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Tax collection to fall short by R13bn
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… 2014/15 a moderation in spending growth, combined with a recovery in tax revenue will reduce the deficit enough to … allow government to rebuild fiscal space to address future economic downturns and provide resources for development in a … current year and the forecast for 2012/13 reflect weaker economic conditions. However, he said, as the business cycle …BUSA predicts 3% GDP growth in 2012
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… Africa's economy to grow by 3% in 2012. Presenting BUSA's economic and business outlook for the country in 2012, BUSA … growth, it was insufficient to meet South Africa's socio-economic challenges, especially given the downside risk. "At … in February, given the vulnerability of the economic recovery and the uncertain global situation which would …Reserve Bank sounds warning on inflation
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… bank left the repo rate unchanged at 5.5%, seeing that the economic recovery remained hesitant with a deteriorating inflation … by global developments and domestic constraints to the recovery. "The domestic recovery remains hesitant and …Positive COP 17 outcome crucial for Africa: Zuma
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… development priorities, cooperation to secure global economic recovery, improving gender equality, and promoting the voice …BRICS leaders meet on the sidelines of G20
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… the G20 conference should focus on coordinating macro-economic policies, reinforcing the international community's confidence in the global economic recovery and demonstrating the group's spirit of cooperative …President Zuma 'satisfied' with G20 meeting
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… made at this year's G20 meeting. He said international economic cooperation to support stability and growth was … lender said would be used to lower future threats of economic recession around the world. The G20 leaders' meeting … the Los Cabos Growth and Jobs Action." It said the global recovery had continued to face a number of challenges …SA congratulates Somalia on its new Cabinet
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… for a state embarking on nation building, reconciliation, economic recovery and capacitating of various government institutions, … community, that Somalia is indeed on the road to recovery. "The Cabinet will also play a critical role in …Egyptians mark 1st anniversary of revolution
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… are common after the fall of Mubarak, which disturb economic recovery and deal a heavy blow to the tourism sector. Egypt needs its citizens to work productively in different economic, service and social sectors so that they can harvest …SA companies to participate in trade initiatives
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… African Government is committed to the development and recovery of Zimbabwe and we are confident that the ITI will go a long way in enhancing economic cooperation with Zimbabwe. The two countries share … proximity to South Africa, Zimbabwe's political and economic welfare has a direct impact on South Africa," said …G20 predicts modest growth in 2012
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… up a two-day meeting held in Mexico. "The international economic environment has continued to be characterised by an … put maintaining financial market stability and promoting economic recovery and growth right on top of their agenda. All G20 …State plan could net up to 100 000 jobs in construction
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… markets. In some cases a mix of tax finance and cost recovery measures will be imposed. "We make budget … that have been lost over the over decades. To stimulate economic growth between South Africa's provinces, the plans … capacity of the Eastern Cape and expand the provinces economic linkages with KwaZulu-Natal and Northern Cape. On …Brics leaders commit to forming Development Bank
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… and prosperity. The summit came at a critical time when economic recovery is still struggling against fragile financial … growth are now significant contributors to global recovery," reads the declaration. It also emphasized the role …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 …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 …Repo rate cut welcomed
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… is unlikely to have a significant impact on improving economic activity," it said. The cut was a welcomed … for the last nine meetings. The Reserve Bank revised its economic forecast for 2012 and 2013 slightly downwards. Gross … whether the combined global monetary stimulus sparks some recovery later in the year (in which case rates will remain …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 …SA economic outlook 'modest': Reserve Bank
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… Pretoria - South Africa's economic outlook remains modest, says the Reserve Bank in its Monetary Policy Review (MPR). "The economic outlook for South Africa remains modest with a gradual recovery in domestic demand and supply expected, barring … SA economic outlook 'modest': Reserve Bank …SA, Africa have role to play in global economic growth
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… on Friday, the minister highlighted the need for economic integration on the continent. Promoting regional economic integration was an important element of South … like one third of world trade," he said. The hope of recovery from the economic crisis still resided in the …EU Commission, Greece confident of economic future
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… and restore growth. "We will do whatever necessary for economic recovery," the Greek Premier said, expressing optimism for … EU Commission, Greece confident of economic future …SADC Organ on Politics meets to map future
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… political stability able to reap the potential social and economic dividend that will flow from inter-regional trade and effective regional economic integration." Turning to political matters, … stood united in helping to put Madagascar on the road to recovery and to overcome the challenges they confront. Last …