02-MAY-13·	The fault lines that are limiting SA’s progress
	Posted by | economy
	We all have a role to play in supporting democracy and in shifting the culture of speculation and finger pointing towards a more balanced society that delivers the better life for all. Walter Baets discusses four fault lines that continue to undermine this goal.

11-APR-13·	Is shared value in business possible in SA?
	Posted by | economy
	We are at a defining moment in our country’s history. The tragic violence brought on by Marikana, the multitude of service boycotts, countless reports of corruption, ineffective policy execution and the high inequality levels in South Africa, are indicators that the country has broadly-based value creation issues.

25-MAR-13·	Business shows signs of shifting CSR thinking
	Posted by | economy
	The growth of Fairtrade and other initiatives such as Woolworths’ Farming for the Future drive are indicative of a growing realisation that social and environmental threats to business won't go away unless business itself does something about them.

14-FEB-13·	Support to small businesses must be increased - Ramaphosa
	Posted by | economy
	The National Planning Commission has stated that small businesses should be receiving increased support as it formed the backbone of the SA economy. The commission makes various proposals to boost support to small businesses and calls for more business incubators to be set up to assist small firms.

22-JAN-13·	The essential competencies of a leader
	Posted by | economy
	There is no doubt that today’s leadership across all sectors is in turmoil. With issues such as poor governance, non-compliance and a weakening economy facing the private and public sector, upcoming and present leaders need to understand how to deal with these challenges, as well as adequately develop their skills.

10-JAN-13·	Business confidence rebounds
	Posted by | economy
	The SA Chamber of Commerce and Industry stated that business confidence in December has improved. However it is still not at a convincing level to investors. Despite the pace of decline in business confidence having moderated during the year the level at the end of 2012 was still unacceptably low.

07-DEC-12·	Business confidence declines marginally in November
	Posted by | economy
	The South African Chamber of Commerce and Industry stated that the November Business Confidence declined marginally due to an unfavourable domestic and world economic climate.

14-NOV-12·	State to continue to play a role in the economy: Gigaba
	Posted by | economy
	The state will continue play a role in contributing to the economy and state owned companies. This came after the state's involvement with the country's airline South African Airways was questioned. The state claimed that it was their duty and right to support the airline as it did with Eskom.

06-NOV-12·	Companies paying bonuses despite tough markets
	Posted by | economy
	While the economic environment remains strained and company performance may be tepid the latest Jack Hammer Corporate Survey reveals that companies are sticking with their bonus culture, and their obligations.

05-NOV-12·	Simplify tenders to boost economy, CEO urges
	Posted by | economy
	An over-complicated tender allocation process delays infrastructural development while creating an environment for corruption to thrive. Government needs to ensure that tenders are simplified and accessible to businesses at all levels of the economy.

31-OCT-12·	Is B-BBEE really benefiting its intended target market?
	Posted by | economy
	While B-BBEE is supposed to benefit those that suffered through the apartheid regime, it is not necessarily reaching those that it was intended for and who are most in need of help, according to Deon Oberholzer.

30-OCT-12·	New BBBEE codes could endanger economy
	Posted by | economy
	The amended BBBEE Codes will result in most businesses dropping from their current BEE level or becoming non-compliant. This could spell disaster for multi-nationals and the economy as a whole.

24-OCT-12·	CESA pleased that Government recognises weaknesses
	Posted by | economy
	CESA is pleased with the honest approach from the government’s side in recognising the weaknesses in terms of the State spending on infrastructure as well as public sector capacity and cumbersome procurement issues, CESA CEO, Graham Pirie argues.

17-OCT-12·	How greener buildings impact our environment
	Posted by | economy
	Buildings consume a surprisingly large amount of energy as well as taking up large amounts of land. Greener buildings could significantly reduce this consumption and would be more sustainable. The overall aim would be to cut the overall effect of industrialisation on the environment.

07-AUG-12·	President Zuma assures investors
	Posted by | economy
	South African investment into the massive infrastructure programme is expected to attract investors to do business in the country. This forms part of government’s aim to create an environment that encourages investment.

06-AUG-12·	SA wants extension of African Growth Act
	Posted by | economy
	The African Growth and Opportunity Act which offers incentives for African countries to continue their efforts to open their economies and build free markets expire in 2015, but the South African government has called for an extension.

31-JUL-12·	SA still among top business destinations
	Posted by | economy
	Business events tourism has been recognized as an area with significant growth potential, and Government has established the first South African National Convention Bureau (SANCB) to further promote growth in the conferencing industry.

31-JUL-12·	National Science Week gets underway
	Posted by | economy
	National Science Week launched at the University of Johannesburg confirms the Department’s contribution to the gradual transformation of South Africa’s resource-based economy to a knowledge economy.

19-JUL-12·	Reasons why you should start an export or import business
	Posted by | economy
	If you can identify a product that is produced particularly well in your country, but does not yet exist in a country where it will be demanded, this provides a perfect business opportunity. Pierre Heistein talks about the purpose and benefits of trade.

