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Tourism a driver of economy and jobs

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… tourism sector has emerged as a powerful driver of economic growth and job creation, with new data highlighting its recovery and expansion beyond pre-pandemic levels. According … cementing its role as a cornerstone of South Africa’s economic recovery. – SAnews.gov.za …

How the Basic Fuel Price is calculated: A breakdown

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… to balance international competitiveness with local economic realities. “The underlying principles for the basis … is higher than the BFP in the fuel prices, a unit under recovery is realised on that day. When the BFP is lower than the BFP in the price structures, an over recovery is realised on that day. An under recovery means …

South Africa ‘open for investment’ as partnerships drive growth

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… and the private sector are central to the country’s economic recovery and growth. He said the conference had once again … to offer a compelling investment case, underpinned by economic resilience, institutional reform and policy …

President Ramaphosa hails business-government partnership

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… and the private sector as a key driver of South Africa’s economic recovery and reform momentum. Speaking at the closing … the economy.  He pointed to joint initiatives such as the Economic Reconstruction and Recovery Plan, launched in …

Government welcomes gains in employment growth

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… a notable increase in wages and bonuses, signals ongoing recovery in economic activity. “The increase in total employment during … to household incomes and contribute positively to overall economic momentum.  Currin reiterated government’s commitment …

From pledges to shovels: President Ramaphosa opens SA Investment Conference

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… when the South African government is poised to accelerate economic growth, turn pledges into shovel-ready projects and … turn pledges into projects on the ground. The shift in our economic trajectory that we are witnessing now is the result … Conference takes place against a backdrop of growth and recovery. Investment conferences such as this are an …

South Africa continues to position itself as a destination of choice

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… and industrial projects that are driving job creation and economic development. Importantly, South Africa continues to … sector, which continues to serve as a strategic driver of economic growth. South Africa’s tourism strengths remain … travel disruptions. These figures signal a sustained recovery and the growing resilience of the tourism sector. As …

SA Investment Conference opens in Sandton, with government targeting R2 trillion in new commitments

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… of the 7th Administration, which include inclusive economic growth, employment creation, infrastructure development and economic reform. The conference takes place amid improved … infrastructure development and broader economic recovery initiatives. Launched in 2018 by President …

NYDA calls for a youth-centred economic response

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… (NYDA) has called for a more coordinated and youth-focused economic response amid rising global uncertainty and domestic … a backdrop of heightened global uncertainty and emerging economic risks, with policymakers opting for caution amid … that goes beyond short-term stabilisation. “Economic recovery must be measured not only by inflation outcomes, but …

President Ramaphosa states SA investment case ahead of SAIC

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… (SAIC) provides a pivotal moment to translate recent economic gains into tangible investment outcomes. This … and execution. He added that the “green shoots of economic recovery we are experiencing” further bolster South …

SA’s power grid continues to show stability

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… Eskom said the progress made is driven by the Generation Recovery Plan, which has resulted in a 10.80% improvement in … term energy sustainability and supporting South Africa’s economic growth,” it said, adding that the EAF remains … improvements in plant performance from the Generation Recovery Plan. In addition, the utility is making progress in …

New investment signals confidence as SA economy turns a corner

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… says South Africa’s economy is showing clear signs of recovery, pointing to renewed investor confidence and … was a strong vote of confidence in the country’s economic future.  “This investment signals a long-term … hub,” he said.  The President highlighted improving economic indicators, including four consecutive quarters of …

R100 billion incentive grant to improve service delivery in cities

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… stronger enforcement of funded budgets and financial recovery plans.  They also include targeted investments in … structural reform priorities to remove constraints to economic growth. “The health of the cities is closely linked … Africa’s population is concentrated and the bulk of its economic activity takes place.  “Our cities are the engines …

Buying local strengthens SA's economic recovery

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… South Africa’s economic recovery and long-term growth are built not only in … businesses is the most direct, practical way to fuel our economic vision of South Africa.  “It’s a simple choice that … Buying local strengthens SA's economic recovery

President Ramaphosa calls for turning point in SA’s transport sector

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… efficient transport and logistics system is essential for economic growth and improving the lives of South Africans. … has placed logistics reform at the centre of its economic recovery strategy through the Medium-Term …

Right to human dignity a 'fundamental' right

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… we are working even harder to accelerate the momentum of economic recovery, so that our economy can grow faster, create …

From reform momentum to tangible results

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… with disabilities must be mainstreamed into South Africa’s economic trajectory. Scaling investment and industrial … implementation of the MTDP shows that the foundations of recovery are in place – in energy reforms, infrastructure development, logistics recovery, tourism growth and public sector accountability. …

Arrival of 100 000 FMD vaccine intensifies WC response

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… law enforcement and contingency planning. It also outlines recovery measures, including cleaning operations and the … and jobs,” the Premier said. Western Cape Agriculture, Economic Development and Tourism MEC, Dr Ivan Meyer, also …

KZN Finance MEC tables R168.2bn provincial budget

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… in KwaZulu-Natal,” Rodgers said. Fiscal stability and recovery Rodgers said the budget is anchored by the … baseline adjustments. R15m allocated for infrastructure, economic recovery Rodgers said infrastructure investment remains central to economic recovery and service delivery. Allocations include …

Gauteng remains heartbeat of SA economy - Maile

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… Despite global economic volatility and geopolitical tensions, Gauteng … national economy”. This according to Gauteng Finance and Economic Development MEC Lebogang Maile who tabled the … economic projections for the medium-term point to steady recovery with provincial economic growth expected to reach …