Pretoria – The Development Bank of Southern Africa (DBSA) is encouraged by National Treasury’s commitment to its new growth strategy, its chief executive officer Patrick Dlamini said. [Read more…]
Inflation a challenge for central bank
Pretoria – Head of Research at the South African Reserve Bank, Rashad Cassim, says rising inflation is a challenge for the central bank. [Read more…]
NDP a vision to boost growth
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…]
SARS collects R814bn in taxes
Pretoria – In what Finance Minister Pravin Gordhan today described as a “remarkable achievement”, the South African Revenue Service (SARS) exceeded its target when it collected more than R814 billion in taxes for the 2012/13 fiscal year. [Read more…]
Business honoured
Johannesburg – The best South African businesses in various sectors of the economy were showcased at the glittering inaugural SA Premier Business Awards hosted by the Department of Trade and Industry (dti) on Wednesday night. [Read more…]
BRICS customs heads meet
Pretoria – The heads of the customs services of the BRICS member countries – Brazil, Russia, India, China and South Africa – have met for the first time to discuss common problems and outline ways to extend cooperation.
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OECD report into South Africa
Midrand – Finance Minister Pravin Gordhan had welcomed the latest OECD report into South Africa which states that although strides have been made, the country is not fully reaching its potential. [Read more…]
SA, Japan sign investment pact
Pretoria – The Department of Trade and Industry (dti) and the Bank of Tokyo-Mitsubishi UFJ Ltd have signed a Memorandum of Understanding (MoU) that will see the two parties collaborate in increasing Japanese investment into South Africa and strengthening relations between the two. [Read more…]
Model to boost SA’s financial system
Pretoria – South Africa’s move to a Twin Peaks model of regulation will boost the country’s resilience, as well as create a stable financial system, says the Financial Stability Board (FSB). [Read more…]
Govt committed to thriving mining industry
Cape Town – The government of South Africa is committed to creating a thriving and successful mining industry, the Minister of Mineral Resources Susan Shabangu said today. [Read more…]