16-JUL-12·	More tourists visit SA in the first quarter of 2012
	Posted by | economy
	South Africa saw exceptional growth in tourist arrivals in the first quarter of 2012 which could be ascribed to significant investments in the South African tourism industry in time, energy and resources according to Tourism Minister Marthinus van Schalkwyk.

06-JUL-12·	The 21st century must be an African one
	Posted by | economy
	Despite the many challenges facing Africa, the continent has the power to capitalise on opportunities and make the 21st century an African one says Home Affairs Minister Nkosazana Dlamini Zuma.

06-JUL-12·	GSB helps creative entrepreneurs take advantage of golden economy
	Posted by | economy
	The Business Acumen for Artists programme was originally set up to empower creative entrepreneurs and artists to better meet their new roles in South Africa’s ‘Golden Economy’ and this year is no different.

28-JUN-12·	PPI unchanged at 6.6%
	Posted by | economy
	The Producer Price Index remained unchanged at 6.6% in May, Statistics South Africa (Stats SA) said and interest rates are expected to remain unchanged until around March 2013.

27-JUN-12·	Free State school makes the right investment
	Posted by | economy
	Despite limited access to resources, Beang Tse Molemo Secondary in Reddersburg claimed a top spot in the JSE/Liberty Investment Challenge. The competition aims to educate South African youth about investing in the stock exchange and the large role that investment plays in our economy.

25-JUN-12·	Tourism still paramount to SA’s growth
	Posted by | economy
	Despite the current global financial problems which continue to impact the industry, tourism will continue to play a central role in the country’s economy, Tourism Deputy Minister Tokozile Xasa says.

20-JUN-12·	President Zuma ‘satisfied’ with G20 meeting
	Posted by | economy
	While there is still a long way to go before the development goals pursued by Africa are met, President Jacob Zuma is “satisfied” with the progress made at this year’s G20 meeting.

19-JUN-12·	BRICS leaders meet on the sidelines of G20
	Posted by | economy
	Breaking away from the official G20 summit, leaders of the BRICS nations convened to discuss the plight of these five emerging economies and have agreed to increase co-operation between the nations.

19-JUN-12·	SA to invest $2bn in IMF
	Posted by | economy
	At the G20 Summit in Cannes in November 2011, leaders agreed to increase the resources of the International Monetary Fund so it can serve as a backstop in the event of further deterioration in the Eurozone situation.

04-JUN-12·	Vehicles sales surge in May
	Posted by | economy
	Vehicle sales surged in May, rising by 20.7% to 50 229 from 41 625 units in May 2011, the National Association of Automobile Manufacturers of South Africa (Naamsa) said.

21-MAY-12·	BPS industry has potential for job growth
	Posted by | economy
	The Business Process Services (BPS) industry has been steadily increasing in size and importance to the South African economy and has proven to be a sector with potential for job growth.

21-MAY-12·	SA urged to boost innovation
	Posted by | economy
	In order to compete on an international level South Africa needs to strengthen its science and technology sectors and boost research and innovation in those areas to attract investment.

14-MAY-12·	Van Schalkwyk pushes for sustainable tourism
	Posted by | economy
	South Africa needs to invest much more seriously in energy-efficiency products, green building design, the roll-out of renewable energy technologies and consumer education if it wishes to create a sustainable tourism sector.

09-MAY-12·	Motlanthe invites Germany to invest in SA’s infrastructure
	Posted by | economy
	The massive infrastructure development plan revealed during the State of the Nation Address grabbed the spotlight once again at the 7th South Africa - Germany Bi-National Commission.

07-MAY-12·	Smartphone app boosts interest in SA
	Posted by | economy
	The Smartphone app 'South Africa Travel: The Rainbow Nation' which is a complete tourist and business guide to South Africa is rapidly selling thousands of copies and receiving four-star and five-star ratings.

11-APR-12·	Cederberg trek route to create employment
	Posted by | economy
	The Department of Tourism’s National Rural Strategy aims to create community-driven tours for international and domestic tourists. As part of this initiative the Cederberg Donkey Cart Route was created to attract visitors to the popular Cederberg Mountain range.

22-MAR-12·	How to grow your small business to a medium-sized business
	Posted by | economy
	"The key to growing a business and expanding the footprint is to document all business systems, processes and routines utilised during a typical day of operation." This is according to Cheryl Nesbitt, founder and owner of South African cooking school, Capsicum Culinary Studio.

05-MAR-12·	Complacency will kill the cat
	Posted by | economy
	South African businesses are in for a rough ride financially if they fail to accept new economic norms and the unique challenges of the country’s position, experts have warned.

02-MAR-12·	SA banks well capitalised, says Reserve Bank
	Posted by | economy
	As part of a global assessment of the systemic support levels incorporated in banks' deposit and debt ratings Moody's Investors Service downgraded by one notch the senior debt and deposit ratings of five South African banks.

01-MAR-12·	SA becoming world’s favourite events destination
	Posted by | economy
	South Africa is set to host over 200 international conferences over the next five years, which is estimated to attract 300 000 delegates and provide an economic boost of more than R1.6 billion.

20-FEB-12·	Looming recession to stifle employment in SA
	Posted by | economy
	A second wave of recession is expected to hit South African shores in 2012 and further impede growth and employment opportunities in the country. Job seekers and employed professionals alike have been warned to prepare for potential job cuts and other associated challenges in the labour market.

