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NDP a vision to boost growth

National Development Plan

National Development Plan

Johannesburg – Trade and Industry Minister Rob Davies has singled out the National Development Plan (NDP) as a vision for his department to boost economic growth and to eliminate poverty through creating jobs. [Read more…]

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…]

Create inclusive societies to attain growth

Pretoria – In order for development to take place, Africa has to create more equitable, inclusive societies, says National Planning Minister Trevor…
GlobalBuzz-SA – Business News

SA wants extension of African Growth Act

Pretoria – The South African government would like an extension of the African Growth and Opportunity Act (Agoa) for a reasonable amount of time,…
GlobalBuzz-SA – Business News

World Bank chief prioritises tackling growth

Washington – On his first day as president of the World Bank Group, Jim Yong Kim stressed the role of the 188-member organisation in helping address global growth risks and providing development assistance. The World Bank has an economic and moral imperative to help address risks to global growth, no matter where they emerge. A […]

World Bank chief prioritises tackling growth is a post from: TheBizSense Network

TheBizSense Network» South Africa
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Tourism still paramount to SA growth

Johannesburg – Despite the current global financial problems which continue to impact the industry, tourism will continue to play a central role in the country’s economy, Tourism Deputy Minister Tokozile Xasa says. With South Africa continuing to emerge as an important global player, government now wants a new focus in the tourism sector to exploit […]

Tourism still paramount to SA growth is a post from: GlobalBuzz SA

GlobalBuzz SA» Business

Expenditure growth up to 5.1 percent

Pretoria – Boosted by increases in real final consumption by households and government, aggregate real gross domestic expenditure rose to 5.1% in the…
BizForums – Southern Africa

Rates Bill to meet growth

Pretoria – Finance Minister Pravin Gordhan on Tuesday tabled the Rates and Monetary Amounts and Amendment of Revenue Laws Bill in Parliament, which he said would go a long way towards helping government fulfil its growth priorities and provide support for job creation. “The tax bill contains a carefully developed package which supports government’s objective […]

Rates Bill to meet growth is a post from: GlobalBuzz SA

GlobalBuzz SA» Business
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Modest growth predicted in 2012

Mexico City – Finance ministers and central bank governors of the Group of 20 (G20) nations expect modest growth this year as downside risks continue to threaten the global economy. While the world economy is slowly recovering, uncertainties remain with volatile international financial markets, soaring oil prices and high unemployment rates in many countries, they […]

Modest growth predicted in 2012 is a post from: TheBizSense Network

TheBizSense Network» South Africa

Higher economic growth still a priority

Pretoria – The South African government will continue to prioritise higher economic growth and job creation at the core of its economic policy, National Treasury said. On Wednesday, Moody’s Investor Services revised the country’s A3 rating outlook from stable to negative. The rating agency cited slower economic growth than what was previously expected as well […]

Higher economic growth still a priority is a post from: GlobalBuzz SA

GlobalBuzz SA» Business
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