Cabinet hails green economy partnership

Pretoria – Cabinet has commended South Africa’s labour, business and civil society for partnering with government in signing the Green Economy Accord, which it said strengthened the country’s position leading up to the Durban COP17 conference next week. The...
Taxation amendments aim to assist economy

Taxation amendments aim to assist economy

Pretoria – Adjustments to the country’s taxation bills currently before Parliament aim to help grow the South African economy, and will alleviate the burden on ordinary working citizens, says Finance Minister Pravin Gordhan. Speaking at the debate on National...
SA economy slacks growth

SA economy slacks growth

Pretoria – The South African economy’s Real Gross Domestic Product (GDP) contracted to 1.3% in the second quarter of 2011, the slowest rate in almost a year. “Real GDP at market prices increased by 1.3% during the second quarter of 2011 compared with...
SA economy set to grow

SA economy set to grow

Cape Town – South Africa’s economy has been projected to grow between 3.5 and 3.8 percent this year, up from -7.1 and 2.8 percent in the last two years respectively. The Financial and Fiscal Commission revealed this on Monday, indicating that the growth showed the...
DTI secures R28bn in investments for SA

DTI secures R28bn in investments for SA

Cape Town – The Department of Trade and Industry has helped to conclude a total of R28 billion in investments in the South African economy and aims to help facilitate R115 billion in investments in the next few years, the Minister of Trade and Industry Rob Davies said...