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GDP rises by 2.1 percent in fourth quarter of 2012

Pretoria – South Africa’s Gross Domestic Product (GDP) rose by 2.1% in the fourth quarter of 2012 – up from 1.2% in the third quarter, Statistics…
BizForums – Southern Africa

GDP expected to come in lower than 2%

South Africa Mining Industry

South Africa Mining Industry

Pretoria – The Gross Domestic Product for the third quarter is expected to come in lower than the growth seen in the second quarter, largely due to recent industrial action in the mining sector. [Read more…]

Boost for SA manufacturing sector

Manufacturing Competitiveness Enhancement Programme

Manufacturing Competitiveness Enhancement Programme

Pretoria – The launch of the Manufacturing Competitiveness Enhancement Programme (MCEP) has been a major boon to the manufacturing sector, says Trade and Industry Minister Rob Davies. [Read more…]

TFR to transport hematite

Hematite

Hematite

Pretoria – The first train service to transport hematite products from Swaziland to South Africa’s Richards Bay will begin in November and is also expected to stimulate job creation, said Transnet Freight Rail (TFR). [Read more…]

SA, Czech boost economic relations

South Africa - Czech Republic

Pretoria – South Africa and the Czech Republic have recommitted themselves to further enhance trade and economic relations despite the current financial economic crisis negatively affecting many countries. [Read more…]

SA, Botswana sign trade agreement

Botswana

Botswana

South Africa and Botswana have signed a memorandum of understanding to promote trade and investment between the two countries and create opportunities for industrialisation and the manufacturing sectors. [Read more…]

Business Confidence falls

South Africa Coins

Pretoria – Business confidence fell to 90.9 index points in July to a 12-year low, the South African Chamber of Commerce and Industry (Sacci) said on Tuesday. [Read more…]

SA among top business destinations

South Africa Business Destination

South Africa Business Destination

Pretoria – South Africa remains in the top 15 ‘long-haul’ business events destinations in the world and is the premier business events destination in Africa, says Tourism Minister Marthinus van Schalkwyk. [Read more…]

Transnet forging ahead with infrastructure programme

Johannesburg – Despite a softening of cargo categories, Transnet is going ahead with its infrastructure build programme.

Transnet Infrastructure

Transnet Infrastructure

“In the earlier months of the current financial year, we have seen a softening particularly with the container volumes – imports and exports that we handle – for a variety of reasons,” Transnet Port Terminals (TPT) chief executive officer Karl Socikwa said at a breakfast briefing of the Africa Ports and Harbours Show. [Read more…]