Pretoria – South Africa is the highest ranked country in sub-Saharan Africa, according to a report by the World Economic Forum (WEF). “South Africa moves up by four places to attain 50th position this year, remaining the highest-ranked country in sub-Saharan...
Pretoria – President Jacob Zuma has called for an end to the squabbles that have led to noticeable divisions within the country’s business sector following a decision recently by the Black Management Forum to cut ties with Business Unity South Africa. The...
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...
Pretoria – Government says the International Monetary Fund (IMF) report on South Africa is a fair assessment of the fiscal situation in the country. “Though the government does not share all the views expressed in the IMF report, the report is a fair assessment of the...
Pretoria – Retail trade sales increased by 2.2% year-on-year in June from a revised 0.2% in May, Statistics South Africa (Stats SA) said. According to Stats SA, the highest annual growth rate was recorded for retailers in pharmaceutical and medical goods,...
