Tag: economy

Working to transform the economy

Pretoria – Government and its social partners continue to work towards transforming the South African economy so as to address unemployment and other challenges, says President Jacob Zuma. “Government, along with our...

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Food Tourism Helps Boost Economy

According to Visit Wales, the tourism industry in North Wales already injects £2.1 billion a year into the Welsh economy, with visitors to Wales on average spending almost a fifth of their holiday budget on food & drink,...

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Biodiversity contributes to economy

Pretoria – The Minister of Water and Environmental Affairs, Edna Molewa, says the benefits derived from biodiversity or ecosystem services are estimated at R73 billion, contributing to 7 percent of South Africa’s GDP...

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Invest in hydrogen economy

Midrand – Science and Technology Minister Derek Hanekom says South Africa should invest in the hydrogen fuel economy by taking advantage of the country’s large supply of platinum deposits. Addressing a conference hosted by...

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Tourism sector to boost the economy

Pretoria – The National Tourism Sector Strategy (NTSS) seeks to increase tourism’s total direct and indirect contribution to the economy to R499 billion by 2020 said Tourism Deputy Minister Tokozile Xasa. Through the...

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SA economy set to grow

Cape Town – South Africa’s economy has been projected to grow between 3.5 and 3.8 percent this year, up from -7.1 and 2.8 percent in the last two years respectively. The Financial and Fiscal Commission revealed this on Monday,...

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