13-FEB-12·	Zuma, labour meet in Pretoria
	Posted by | economy
	Unions have a role to play in helping South Africans navigate through the tough economic times and at the same time government should give them the space to do so, says President Jacob Zuma.

08-FEB-12·	Unemployment falls to 23.9%
	Posted by | economy
	Releasing the Quarterly Labour Force Survey for the fourth quarter Stats SA said that employment increased by 365 000 in the fourth quarter of 2011, this is the first growth observed on a year-on-year basis in quarter four since 2009.

01-FEB-12·	Direct flights to China to boost SA economy
	Posted by | economy
	Trade between China and SA received a major boost when direct flights to the Asian continent were incorporated into SA's flight schedule. The nonstop flight promises to facilitate both business and leisure travel between the two countries

31-JAN-12·	Tourism sector to boost the economy
	Posted by | economy
	The National Tourism Sector Strategy (NTSS) seeks to increase tourism's total direct and indirect contribution to the economy to R499 billion by 2020 said Tourism Deputy Minister Tokozile Xasa.

09-JAN-12·	Local youth receive support
	Posted by | economy
	Two organisations working at opposite ends of the employment spectrum in South Africa are giving young people a greater chance of finding a job and gaining the skills and dignity they need to live more purposeful lives.

24-DEC-11·	SA economy shows positive Christmas signs
	Posted by | economy
	2011 is the year global economies would rather forget: the Eurozone and the United States economies reeled from crisis to crisis, and while many businesses closed their doors for good this year in South Africa and unemployment is high, there is evidence of an upturn in retailing.

14-DEC-11·	More jobs in non-agricultural sector
	Posted by | economy
	There are a growing number of people finding employment in the formal non-agriculture sector according to a recent Stats SA survey which covered private and public enterprises across the country.

08-DEC-11·	On the road to sustainable transformation
	Posted by | economy
	Siyakha Consulting is ramping up operations to address the expanding transformation and sustainability needs of the KwaZulu-Natal economy.

14-NOV-11·	Working the day and night away
	Posted by | economy
	The days of the 9-to-5 office hours are over confirms a new Regus study that finds most South African workers stay late and bring work home with them, which could be damaging the health and overall productivity of employees in the long run.

03-NOV-11·	Execs play it safe in uncertain times
	Posted by | economy
	Prudent companies in South Africa are increasingly turning to new ways of working to fuel growth despite falling business confidence, according to Regus, an international provider of flexible workplaces.

02-NOV-11·	Over a million South Africans volunteer
	Posted by | economy
	In the second quarter of 2011, about 1.2 million South Africans were involved in volunteer work, says Statistics South Africa (Stats SA) citing that white educated women made up the biggest volunteer group.

13-OCT-11·	Organisations need to grow laterally
	Posted by | economy
	Whether you're an entrepreneur, a mid-level manager, a team leader or a CEO in a newly formed organization or a mature organization, knowing the lifecycle of your organization and being able to influence the movement of that organization is critical to its growth and predictable success.

28-SEP-11·	Fewer people employed in 2010
	Posted by | economy
	The effects of the economic downturn could still be felt in 2010, with 395 000 fewer employed people in South Africa and job loss being felt across all industries with the exception of community and social services and transport according to Statistics South Africa (Stats SA).

22-SEP-11·	Increasing the skills pipeline for economic growth
	Posted by | economy
	Skills shortages within the engineering and IT sectors is one of the major impediments to economic growth, and the key to reducing unemployment as Sandra Burmeister says 'each skilled professional has the capacity to create jobs on an exponential basis.'

08-SEP-11·	SA highest ranked country in sub-Saharan Africa
	Posted by | economy
	A report released by the World Economic Forum which assesses the ability of countries to provide high levels of prosperity to their citizens, depending on how productively they use available resources has rated South Africa number one within sub-Saharan Africa.

07-SEP-11·	Tailor-made housing finance needed for Africa – Sexwale
	Posted by | economy
	Financial planning for housing is more likely to meet the needs of citizens in future if housing financiers heed the calls made by Human Settlements Minister Tokyo Sexwale to provide tailor made products that are 'sensitive to the environment in which African economies operate'.

30-AUG-11·	SA faces development challenges - Davies
	Posted by | economy
	South Africa may have institutions that meet world class standards but business should not lose sight of the fact that SA is not a developed country and has yet to overcome challenges that are developmental in nature such as poverty, inequality and unemployment said Minister Rob Davies.

24-AUG-11·	Idasa commends support for emerging farmers
	Posted by | economy
	Idasa's Public Expenditure and Smallholder Agriculture Project has welcomed the Land Bank's commitment to spend R1 billion on emerging farmers in the next two years to promote rural employment, build value chain development and encourage investment in agriculture.

23-AUG-11·	SARS lauded for stunning service
	Posted by | economy
	SARS has been praised for its efficient service at the annual national Payroll Association conference when statistics presented in the 2009/ 2010 tax year, revealed that SARS collected approximately R206 billion, a hefty sum that would make an important contribution to the economy said Commissioner Oupa Magashula .

