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Zuma invites France business to partner in job creation

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… this dropped to R23 billion in 2009 because of the economic recession.  Zuma said the business sector must … to explore mutual partnership of opportunities for the economic development, poverty alleviation and prosperity of … the G20 until November, in safeguarding the post-recession recovery. He said the G20 has to contribute to building the …

Vehicle sales continue to thrive

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… and in the case of export sales, the sustainability of the recovery in the global economy.  "For 2011, domestic new car … vehicle sales, on the back of anticipated higher economic activity levels, could improve by up to 15 percent. … industry to build on this year," said NAAMSA. The Nedbank economic unit said the strong rise in passenger vehicles in …

CPI rises to 4.1% in March

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… would do little to contain inflation and risks curbing the economic recovery. As a result, the Reserve Bank is only forecast to …

Zuma cautions against trade protectionism, currency devaluation

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… the US, EU nations and Japan to adopt "responsible" macro-economic policies to ensure the stability of both the … the potential to become a powerful platform in promoting economic growth and inclusive development in the world and … Hu Jintao said Asia has been at the forefront of global recovery following the global financial crisis in 2008 and …

Brics trade ministers to bolster business ties

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… Pretoria - Trade ministers at the Brics Economic and Trade Ministers' meeting have agreed to expand … an institutional framework and concrete measures to expand economic cooperation among BRICS and with other developing … agreed that as the world economy continued a momentum of recovery since the 2008 financial meltdown, the foundation …

Brics will not compromise on Doha round - Davies

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… global downturn, how Brics members can enhance trade and economic co-operation and how Brics countries can safeguard … and technology and human resources and keep upgrading our economic co-operation and trade," said Deming. He said the … - including the crisis in the Arab world, Japan's recovery from last month's massive earthquake, a debt crisis …

US markets may avoid major shock: analysts

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… United States is still slogging its way through a sluggish recovery from the worst recession in decades. While Friday's … sanguine. Bernard Baumohl, chief global economist at The Economic Outlook Group, said a formal downgrade could have …

CPI rises to 5% in June

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… as an early interest rate increase would risk curbing the economic recovery," said Nedbank. …

US downgrade will affect SA

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… at a time when the world is slogging through a sluggish recovery from the global economic meltdown. Recent weeks have made for much drama as … rating agency. The matter could jeopardise the global recovery," he explained. Nedbank economist Isaac Matshego …

No growth in May retail trade sales

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… with the latest weak production statistics, confirms that economic recovery is still hesitant. Despite rising inflation, we …

Reserve Bank keeps repo rate unchanged

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… further mainly due to external cost-push factors. The economic recovery domestically she said had been sustained though at … said the international outlook remains uncertain with the economic recovery becoming hesitant in the wake of Japan's …

BUSA supports Reserve Bank's decision

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… This is a realistic reading of external and internal economic factors. The domestic economic recovery is still modest and the global economic outlook …

Low lending rate, forex will shield SA - Reserve Bank

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… committee on the release of the Reserve Bank's 2011 Annual Economic Report - which highlighted South Africa's poor export performance and slow recovery of lending by banks - Van den Heever said the impact … would benefit the economy. Turning to the bank's annual economic report, the Reserve Bank's head of financial …

SA ready to protect its economy

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… action to cushion the economy against the current global economic situation, which poses greater uncertainty for … it meant for the economy. What was now happening in the recovery stages (which take five years at least) following …

Business confidence rises in March

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… BCI stood at 89.9," said SACCI. Only two of the seven real economic activity sub-indices were positive (retail trade and … the financial environment include new risks in the global economic environment, commodity price movements and … are restored will determine the pace of the Japanese recovery. Additionally, the political turmoil in the Middle …

March vehicle sales show improvement

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… to the 28 464 new cars sold in March 2010. "The strong recovery in sales of new cars over the past 15 months reflected a robust recovery on the consumption side of the South African economy … signs of a fairly strong revival on the back of improved economic activity levels," said NAAMSA. The sales of medium …

SARS surpasses revenue collection target by R2bln

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… Finance Minister Pravin Gordhan said on Friday. "Positive economic growth over successive quarters in 2010 and a modest recovery in revenue indicate that our economy is regaining … R1.5 billion, with positive signs going forward being the recovery in demand, commodity prices as well as overall …

Policy alone cannot solve economic crisis

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… Pretoria - Monetary policy alone cannot solve the global economic crisis, Reserve Bank Governor Gill Marcus said on … soft patch but now it is recognized is that the US economic recovery is weaker than anticipated, with fears of a possible … Policy alone cannot solve economic crisis …

Malawi president creates new position for fired military chief

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… civil society groups in protest of recent government economic and governance policies, however, turned tragic when … during the recent attacks and wish those wounded a speedy recovery." South Africa said it will be closely watching …

African leaders to pledge for Somalia

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… of all political institutions. "This will allow for macro-economic recovery and the restoration of normality in Libyan society," …