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SA records R4.9bn trade deficit

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… commodity prices is likely to be countered by global economic recovery that is still hesitant. "Imports on the other hand …

Continental cooperation needed to create jobs

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… at regional and continental level to ensure complementary economic and social policies that create decent work … development policies and ensuring regional and continental economic cooperation in ways that promote jobs," said Zuma. … Mildred Oliphant, who told the summit that economic recovery could not be sufficient until there was employment …

Credit crunch hits SA agriculture markets abroad

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… markets in Europe. It said that the financial and economic uncertainty and debt crisis in Europe "continue to … Zita said the forestry industry was showing "steady recovery" from the 2008 recession, which resulted in pulp and …

Business confidence rebounds

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… a monthly and annual basis. There were signs of a possible recovery in certain real activities towards the end of 2012. … conducive business environment in 2013 is for the socio-economic partnership between government, business and labour … of approach in responding to South Africa's current socio-economic crisis," said Sacci. - SAnews.gov.za …

E Cape trade doubles

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… Sitembele Mase, said the increase in trade indicated an economic recovery in the review period, following the recession of the … period, partly due to the continued negative impact of the economic downturn and the corporation repositioning itself as …

British Royals to touch down in SA

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… on trade and investment promotion to support Britain's economic recovery; employment opportunities; education and practical …

Royal Highnesses to visit SA

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… on: * trade and investment promotion to support Britain's economic recovery; employment opportunities; * education and practical … anniversary of Independence. Bilateral ties, including economic cooperation, will also be to the fore in Kuwait and …

Mini-budget must speak to global developments

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… in the world economy. "Given the uncertain global economic outlook, the MTBPS must reinforce what SA can do to … developments in the world economy," Business Unity SA's Economic Policy Committee said on Thursday. Overall, it said … does not yet see overwhelming evidence of a sustainable recovery in economic activity. With world growth forecasts …

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 …

Implementation should be at core of Zuma's address

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… confidence and the role of business in order to strengthen economic recovery and promote growth. It also hoped that the address … of job creation, poverty reduction, education, economic transformation, infrastructural development and …

World Bank, IMF call for inclusive growth, poverty reduction

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… inclusive growth and poverty reduction amid fragile global recovery. "The global economic outlook remains challenging," the two … meeting this weekend. "Policy adjustments and improved economic activity have reduced the threat of a sharp global …

SA's current account deficit widens to 3.1%

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… positive profit announcements by domestic companies as the economic recovery proceeded," said the report. …

Increasing global trade critical to stimulate recovery

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… increase global trade is still critical to stimulating the recovery of the global economy, Trade and Industry Minister … super-body headed by the chiefs of OECD [Organisation for Economic Cooperation and Development] countries and the WTO … challenges and opportunities arising from emerging global economic governance structures, and contribute to developing …

Grim outlook in resolution of Eurozone problems

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… was a mixed picture that was unfolding with small sight of recovery in the US, the world's biggest economy. Although … while also solving the youth unemployment debate." Economic Development Minister Ebrahim Patel said the launch of the council came at a time when the global economic recovery remained fragile. "We face deep …

IMF urges Eurozone to contain crisis

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… take more steps to check the debt crisis, as the global recovery continued to be threatened by strains in the region … to the crisis," the IMF said in a working paper on global economic prospects and policy changes prepared for last … actions, including cutting the interest rate to bolster recovery. "The ECB's monetary policy should be highly …

SA, Germany commit to strengthen partnership

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… the economy, both acknowledged that there existed signs of economic recovery in their respective countries following the deterioration in the global economic situation during 2009. However, they stressed the …

Sedibeng celebrates 16th anniversary of signing Constitution

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… Bill of Rights that also constitutionally entrenches socio-economic rights. The Bill of Rights is in many ways the most … wished former state president, Nelson Mandela, a speedy recovery and said it was thanks to him that the country can …

SARS announces increased tax collection

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… managed to collect in the 2008/09 period. "This slow recovery of CIT in the main accounted for the current tax to … sectors showed robust growth on the back of a modest economic recovery," read documents from SARS. Gordhan said … 20 000 jobs created each quarter. He said given the tough economic climate, SARS had done very well. He was of the view …

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 …