22-AUG-11·	Zuma: SARS must be independent
	Posted by | economy
	President Jacob Zuma commended SARS for earning the reputation of a 'credible, objective, apolitical and non-partisan institution of state" while Finance Minister Pravin Gordhan praised the government entity for its role in strengthening the South African economy during a time of global economic instability.

18-AUG-11·	SOEs must help with transformation
	Posted by | economy
	Public Enterprises Minister Malusi Gigaba has called on state owned enterprises to 'increase the participation of black people in the mainstream economy' making it clear that companies owned by the state have a responsibility to help government achieve its socio-economic goals.

11-AUG-11·	US downgrade will affect SA
	Posted by | economy
	The downgrading of the US government's top-notch credit rating and intensifying strike action will impact South African exports at a time when the world is 'slogging through a sluggish recovery from the global economic meltdown.'

10-AUG-11·	Business confidence falls in July
	Posted by | economy
	In its monthly index released on Wednesday, the South African Chamber of Commerce and Industry’s Business Confidence Index said the index had deteriorated to its lowest, reaching a total of 99 points in July while SA's ‘strike season’ was putting further pressure on an already embattled economy.

10-AUG-11·	Forex will shield SA – Reserve Bank
	Posted by | economy
	South Africa’s low lending rate and the Reserve Bank’s stockpiling of more than $50 billion in foreign currency would help shield the country from some of the turmoil experienced by global markets in recent days, Johan van den Heever, the Reserve Bank’s deputy chief economist said today.

03-AUG-11·	Slow growth in July vehicle sales
	Posted by | economy
	Vehicle sales slowed to 10.5% year-on-year in July, the National Association of Automobile Manufacturers of South Africa (NAAMSA) said.

02-AUG-11·	Ministers challenge Walmart-Massmart merger
	Posted by | economy
	Ministers Ebrahim Patel, Rob Davies and Tina Joemat-Pettersson have listed their reservations over the Walmart-Massmart merger which has been approved by the Competition Tribunal, emphasising the potential implications for the South African economy.

29-JUL-11·	PPI rises to 7.4% in June
	Posted by | economy
	The Producer Price Index (PPI) in June rose to 7.4 percent, Statistics South Africa (Stats SA) said on Thursday.

27-JUL-11·	GDP forecast upped
	Posted by | economy
	Better household consumption and fixed investment has resulted in a positive outlook for the local economy and analysts agree that South Africa’s Growth Domestic Product (GDP) is likely to grow by 0.1 percent to 3.8 percent at the end of the year.

12-JUL-11·	Unlocking economic opportunities in Africa
	Posted by | economy
	Industrial economist Foluso Phillips shared his insights into the African economy and the opportunities that are available to businesses who know how to identify them, when he spoke at the USB Africa Day event, which aimed to create awareness about the unlimited potential of the African continent.

09-MAY-11·	Playing globally, winning locally - tourism is about people.
	Posted by | economy
	Opening Indaba 2011 - Africa's biggest travel and tourism show - Tourism Minister Marthinus van Schalkwyk told delegates that although much emphasis has been placed on tourism being an economic vehicle, it is also about people. Indaba 2011 is being held at the Inkosi Albert Luthuli International Convention Centre under the banner: "Playing globally, winning locally".

18-APR-11·	Cultural and creative industry stakeholders commit to developing creative economy
	Posted by | economy
	Stakeholders - including government representatives, business, labour and civil society, managers and practitioners in the arts, culture and heritage sectors - in the arts, culture and heritage industry have pledged to work collectively to identify and develop talent and raise levels of quality even higher. An extract from the conference declaration reads: "Our culture and heritage is key to nation building and social cohesion, and these are the ingredients for creating a climate of social stability and economic growth."

11-APR-11·	South Africa goes to first BRICS Summit with much to offer
	Posted by | economy
	South Africa may be the new kid on the block when it arrives at this week’s Bric summit in China, but the country has much to offer as a gateway to Africa with one of the strongest financial sectors in the world, and with its tradition of independent decision making it’s not likely to be swept aside by the summit’s bigger members, say analysts.

23-FEB-11·	New world order an opportunity for SA – Gordhan
	Posted by | economy
	The burgeoning economic growth of Africa and the Bric countries represent an “epoch-changing” shift in the global economy and an opportunity for South Africa, the Minister of Finance Pravin Gordhan said in his Budget Speech in Parliament on Wednesday.

23-FEB-11·	SA putting the S into BRICS
	Posted by | economy
	South Africa was invited on 23 December 2010 to become a member of the BRIC (Brazil, Russia, India, China) group of countries when the Chinese president extended an invitation to President Jacob Zuma. As a collective, BRICS has the potential to dominate the economy of the world in the next decades. The grouping will be producing an annual compedium of information and StatsSA outlines the anticipated content.

07-FEB-11·	No more loopholes for employers
	Posted by | economy
	In December 2010, the Minister of Labour announced changes to a series of labour laws - the Basic Conditions of Employment Act, the Labour Relations Act, and the Employment Equity Act, and the introduction of an additional law covering Employment Services. Ivan Israelstam continues his series of articles providing his assessment of the proposed legislative changes.

