Cape Town – Tax revenue grew by R68.5 billion in the last financial year – to total R742.6 billion – R3.9 billion more than forecast by the Minister of Finance Pravin Gordhan when he presented his 2012 Budget in February, the South African Revenue...
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...
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...
Pretoria – South Africa’s current account deficit widened to 6.4% of gross domestic product, its biggest since 2008, said the Reserve Bank. “With South Africa’s terms of trade also registering a modest further deterioration, the deficit on the...
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. The signing follows a two-day state visit by President Jacob...