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SA, India, Brazil to create Working Group on Decent Work

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… and India to co-operate in promoting a job-intensive economic recovery and create a framework for sustainable growth. "This … exchange of experiences and be used as an engine of economic growth as well as a co-ordinated response to global …

Business confidence improves in June

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… majority of the sub-indices in both the financial and real economic divisions of the BCI were positive in June. "The … mood than a year ago, while there were signs that the real economic environment may have consolidated." Although the improvement in business confidence is important, the recovery of the BCI in June may still be tested given the …

SA allocates R268m in aid to 19 countries

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… R100 million went to Cuba to help support the country's economic recovery following the 2008 hurricanes, she said. South … to Zimbabwe to contribute towards supporting the country's economic recovery programme. The remaining funds were …

Waste Tyre Management Plan gazetted

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… Waste Tyre Management Plan (IIWTMP) of the Recycling and Economic Development Initiative of South Africa (REDISA) for … key aspects necessary to meet the transformative social-economic objectives of the country," the department said. The … advocates for avoidance of waste, re-use, recycling and recovery of energy and disposal as the last option. "This …

SA economy still faces tough time: minister

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… South Africa's economy grew by 4.8 percent. "While this recovery is stronger than a year ago in South Africa and in … is not promoted. "This requires Government to provide economic stability and reduce the cost of capital through … skills required to fuel our sustainable and inclusive economic growth." The South African sugar industry generates …

Business confidence contracts in Feb

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… and it is believed that the BCI will continue its path to recovery since the trough in business confidence in the first … that is yet to gather pace, despite the outlook for economic growth being more positive than a year ago. SACCI … business confidence might be severely tested, given economic uncertainty and possible price instability," said …

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 …