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South Africa

July trade conditions show signs of recovery

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Pretoria - The South African Chamber of Commerce and Industry's (Sacci) July trade conditions survey released on Wednesday showed signs of recovery to the economy.

Retail trade sales drop by 6.7%

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Pretoria - The retail trade sales for June decreased by 6.7 percent compared to June last year, Statistics South Africa (StatsSA) announced on Wednesday.

MEC Cachalia defends F1 decision

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Johannesburg - Gauteng Economic Development MEC Firoz Cachalia has defended the province's decision not to proceed to acquire the rights to host Formula 1 events.

"Fly the Flag for Football" campaign launched

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Johannesburg - The "Fly the Flag for Football" campaign was launched in Johannesburg on Wednesday to build public excitement, awareness and support leading up to the two historic soccer events in South Africa.

SABC is ready for 2009 FIFA Confeds Cup

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Johannesburg - The South African Broadcasting Corporation says it has acquired the sophisticated infrastructure needed to bring the 2009 FIFA Confederations Cup and the subsequent 2010 FIFA World Cup to billions of fans worldwide.