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Economic growth expected to slow to 1.9%

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… South Africa’s economic growth is expected to slow to 1.9% in 2022, says … economy’s productive capacity and competitiveness. “The recovery in economic activity that began in 2021 was driven by a strong … Economic growth expected to slow to 1.9% …

Tax collection to exceed 2022/23 projections by R83.5 billion

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… the good revenue collection was on the back of broad-based recovery in corporate tax collections during this period. … However, it warned that there were significant downside economic risks to these revenue projections, saying these … in 2022/23. “Further improvement depends on a durable economic recovery,” it said. Compared with the 2022 Budget …

President Ramaphosa to host Prime Minister Sánchez of Spain

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… unemployment and inequality and to boost South Africa’s economic recovery and reconstruction efforts following the impact of …

President wishes Hindu Community a happy Diwali

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… playing an important role today in nation building and the economic recovery and revitalisation of our country at a time of great …

Youth, informal sector key to SA's economic recovery – Deputy President Mabuza

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… South Africa’s economic reconstruction and recovery success depends on how the country responds to the … Mabuza said communities are still counting the social, economic, and infrastructural devastation that has been left … Youth, informal sector key to SA's economic recovery – Deputy President Mabuza …

Trade between SA, Korea remains on an upward trajectory

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… as partners in our efforts directed at the post-pandemic economic recovery,” International Relations and Cooperation Minister, … said on Tuesday. “In this regard, our President and his economic team, working closely with our ambassadors and …

Employment Stimulus Package reaches 1 million job opportunities milestone

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… Plan - a vehicle within the Economy Reconstruction and Recovery Plan. The PESP participants were part of teams which … said the COVID-19 pandemic has had a devastating economic impact, threatening the jobs and livelihoods of many … this impact directly, as part of government’s broader economic recovery agenda. It aimed is to use direct public …

Premier Lesufi announces new cabinet for Gauteng government

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… and Wellness – MEC Nomantu Nkomo-Ralehoko Department of Economic Development – MEC Tasneem Motara Department of … 18 months. “The first one is the immediate need to ensure economic recovery and reconstruction. We want to accelerate the …

Economic recovery plan makes progress

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… October 2022 marks two years since the country instated the Economic Reconstruction and Recovery Plan - a plan that puts the focus on programmes … sitting of the Houses of Parliament, two years ago. The Economic Reconstruction and Recovery Plan (ERRP) was … Economic recovery plan makes progress …

Presidential Employment Stimulus reaches one million South Africans

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… Employment Stimulus in October 2020 as part of the Economic Reconstruction and Recovery Plan (ERRP), which set out a range of measures to address the economic impact of the COVID-19 pandemic. Marking this …

SA hosts women economic assembly

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… The second Women Economic Assembly (WECONA) is expected to bring together the … government and civil society to transform the economic landscape in South Africa. WECONA, which is held for … The theme of WECONA 2022 talks to South Africa’s economic recovery, which is at risk of becoming a futile exercise if …

Government works to scale up Presidential Employment Stimulus footprint

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… Stimulus (PES) and expand its reach, as it pursues economic growth to deliver decent and sustainable employment … that the PES   is still very much needed to complement recovery efforts in the job market.  The PES was launched … create jobs and support livelihoods, as part of supporting economic recovery from the COVID-19 pandemic. The PES has …

Jump-starting tourism

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… sector is providing a sliver of light to South Africa’s economic recovery. “Over the past two years, measures to mitigate the … further negatively impact on our struggle for broad based economic transformation in this sector,” says Lebele. …

Local economic development key to empowering municipalities

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… President Cyril Ramaphosa says local economic development is one of the key drivers to lowering … circulate in local areas. “That is why accelerating economic growth, attracting investment and creating jobs must … “If we are to harness the momentum of economic recovery that these new investments signal, local government …

Number of people employed in agriculture increases

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… the first quarter of 2022. This was revealed during an Economic Sectors, Investment, Employment and Infrastructure … (ESIEID) Cluster briefing held on Thursday. The Economic Sectors, Investment, Employment and Infrastructure … on the progress of the Economic Reconstruction and Recovery Plan (ERRP). The ERRP is a collaborative initiative …

Government outlines achievements of economic recovery efforts

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… a period where the majority of people were without any economic activity, says Minister of Human Settlements, … (PES), which was government’s response to the devastating economic impact of the pandemic on jobs and livelihoods. … livelihood support programmes, as part of a wider economic recovery progress. The PES forms part of government's …

President Ramaphosa visits US, UK

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… be addressed. These include the urgent need to stimulate economic recovery in the wake of the COVID-19 pandemic,” the …

Small-scale farmers encouraged to venture into mushroom industry

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… equitable and inclusive growth, while boosting SA’s economic recovery plan. According to the South African Farmer’s … and shared their own journey in the mushroom market and economic opportunities available in the industry, and …

President Ramaphosa to hold talks with US President

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… be addressed. “These include the urgent need to stimulate economic recovery in the wake of the COVID-19 pandemic.” Pandor told … Development Goals (SDGs). “For the global South, the economic and socio-economic impact of COVID-19 has been …

KZN jump starts entrepreneurs' entry into automotive sector

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… In a move that will drive economic transformation in the automotive sector, … in 2020, paved the way for the provincial Department of Economic Development, Tourism and Environmental Affairs and … sector and boost confidence in the province’s economic recovery, post COVID-19, the July civil unrest, and flood …