Johannesburg – To meet the ambitious target of growing the economy by seven percent per annum, Finance Minister Pravin Gordhan says the country should redefine its economic transformation strategy. “We have to redefine economic transformation. We are merely mimicking...
Pretoria – Despite a drop in total trade between France and South Africa from R32 billion in 2008 to R23 billion in 2009, Pretoria says it is encouraged by French President Nicolas Sarkozy’s commitment to strengthen economic relations, which are viewed as...
Pretoria – South African business women currently hold 27 percent of senior management positions, beating the global average of 20 percent, the Grant Thornton International Business Report (IBR) has revealed. “The fact that South Africa outperforms the global...
Pretoria – South Africa’s mining cadastre system will give enhanced transparency on mining license applications when it goes live, says Mining Minister Susan Shabangu. The minister was addressing the Prospectors and Developers Association of Canada Convention on...
Pretoria – The official rate of interest for calculating fringe benefits will be reduced by 50 basis points to 6.5 percent, with effect from today. The South African Revenue Service said on Tuesday the reduction was due to amendments to the definition of the...
