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SA, DRC must address trade imbalances

Pretoria – Trade and Industry Deputy Minister Elizabeth Thabethe has called on both Congolese and South African business people to address the trade…
GlobalBuzz-SA – Business News

Trade initiative gains momentum in DRC

Pretoria – Trade and Industry Deputy Minister Elizabeth Thabethe has arrived in the Democratic Republic of the Congo town of Lubumbashi for the…
GlobalBuzz-SA – Business News

Infrastructure development key to Africa success

Pretoria – Africa must address the challenges of inadequate infrastructure, small and fragmented markets, and inadequate diversification of…
GlobalBuzz-SA – Business News

SA must seize next mining boom

Johannesburg – South Africa needs to explore new opportunities in the mining industry if the sector is to help government tackle poverty and…
GlobalBuzz-SA – Business News

Four key infrastructure projects launched

Cape Town – The government is on target with regards to turning South Africa into a “huge construction site” with the launch this week of the fourth Strategic Infrastructure Projects (Sips) since February this year, President Jacob Zuma said on Wednesday. “We are poised to meet our target of turning South Africa into a huge […]

Four key infrastructure projects launched is a post from: GlobalBuzz SA

GlobalBuzz SA» Business

Petrol price to decrease by 55 cents

Pretoria – The petrol price is to come down by 55 cents a litre, the Energy Department said on Friday.

The price of 0.05% sulphur diesel and that of…
GlobalBuzz-SA – Business News

Vehicles sales surge in May

Pretoria – Vehicle sales surged in May, rising by 20.7% to 50 229 from 41 625 units in May 2011, the National Association of Automobile Manufacturers of South Africa (Naamsa) said. The 20.7% growth was above the growth rate in industry total sales of 9.4% for the first five months of the year. New car […]

Vehicles sales surge in May is a post from: GlobalBuzz SA

GlobalBuzz SA» Business

Govt hails improvement on land reform

Pretoria – Government says in its Mid Term Review report, released on Friday, in overall at least 6.8 million hectares of land have been transferred to beneficiaries between 1994 and 2011, through its Land Acquisition and Redistribution Programme and the Land Restitution Programme. This represents 27% of the target of transferring 24.5 million hectares by […]

Govt hails improvement on land reform is a post from: GlobalBuzz SA

GlobalBuzz SA» Business

SA economic outlook modest

Pretoria – South Africa’s economic outlook remains modest, says the Reserve Bank in its Monetary Policy Review (MPR). “The economic outlook for South Africa remains modest with a gradual recovery in domestic demand and supply expected, barring further international turbulence,” said the central bank as it released the MPR on Tuesday. In the review that […]

SA economic outlook modest is a post from: TheBizSense Network

TheBizSense Network» South Africa

SA will look to Nigeria for oil

Cape Town – With the uncertainty over supply of oil from Iran, South Africa is looking to Nigeria to purchase its oil, the Deputy President Kgalema Motlanthe said, following the signing of a Memorandum of Agreement with the Vice President of Nigeria, Namadi Sambo, on Wednesday. South Africa may be forced to comply with a […]

SA will look to Nigeria for oil is a post from: GlobalBuzz SA

GlobalBuzz SA» Trade