Pretoria – South Africa’s Gross Domestic Product (GDP) rose by 2.1% in the fourth quarter of 2012 – up from 1.2% in the third quarter, Statistics…
BizForums – Southern Africa
GDP rises by 2.1 percent in fourth quarter of 2012
March 11, 2013 By Leave a Comment
GDP expected to come in lower than 2%
November 27, 2012 By Leave a Comment
South Africa Mining Industry
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. [Read more…]
Boost for SA manufacturing sector
November 22, 2012 By Leave a Comment
Manufacturing Competitiveness Enhancement Programme
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. [Read more…]
TFR to transport hematite
October 17, 2012 By Leave a Comment
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). [Read more…]
SA, Czech boost economic relations
September 26, 2012 By Leave a Comment
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. [Read more…]
Current account deficit widens
September 11, 2012 By Leave a Comment
Pretoria – South Africa’s current account deficit widened to 6.4% of gross domestic product, its biggest since 2008, said the Reserve Bank.
Account Deficit
“With South Africa’s terms of trade also registering a modest further deterioration, the deficit on the current account of the balance of payments widened to 6.4% of gross domestic product, the highest deficit ratio since the third quarter of 2008,” said the Reserve Bank in its September Quarterly Bulletin released on Tuesday. [Read more…]
SA, Botswana sign trade agreement
September 3, 2012 By Leave a Comment
Botswana
South Africa and Botswana have signed a memorandum of understanding to promote trade and investment between the two countries and create opportunities for industrialisation and the manufacturing sectors. [Read more…]
Business Confidence falls
August 7, 2012 By Leave a Comment
Pretoria – Business confidence fell to 90.9 index points in July to a 12-year low, the South African Chamber of Commerce and Industry (Sacci) said on Tuesday. [Read more…]
SA among top business destinations
July 31, 2012 By Leave a Comment
South Africa Business Destination
Pretoria – South Africa remains in the top 15 ‘long-haul’ business events destinations in the world and is the premier business events destination in Africa, says Tourism Minister Marthinus van Schalkwyk. [Read more…]
Transnet forging ahead with infrastructure programme
June 27, 2012 By 2 Comments
Johannesburg – Despite a softening of cargo categories, Transnet is going ahead with its infrastructure build programme.
Transnet Infrastructure
“In the earlier months of the current financial year, we have seen a softening particularly with the container volumes – imports and exports that we handle – for a variety of reasons,” Transnet Port Terminals (TPT) chief executive officer Karl Socikwa said at a breakfast briefing of the Africa Ports and Harbours Show. [Read more…]
