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Transnet granted R18.85 billion loan
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… billion ($1 billion) corporate loan to Transnet for its recovery and growth plans. Transnet has faced operational … by Transnet and the African Development Bank said. Recovery Plan In October 2023, Transnet launched its recovery … national logistics capabilities and driving sustainable economic growth,” African Development Bank’s Vice President …Government committed to creating jobs
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… business and labour that developed and implemented the Economic Reconstruction and Recovery Plan that enabled us to get the current employment … the finance industry has seen the most significant recovery, with 680 000 more jobs compared to the second …Seventh administration prioritises inclusive economic growth
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… overriding priority is to achieve more rapid and inclusive economic growth so that it can create jobs, reduce poverty, … the sixth administration in implementing reforms to enable economic growth, with a focus on modernising network … implementation of structural reforms and support economic recovery. “This progress provides a solid platform on which …Help for struggling municipalities
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… should provide social services and promote inclusive economic growth. “They must work to attract investment. This … and Intervention Plans (MSIPs) and employ financial recovery plans in distressed municipalities. The Minister …GNU looks to SA becoming a "construction site"
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… to enable greater investment in both social and economic infrastructure development. “As the Government of … passenger rail network With so many people living far from economic opportunities and services, transport costs take up … “An immediate priority is therefore to complete the recovery of the passenger rail network across the country to …All eyes on SA's First Citizen
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… of 29 May. He received 283 votes, while the leader of the Economic Freedom Fighters, Julius Malema, received 44 votes … “The issues he emphasised in the past will continue; the economic recovery plan, I suspect will still be the basis of his focus …President: 100 days of no load shedding no reason to relax
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… partners. He welcomed Eskom’s Generation Operational Recovery Plan, which stepped up the maintenance schedule, … for businesses.” The President cited the Bureau for Economic Research (BER) index which found that consumer …PRASA makes steady progress in returning passenger trains
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… opportunities for rail as part of the country’s broader economic recovery programme,” he said. – SAnews.gov.za …KZN government recommits to rebuilding areas affected by devastating storm
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… estimate of over R1.3 billion. Accompanied by MECs for Economic Development, Tourism and Environmental Affairs, … supporting community preparedness initiatives. The road to recovery will be long and challenging, but together, we can … I extend my deepest thanks to everyone involved in these recovery efforts.," Ntuli said. The Premier further …Economic reforms needed for growth, job creation - President Ramaphosa
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… used his weekly newsletter to call for a continuation of economic reforms in order to stimulate economic growth and job creation, and to attract investment. … the future,” President Ramaphosa said. Reconstruction and Recovery The President acknowledged that the effect of some …New liquid bulk facility to boost Durban’s economy
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… the project’s alignment with national strategic and economic goals. Transnet Group Chief Executive Advocate, … said the initiative forms part of Transnet’s broader Recovery Plan aimed at boosting volume recovery and … relationship will promote the national, strategic, and economic interests of the country, as mandated by Section 79 …30 Years of building our economy
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… focused on supporting corporations rather than people. Economic growth was dependent on the gold price and as it … Programme was introduced to address the massive socio economic challenges. These interventions were occasioned by … by interventions through our Economic Reconstruction and Recovery Plan (ERRP), we have managed to claw back the …Achievements and challenges: President reflects on sixth administration
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… endured a decade of corruption and state capture, of weak economic growth and the erosion of our public institutions. … us. We have placed South Africa on a new trajectory of recovery and laid a strong foundation for future growth. “We … jobs lost. “We introduced a massive package of social and economic support to protect vulnerable businesses, workers …KZN tourism entrepreneurs set to showcase province’s rich culture at Indaba
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… Africa’s Travel Indaba back to the province, KwaZulu-Natal Economic Development, Tourism, and Environmental Affairs MEC, … grow in the sector,” Duma said. EThekwini Municipality Economic Development and Planning Committee Chairperson, … for the tourism industry, which is firmly on the road to recovery. “The show has become synonymous with the city of …South Africa remains an "attractive investment destination" - President Ramaphosa
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… our auto sector continues to grow despite a gloomy global economic outlook and disruptions to the flow of goods between … assured that government will continue in its path towards economic recovery. “We will continue to build on the gains that we …Upper uMkhomazi Water Project a catalyst for KZN water security
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… is expected to be a catalyst to water security and vibrant economic activity in the eThekwini area and surrounding … Cyril Ramaphosa. He said President Ramaphosa has put the Economic Reconstruction Recovery Plan at the centre of renewing the country. “Water …Government makes progress in recovering rail services
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… West Rand. “I am also pleased to tell you that since the recovery of the passenger rail services in the 2020/2021 … by train. We are connecting people to places of work and economic opportunities - affordably. “For soccer fans who … access to opportunities, and fostered greater social and economic inclusion. “Our people now have access to …Massification of skills development and job creation programmes to combat unemployment
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… high level of unemployment is dependent on higher economic growth resulting in more jobs. This process is led … by business investing in the private sector with resultant economic development and rising employment. Nonetheless, as … to pay their employees, and the business turnaround and recovery programme run by Productivity South Africa; training …Progress made in addressing socio-economic inequalities
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… Government has made significant strides in addressing socio-economic inequalities through social welfare programmes in … and strive towards achieving social cohesion and socio-economic empowerment for all its citizens,” said Deputy … grant, and R1.4 billion through the municipal recovery disaster grant to address water challenges. – …Newly launched terminal a symbol of resilience
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… Park Bayhead Rail Terminal as a symbol of South Africa’s recovery following the challenging COVID-19 pandemic and the … infrastructure network. This terminal is also a symbol of recovery and resilience. For the city of Durban, for the … and network industries that have had a negative impact on economic growth and the creation of jobs. “In order for this …