31-JAN-11·	New United Nations Women body introduced at African Union
	Posted by | economy
	“When women take their rightful place at the negotiating table, in the parliament and in leadership positions across society, we can unleash Africa’s enormous potential." In addressing the 16th African Union Summit, Ban Ki-Moon welcomed the introduction of "UN Women" - the newest UN entity. He stressed the importance of empowering African women who produce food, raise children and drive the economy.

26-JAN-11·	SA must proceed cautiously with BRIC countries, say analysts
	Posted by | economy
	South Africa’s invitation to join the exclusive Brazil, Russia, India and China (BRIC) grouping has been welcomed by many but some analysts caution that the country needs to tread carefully if it is to avoid being taken advantage of by its much larger fellow BRIC members.

26-JAN-11·	SA growth projections lower in 2011, 2012
	Posted by | economy
	The South African economy is projected to grow by 3.4 percent in 2011, down by 0.1 percent from previous projections, the International Monetary Fund (IMF) has said in it's World Economic Outlook report.

03-JAN-11·	BUSA cautiously optimistic for 2011 economy
	Posted by | economy
	Business Unity SA is "cautiously optimistic" for the 2011 economy, interest rates are likely to remain low and 3.5 - 4% growth is predicted. BUSA President Futhi Mthoba says that the debate around the New Growth Path represents an excellent opportunity for business to contribute to the vision for the SA economy - and to its implementation.

06-DEC-10·	A growth path for women in business
	Posted by | economy
	Des Squire argues that the New Economic Growth Path is a great opportunity to support the role of women in the economy. "We have many very capable women who are starting to stand out as leaders in industry. Women are our future and can motivate and challenge men in terms of the future".

02-DEC-10·	UN forecast - grim outlook for 2011 global economy
	Posted by | economy
	The recovery from the global economic crisis has been faced with setbacks since the middle of 2010 and the outlook for growth in 2011 remains grim, states a new UN report pre-released on 1 December. The report points to high unemployment rates, fiscal tightening and the risks of global currency wars.

25-NOV-10·	Beauty care still strong despite the economy
	Posted by | economy
	Vanity experiences no recession! Card swipe specialists SureSwipe have noticed that despite the current stress on consumers, beauty care has barely affected. David Gilson from Carlton observes, "if anything, women and men are realising that it is even more important to look good if you want to secure a sale or new clients".

12-OCT-10·	Dti commends EU contribution to economy
	Posted by | economy
	The European Union programme to promote SMME growth - including Black Empowerment businesses - and to promote job creation in the process, has been celebrated as a success. For more details of "SWEEEP" ...

29-SEP-10·	Bigger voice for SA in world economy
	Posted by | economy
	South Africa will assume the influential chairmanship of the INTOSAI - which is the second biggest institution after the United Nations - in November this year when it will host the 20th INTOSAI congress in Sandton, Johannesburg, this year. For details ...

17-SEP-10·	Skilled workers key to growing SA’s economy
	Posted by | economy
	The recent pledge taken by education stakeholders and the International Labour Organisation (ILO) to increase the number of artisans in the country, in line with industry needs, will give the country a much needed boost, writes Gabi Khumalo.

25-AUG-10·	GDP increase 3.2% in second quarter
	Posted by | economy
	South Africa’s Gross Domestic Product (GDP) increased by 3.2 percent in the second quarter of 2010, according to Statistics South Africa (Stats SA). This was slower than the first quarter when growth was recorded at 4.6 percent.

07-JUL-10·	Growth outlook positive but economic recovery fragile and uneven
	Posted by | economy
	Recovery from the global financial crisis is fragile and uneven says Reserve Bank governor Gill Marcus.

02-JUL-10·	Gordhan counts World Cup benefits
	Posted by | economy
	As the FIFA World Cup draws to an end next weekend, the economic and social benefits created by the event will continue to benefit South African long after the visitors have left the country, says Finance Minister Pravin Gordhan.

29-JUN-10·	New VAT form available
	Posted by | economy
	The South African Revenue Service (SARS) has announced a new form for the remittance of Value Added Tax - the VAT 201 form became available on e-filing on 28 June 2010.

28-JUN-10·	World leaders aim to cut deficits
	Posted by | economy
	Leaders of the world's biggest countries have pledged to halve budget deficits by 2013 and stabilise or reduce government debt by 2016.

25-JUN-10·	Counterfeit World Cup goods dent South African economy
	Posted by | economy
	INTA announced this month that imports of counterfeit World Cup clothing to South Africa have blighted the country’s textile industry. INTA drew upon figures from the South African Clothing and Textile Workers Union (SACTWU), which indicate that 14,400 jobs have been cut in the country’s textile sector over the past year as a result of World Cup fakes.

25-JUN-10·	PPI rises to 6.8% in May
	Posted by | economy
	The Producer Price Index rose to 6.8 percent in May, reported Statistics South Africa (Stats SA).

23-JUN-10·	SA’s economy can be more effective - Gordhan
	Posted by | economy
	South Africa has to reposition itself in a way that it becomes more competitive, says Finance Minister Pravin Gordhan.

