SA must be realistic about its resources

SA must be realistic about its resources

Durban – South Africa can contribute significantly to African infrastructure development, but there is a need to be realistic about the resources available in the country, cautioned Minister of Public Enterprises Malusi Gigaba. Speaking at the 13th African...
Govt not against foreign investment

Govt not against foreign investment

Cape Town – Government’s application to review the Competition Tribunal’s recent decision to approve the Walmart-Massmart merger did not mean the government was against foreign investment, the Ministers of Economic Development, Trade and Industry, and Agriculture,...
Economic empowerment for SA women

Economic empowerment for SA women

Pretoria – Economic empowerment for South African women will be the focal point of this year’s annual Women’s Month celebrations. Minister for Women, Children and People with Disabilities, Lulu Xingwana, unveiled the 2011 Women’s Month programme on Sunday in...

Govt lodges review application of Wal-Mart/Massmart deal

Pretoria – Government has lodged an application seeking a review for the approval of the Wal-Mart/Massmart merger. “The review application points to serious flaws on the provision of relevant information and documents by the merger parties, in consequence of the...

PPI rises to 7.4% in June

Pretoria – The Producer Price Index (PPI) in June rose to 7.4 percent, Statistics South Africa (Stats SA) said on Thursday. “This rate is 0.5 of a percentage point higher than the corresponding annual rate of 6.9 percent in May 2011,” said Stats SA. PPI, which...