GDP expected to come in lower than 2%

GDP expected to come in lower than 2%

Pretoria – The Gross Domestic Product for the third quarter is expected to come in lower than the growth seen in the second quarter, largely due to recent industrial action in the mining sector. “We expect GDP to have expanded by 1.4% quarter-on-quarter from the...
Boost for SA manufacturing sector

Boost for SA manufacturing sector

Pretoria – The launch of the Manufacturing Competitiveness Enhancement Programme (MCEP) has been a major boon to the manufacturing sector, says Trade and Industry Minister Rob Davies. “One hundred and eighty-seven projects with grant requests of R2.3...
TFR to transport hematite

TFR to transport hematite

Pretoria – The first train service to transport hematite products from Swaziland to South Africa’s Richards Bay will begin in November and is also expected to stimulate job creation, said Transnet Freight Rail (TFR). “TFR has successfully implemented the first...

SA, Czech boost economic relations

Pretoria – South Africa and the Czech Republic have recommitted themselves to further enhance trade and economic relations despite the current financial economic crisis negatively affecting many countries. The two countries represented by Deputy Trade and...