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Results show economy is recovering

142 views
… 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 …

President Zuma arrives in Parliament for SONA

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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 …

Well done organisers, South Africans -Sacci

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… soil. "This event has provided a positive impetus to economic trends which may not have otherwise have existed. … to overcome the hesitancy it was experiencing in its recovery from the recent global downturn," Sacci said on … impact of the World Cup toward the generation of viable economic and business opportunities which will provide a …

SA's economy can be more effective- Gordhan

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… We must kick goals now and if we do so by scoring economic goals a lot more effectively and by working as a … He added that it is becoming clear that the world's economic recovery will be uneven for some time. "In discussing a …

Zuma in Canada for G20 summit

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… the G20 summit that will look at the state of the world's economic affairs. The two-day summit, which officially starts … for continued support for Africa as it weathers the recent economic downturn. He will also urge business leaders to take … He added that it was clear that the world's economic recovery will be uneven for some time. "In discussing a …

Trade conditions improve in March

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… have picked up in anticipation of World Cup demand and the economic recovery over the medium term," said SACCI. According to … positive outlook still factors in an anticipated stronger economic recovery in the second half of 2010," said SACCI. …

Trade conditions improve in March

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… have picked up in anticipation of World Cup demand and the economic recovery over the medium term," said SACCI. According to … positive outlook still factors in an anticipated stronger economic recovery in the second half of 2010," said SACCI. …

World leaders aim to cut deficits

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… their "highest priority is to safeguard and strengthen recovery and lay the foundation for strong, sustainable and … on Sunday, acknowledged that, after the downturn, the economic recovery varies in pace across the world and a delicate …

April new vehicle sales show increase

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… last year due to the impact of the global financial and economic crisis at the time. "Nevertheless, the growth … remained relatively positive and could gain momentum as economic activity levels improved further. The domestic … an early stage of what probably represented a sustainable recovery and industry sales projections had recently been …

BCI continues upward trend

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… there is growing support for the view that most economic indicators have advanced beyond their lower turning points. The key economic constraint remains low levels of real household … once again made the world aware of the fragility of the recovery and that policy makers must tread cautiously if the …

Interest rates to remain unchanged- economists

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… is likely to remain stable for some time. "The domestic economic recovery remains fragile. We therefore expect the committee … over the next few meetings," Nedbank said in its weekly economic commentary. Interest rates have been cut by 550 …

Address by President Jacob Zuma to Annual General Meeting of BUSA

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… We share the common goal of working to achieve sustainable economic growth and development in our country. Our meetings … and gentlemen, We are recovering from a very harsh global economic recession. It is hard to believe that the deadly … did weaken for a while. Many are firmly on the road to recovery. Why is this? Economists believe, I am told, that …

SA, Mexico hold first bi-national talks

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… word's developing nations are trying to consolidate their recovery strategies following the economic downturn, the two countries are forging new trade …

Reserve Bank keeps rates unchanged

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… band over the forescast period. Additionally domestic economic growth prospects have been revised upwards even if there was only a moderate recovery in household consumption expenditure. Risks to this … fears of a possible contagion that could affect the recovery of the economy. The bank said these developments …

Repo rate likely to remain unchanged- Marcus

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… on Thursday at the annual conference of the Bureau for Economic Research. She said that domestic demand was still relatively weak but showing signs of recovery and that it is to remain relatively constrained due …