructure and social …Tax collection to fall short by R13bn
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… 2014/15 a moderation in spending growth, combined with a recovery in tax revenue will reduce the deficit enough to … allow government to rebuild fiscal space to address future economic downturns and provide resources for development in a … current year and the forecast for 2012/13 reflect weaker economic conditions. However, he said, as the business cycle …BUSA predicts 3% GDP growth in 2012
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… Africa's economy to grow by 3% in 2012. Presenting BUSA's economic and business outlook for the country in 2012, BUSA … growth, it was insufficient to meet South Africa's socio-economic challenges, especially given the downside risk. "At … in February, given the vulnerability of the economic recovery and the uncertain global situation which would …Reserve Bank sounds warning on inflation
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… bank left the repo rate unchanged at 5.5%, seeing that the economic recovery remained hesitant with a deteriorating inflation … by global developments and domestic constraints to the recovery. "The domestic recovery remains hesitant and …Positive COP 17 outcome crucial for Africa: Zuma
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… development priorities, cooperation to secure global economic recovery, improving gender equality, and promoting the voice …BRICS leaders meet on the sidelines of G20
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… the G20 conference should focus on coordinating macro-economic policies, reinforcing the international community's confidence in the global economic recovery and demonstrating the group's spirit of cooperative …President Zuma 'satisfied' with G20 meeting
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… made at this year's G20 meeting. He said international economic cooperation to support stability and growth was … lender said would be used to lower future threats of economic recession around the world. The G20 leaders' meeting … the Los Cabos Growth and Jobs Action." It said the global recovery had continued to face a number of challenges …SA congratulates Somalia on its new Cabinet
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… for a state embarking on nation building, reconciliation, economic recovery and capacitating of various government institutions, … community, that Somalia is indeed on the road to recovery. "The Cabinet will also play a critical role in …Egyptians mark 1st anniversary of revolution
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… are common after the fall of Mubarak, which disturb economic recovery and deal a heavy blow to the tourism sector. Egypt needs its citizens to work productively in different economic, service and social sectors so that they can harvest …Make the country a success, urges Zuma
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… system the country has been able to tackle its socio-economic development challenges. "It has been a short but … has been to ensure that more of our people benefit from economic growth whilst maintaining and indeed building on the … setback with the past 18 months having seen a substantial recovery with investment growing by 4% in 2011. "The …SA economic outlook 'modest': Reserve Bank
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… Pretoria - South Africa's economic outlook remains modest, says the Reserve Bank in its Monetary Policy Review (MPR). "The economic outlook for South Africa remains modest with a gradual recovery in domestic demand and supply expected, barring … SA economic outlook 'modest': Reserve Bank …SA, Africa have role to play in global economic growth
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… on Friday, the minister highlighted the need for economic integration on the continent. Promoting regional economic integration was an important element of South … like one third of world trade," he said. The hope of recovery from the economic crisis still resided in the …EU Commission, Greece confident of economic future
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… and restore growth. "We will do whatever necessary for economic recovery," the Greek Premier said, expressing optimism for … EU Commission, Greece confident of economic future …SADC Organ on Politics meets to map future
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… political stability able to reap the potential social and economic dividend that will flow from inter-regional trade and effective regional economic integration." Turning to political matters, … stood united in helping to put Madagascar on the road to recovery and to overcome the challenges they confront. Last …SA, Zim discuss facilitation of a credit line
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… 30 March 2009, to provide support to Zimbabwe's Short Term Economic Recovery Programme (STERP)," they said in the joint release. … they noted that Zimbabwe continued to face significant economic constraints, including cash flow challenges arising …SA satisfied with Zim progress
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… said South Africa remained critical to Zimbabwe's economic recovery and political progress. "For Zimbabwe, SA is by far … the two countries signed several agreements sealing their economic ties. These ranged from agriculture, …SA water infrastructure needs investment
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… Molewa said the strategy addresses concerns that the socio-economic growth of South Africa could be restricted if water … measure the actual cost of water delivery, ensuring cost recovery with actual protection to the poor..." says the …Steady growth in SA trade with Brics members
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… with Brazil R18 billion and with Russia R3.8 billion. The recovery in bilateral trade between South Africa and its … 2010, after declining in 2008 and 2009 during the global economic crisis. Among Brics members, South African exports …SA's sound institutional framework will steady country - Gordhan
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… country would stand firm despite slower growth and gloomy economic conditions both domestically and overseas. He also … was in 1994. "Yet we still have to work harder to achieve economic wellbeing for all. This is a long-term project. … anticipated budget deficits have been the result of a weak recovery in tax revenue, rather than uncontrolled increases …