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MEC commits to accelerated delivery of road construction projects

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… “Gauteng is one of the major contributors to the country’s economic growth and our department plays a major role in … in the province, which is at the core of efforts for economic recovery. “While we continue to invest in construction and …

Government welcomes Q3 GDP increase

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… South Africa (Stats SA) Deputy Director General for Economic Statistics, Joe de Beer, said the economic activity during this period was driven by eight … pandemic, which is positive and welcomed news for economic recovery following two years of lockdown. Implementation of …

Nigeria an important long-term market for investment

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… conduct their bilateral relations. Pandor said Nigeria’s Economic Recovery and Growth Plan 2017-2020 and the National …

Government welcomes jobs growth

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… said.  Gungubele said government is implementing the Economic Recovery and Reconstruction Plan to build a sustainable, … previous quarters are starting to signify the turn in our economic outlook,” the Minister said. – SAnews.gov.za   …

Plans underway to attract investment into KZN

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… have a significant impact on efforts undertaken under the Economic Reconstruction and Recovery Plan (ERRP). This national plan is the country’s blueprint for economic recovery after the COVID-19 pandemic. “The Port of …

Multi-million rand road construction project to benefit Midrand communities

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… using our allocated budget towards boosting the province’s economic recovery and creating job opportunities, this project will … smart transport infrastructure projects that enable economic growth and job creation initiatives,” MEC said. – …

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 …