23-JUN-10·	Major boost for SA economy during World Cup
	Posted by | economy
	The South African economy is receiving a massive boost from international tourists who are in the country for the 2010 FIFA World Cup. This is according to the latest new card holder spending data from Visa.

20-JUN-10·	World Cup ‘turning point’ for South Africa
	Posted by | economy
	As the 2010 FIFA World Cup unfolds in South Africa, the international community is not only watching the action on the pitch; they are also witnessing a South Africa that is continuing to emerge as a competitive 21st century economy, says consulting firm Deloitte.

23-MAY-10·	Invest in green economy- Patel
	Posted by | economy
	Economic Development Minister Ibrahim Patel says moving to cleaner energy sources will hold enormous opportunities for the country’s economy.

23-MAY-10·	Zuma backs green economy
	Posted by | economy
	Government will embark on a new growth path aimed at creating jobs through a green economy - green technologies and climate friendly initiatives.

17-MAY-10·	Productivity levels are at an all time low!
	Posted by | economy
	If you are asking “how can I increase employee productivity” when most people are asking “how can I cut costs” then that’s a great sign. A 1% increase in productivity produces more than 10 times the impact of a 1% decrease in costs.

14-MAY-10·	Zuma concerned about job losses
	Posted by | economy
	The continued loss of jobs this year, including those recovered in the final quarter of 2009 is a cause for concern for the government and requires renewed action, President Jacob Zuma has said.

05-APR-10·	SARS results show economy is recovering
	Posted by | economy
	South Africa's revenue performance for the past year could be confirmation that the country's economy is on its way to recovery. The SA Revenue Service (SARS) has reported an impressive R598.5 billion revenue collection for the 2009/10 financial year which is R8.1 billion more than the revised estimate made in February.

24-FEB-10·	GDP beats market expectations
	Posted by | economy
	South Africa’s Gross Domestic Product in the fourth quarter of 2009, which is up 3.2 percent, has exceeded market expectations.

12-FEB-10·	Big business optimistic about SONA
	Posted by | economy
	President Jacob Zuma’s State of the Nation Address is encouraging to business, the South African Chamber of Commerce and Industry (SACCI) said on Thursday. The tone of the President’s address, supported by the promise of improved economic activity and growth, is encouraging to business and should promote business confidence at a time when business confidence is constrained, said SACCI.

24-NOV-09·	SA emerging from recession
	Posted by | economy
	South Africa’s Gross Domestic Product (GDP) for the third quarter of 2009 increased by 0.9 percent, Statistics South Africa (Stats SA) announced. “The seasonally adjusted real GDP at market prices for the third quarter of 2009 increased by an annualized 0.9 percent compared with the second quarter of 2009,” said Stats SA.

27-OCT-09·	Government plans to transform economy
	Posted by | economy
	Government plans to transform the economy by expanding growth and job creation, while developing a more effective public service, says Finance Minister Pravin Gordhan. He said a sound fiscal position has allowed government to sustain public services and to increase spending on investment aimed at raising future growth.

18-AUG-09·	Top organisations are recruiting with recovery in mind
	Posted by | economy
	SA companies looking to turn the corner once the economy improves should focus on recruiting scarce skills now in order to ready themselves for a return to the good times.

28-JUL-09·	SA weathering downturn quite well - Fitch
	Posted by | economy
	South Africa is weathering the global recession quite well compared with other countries, and political risk has eased since April’s smooth transfer of power to the new administration, says global rating agency, Fitch.

23-JUL-09·	Leadership for a new economy
	Posted by | economy
	Academia has the responsibility to develop a theoretical foundation – an academic base – to develop a system of capital that is socially responsible. If we continue to educate executives, accountants, teachers - without inculcating how they contribute to our economy, to our country, then we have failed. From Business, we need executives who have a “contextual intelligence”. To simply close down factories without any regard to the effect upon the individuals, upon society, upon our country, or to extract our mineral wealth while completely disregarding the “person” – that ivory tower mentality is no longer appropriate. These dual challenges - to our innovative ability and to our common humanity – were laid down by Iqbal Survé in an inspiring presentation this week to the UCT Leadership Forum.

08-JUN-09·	SA must ease the gap between rich, poor
	Posted by | economy
	One of President Zuma's most difficult tasks in governing the country will be balancing the interest rates and trying to navigate South Africa through its first recession in 17 years. Here the President answers questions posed by the SABC1 recently.

12-MAY-09·	Jobs beyond 2010 a possibility says GTA
	Posted by | economy
	"The key for us is to ensure that the jobs created in our industry are carefully thought out to ensure that as many as possible are sustained past (the FIFA Confed Cup and World Cup) in order to bolster our economy and enable our nation," said GTA Board Chairman, Khehla Mthembu, at the South Africa Tourism Indaba recently.

04-APR-09·	Greater cooperation needed to restore global growth
	Posted by | economy
	Greater cooperation and collaboration is now required by leaders of the G20 to restore global growth, especially on the African continent. That was the comment from Finance Minister Trevor Manuel when he returned from the G20 summit in London.

