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United Arab Emirates
Pretoria – South Africa has invested R3.33 billion in the United Arab Emirates (UAE) since 2003, making the country the 19th largest investor in the UAE.
Speaking at the SA-UAE Business Forum held in Dubai on Sunday, Trade and Industry Minister Dr Rob Davies said the largest investments were made in the financial services sector, followed by investments in the communications and pharmaceutical sectors. [Read more…]
Pretoria – Cabinet has chosen to pursue its bilateral trade agreements with Turkey outside of a Free Trade Agreement (FTA), it announced on Thursday….
BizForums – Southern Africa
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
Advertising, Promotion, and Other Aspects of Integrated Marketing Communications By Shimp, Terence A. Top Offers
Economic Growth
Pretoria – Low interest rates and high inflation do not encourage economic growth, economist Chris Hart said on Tuesday.
“Low interest rates in the developed world have become counter-productive…. Growth has to be funded. In South Africa where interest rates are at 5.5%, we cannot get growth going,” said Hart adding that inflation was too high to stimulate growth. [Read more…]
Pretoria – Mineral Resources Minister Susan Shabangu has reiterated that the nationalisation of South African mines is not government policy.
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BizForums – Southern Africa
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Bolster industrialisation
Cape Town – As South Africa moves to bolster industrialisation efforts within its own borders, the planned roll out of a giant free trade area across Africa may hit a snag when it comes to negotiating about trade in manufactured goods between member countries, the Minister of Trade and Industry Rob Davies said yesterday. [Read more…]
Wine Producers
Pretoria – The term “local is lekker” was given a new meaning today when government, unions and the private sector all signed a deal committing the country to increasing its target of procuring locally manufactured goods to 75 percent.
[Read more…]
Cape Town is fast becoming a destination of choice for domestic and foreign investors looking to expand their operations in Africa. Tourism has always been a major drawcard for Cape Town, known internationally as a top leisure destination, but the city is also gaining a solid business and investment reputation. According to the Western Cape […]
Investors prefer Cape Town is a post from: Cape Town
Cape Town» Business
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Pretoria – South Africa aims to strengthen trade ties with Turkey, while also looking at the issue of trade barriers, says Deputy President Kgalema…
BizForums – Southern Africa
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SMME
Pretoria – Cabinet has approved the merger of key small business development agencies under the Industrial Development Corporation (IDC) umbrella.
Cabinet spokesperson Jimmy Manyi announced on Thursday that Khula Enterprise Finance, the South African Micro-Finance Apex Fund (SAMAF) and the IDC small business activities would be merged. [Read more…]
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