Hope for BRICS Development Bank

Hope for BRICS Development Bank

Pretoria – South Africa says as host of the next BRICS summit next year, it has a duty to ensure that the grouping realises its dream of a Development Bank. “As the host of the next BRICS Summit, we have a contribution to make to the realisation of the...
SA economy improving

SA economy improving

Johannesburg – South Africa’s economy is improving but is vulnerable to problems in the Eurozone, says Finance Minister Pravin Gordhan. “Economic growth is reasonably stable,” Gordhan said at the Foreign Correspondents Association breakfast meeting in...
Targeted budget deficit is achievable

Targeted budget deficit is achievable

Pretoria – South Africa’s targeted budget deficit is achievable, says Deputy Finance Minister Nhlanhla Nene. The Deputy Minister was responding to scepticism over whether government’s targeted budget deficit of 4.6% in 2012/13 is achievable. “The end of the...
SA to BRICS Business Forum

SA to BRICS Business Forum

Pretoria – Business Unity South Africa (BUSA) has confirmed that it will be sending a delegation of over 50 companies to South Africa’s second BRICS Business Forum in New Delhi, India, which kicks off on Wednesday. BUSA CEO, Nomaxabiso Majokweni, said the...
DTI moots small business census

DTI moots small business census

Cape Town – The Department of Trade and Industry wants to run a regular small business census to help improve its support and funding to the sector as part of a revised policy to boost support to small businesses. Briefing the National Council of Provinces’ select...