01-APR-09·	G20 to map out road to recovery for the world’s economy
	Posted by | economy
	Pressure is heavy on 2009’s G20 global summit, as for the first time in 60 years the IMF predicts the world economy will shrink. Key issues likely to be discussed include reviving markets, restoring lending, tougher rules for banks, bigger role for the IMF and more help for developing countries.

30-MAR-09·	Transnet, Japan sign loan agreement to widen Durban harbour
	Posted by | economy
	Transet and international Japanese company, JBIC, are together improving Durban harbour's breadth and width. “This project has a very significant implication for the South African economy," said Toshiro Machii, department head of JBIC.

27-MAR-09·	PPI comes in at 7.3% in February
	Posted by | economy
	Mike Schussler, economist at Economists.co.za, responds:"This is very good news. It is absolutely good news after the disappointing CPI figure earlier this week. I suspect that it is mostly due to collapsing commodity prices. PPI’s downward trend is driven by lower commodity prices, while CPI is driven higher by services fees."

26-MAR-09·	Inflation comes in higher than expected
	Posted by | economy
	…inflation, particularly food inflation, is a problem: we must, however, bear in mind that overall inflation is in a downward spiral,” said Chris Hart of Investment Solutions. According to new inflation statistics, average prices have increased more than analysts expected.

12-MAR-09·	Outcomes of task team expected end of March
	Posted by | economy
	The reports of five task teams, established by government to look into the effects of the global economic crisis on certain sectors in South Africa, will be released at the end of the month.

25-FEB-09·	SA’s GDP drops 1.8 percent in fourth quarter 2008
	Posted by | economy
	South Africa’s Gross Domestic Product (GDP) figure at market prices for the fourth quarter of 2008 has contracted by 1.8 percent quarter-on-quarter (q/q) from 0.2 percent growth in the third quarter, Statistics South Africa (Stats SA) announced.

19-JAN-09·	China to continue assisting African countries
	Posted by | economy
	Despite the world economic crisis, China's Foreign Minister Yang Jiechi has pledged that China would continue providing assistance to African countries.

15-JAN-09·	A New Companies Bill for South Africa
	Posted by | economy
	The Bill is in the first phase of a larger South African corporate law reform process to modernise the existing Companies Act 61 of 1973.

10-DEC-08·	Retail trade sales drop
	Posted by | economy
	Retail trade sales at constant price for the first 10 months of 2008 reflected a decrease of 2.2 percent compared to the same period in 2007. According to the data released by Statistics South Africa (Stats SA), retail trade sales at constant prices for October 2008 alone decreased by 2.3 percent compared to October 2007.

25-NOV-08·	Economy vs. Training? – Give training the nod!
	Posted by | economy
	In South Africa our incessant skills shortages are a point of serious concern. Yet despite this, companies cannot afford to be blinded into inaction because of the stats we read or what the media reports. Without efficient, knowledgeable staff a company’s productivity and turnover can seriously be undermined adding to the headache of an already slow economy.

24-NOV-08·	Global market turmoil no threat to 2010 - Jordaan
	Posted by | economy
	Despite the current global economic turmoil, South Africa’s preparations for the 2010 FIFA World Cup are in their final stages and will not be affected greatly says Local Organising Committee CEO Dr Danny Jordaan.

13-NOV-08·	World Bank cuts growth forecast amid global financial crisis
	Posted by | economy
	The World Bank lowered its growth forecast for the world economy to only 1 percent in 2009 due to the impacts of the global financial crisis. The bank also lowered its growth forecast for developing country economies to 4.5 percent for 2009, compared to a previous projection of 6.4 percent in June.

06-NOV-08·	More skilled workers are moving across borders
	Posted by | economy
	Human resources professionals, recruiters and managers are finding it increasingly difficult to source the necessary talent within South Africa to grow their businesses and remain competitive. This is likely to remain an issue for the next 15 to 25 years as education systems adapt to produce more appropriately prepared and skilled individuals, according to Leon Isaacson, managing director of Global Migration SA.

05-NOV-08·	Food, oil dominate 2008 global economy
	Posted by | economy
	The South African Reserve Bank’s Monetary Policy Review (MPR), highlighted that price increases in food and oil, coupled with a fluctuating exchange rate has dominated the economy in 2008. The inflation rate for the overall food price component within the Consume Price Index excluding interest on mortgages (CPIX) increased from 15.6 percent in March to 19.2 percent in August, before slowing to 17.9 percent in September 2008

20-OCT-08·	Global economic turmoil should not affect 2010
	Posted by | economy
	The current global financial turmoil should not affect government’s guarantees towards hosting the 2010 FIFA World Cup, says Trade and Industry Minister Mandisi Mpahlwa. “Financially speaking South Africa is in good standing and we will deliver on our promise of hosting the biggest soccer event,” said the minister.

08-SEP-08·	Internal tourism to assist growth in local economy
	Posted by | economy
	Tourism in South Africa is on the increase, despite economic challenges experienced in 2008. Now Gauteng Tourism Authority has appealed to South Africans to spend some time exploring Gauteng. Not only has there been a 7.6% growth in foreign visitors, but over 5 million South Africans have the resources and desire to travel within their country.

27-AUG-08·	SA’s capital expenditure remains robust
	Posted by | economy
	South Africa's economy remains in good health despite a slowdown in consumer spending. This is according to the latest Nedbank capital expenditure report which states that 80 new investments, to the value of R336.1 billion, were announced for the first half of 2008, reports SouthAfrica.info.

13-AUG-08·	MPC might anchor interest rate, economists predict
	Posted by | economy
	Many economists are predicting the interest rate will remain unchanged when the Monetary Policy Committee (MPC) meet on Wednesday and Thursday to review current monetary policy, but it will be a close call, writes Michael Appel. The meeting is expected to be closely watched this week with economists saying that after 10 interest rate hikes or a cumulative 5 percent increase in the repo rate since the inflationary cycle began in June 2006, tightening monetary policy is finally beginning to pay off.

03-AUG-08·	SA economy is stronger than ever, says Mpahlwa
	Posted by | economy
	The South African economy is stronger than ever with numerous employment opportunities, says Minister for Trade and Industry Mandisi Mpahlwa. Addressing the opening of the Annual Small Business Summit the minister said the country’s economy was stronger than ever with a 5.4 percent growth in 2006 and stabilising at 5.1 percent in 2007.

30-JUL-08·	Slowing global economy impacts on tourism industry
	Posted by | economy
	South Africa’s tourism industry is feeling the pinch following rising fuel prices, changes in environmental policies and the global Gross Domestic Product (GDP) figure falling to below 4 percent this year. According to economist Dr Iraj Abedian, concerns over carbon emissions, or companies’ efforts to become more environmentally conscious, have become a real concern and is affecting the tourism industry worldwide.

23-JUL-08·	Memorandum of understanding to develop city signed
	Posted by | economy
	The Tshwane Metropolitan Municipality and the University of South Africa (UNISA) have partnered to make Sunnyside a hub of student life.

16-JUL-08·	Be proud of major economic achievements, says OECD
	Posted by | economy
	South Africa should be proud of its economic achievements, despite a number of shortcomings, Secretary General of the Organisation for Economic Cooperation and Development (OECD) Angel Gurria said. “I think you can be proud of the major achievements you have made since 1994,” Mr Gurria said, adding that the OECD appreciated that only South Africans know what is right for South Africa.

10-JUL-08·	To spend or not to spend? That is the question…
	Posted by | economy
	Budgetary restraints, inflation, recession –concepts that are becoming all too familiar to a frustrated South African economy and workforce. But these are the realities of corporate operation and existence in the current economy.

02-JUL-08·	Economy can weather global slowdown
	Posted by | economy
	Despite a global economic slowdown South Africa's economy is resilient enough to deal with the unfolding current economic climate, according to Trade and Industry Minister Mandisi Mpahlwa. "We have a much stronger economy today then we did 10 years ago and increasingly we are showing resilience to global economic dips. We do not believe our economy has reached a cul-de-sac!"

08-JUN-08·	Have we lost the 'old fashioned' values
	Posted by | economy
	It is not necessarily the money that motivates but the skills that they have or don’t have and the fact that the youth today are not prepared to work and that includes starting at the bottom on a low wage and working hard and proving yourself.

04-JUN-08·	Fifty bursaries for previously disadvantaged learners
	Posted by | economy
	The initiative forms part of a skills development partnership, between the provincial Office of the Premier and the Education, Training and Development Practices Sector Education Training Authority (ETDP SETA), on bursaries for critical and scarce skills.

03-JUN-08·	Foster-Melliar focuses on Business Service Management
	Posted by | economy
	The growth of human capital within a South African context forms the cornerstone to the development of skills and abilities that are needed to sustain and enhance the South African economy.

03-JUN-08·	KZN pledges R21.6m toward childhood development
	Posted by | economy
	An amount of R21.6 million has been set aside by the KwaZulu-Natal provincial government for Early Childhood Development (ECD) in 2008, increasing it to R97 million in 2010 said KwaZulu-Natal Premier Sibusiso Ndebele, Sunday.

26-MAY-08·	The need for skills training on and around Xenophobia
	Posted by | economy
	Recent events in South Africa perpetrated against foreign residents, immigrants and others has come to highlight the degree to which difference can be turned into conflict. It almost goes without say that South Africa is a significant node for urban migration.

20-MAY-08·	Making the most of our skills
	Posted by | economy
	It is more than fourteen years since we moved out of our twenty years of a closed economy. Many expected, or at least hoped, that during those fourteen years we would see improvements in all the critical areas affecting our business enterprises, but that has not happened.

12-MAY-08·	The World Cup is a platform for legacy building
	Posted by | economy
	The FIFA 2010 World Cup will not only be a momentous international sporting event for South Africa, but it will also a serve as a platform upon which legacies can be built to support development long after the final whistles been blown.

23-APR-08·	Setas are in need of a major reshuffle
	Posted by | economy
	I am afraid to burst anyone’s bubble, however the seta’s are already doing toooo little. To have a course accredited involves far too much red tape.

29-MAR-08·	Keeping a R480bn goose alive in southern Africa
	Posted by | economy
	Service has globally become a more important industry than all resources combined but for oil. It is fuelling phenomenal economic growth in countries as diverse as Ireland and India, but a poor service industry in South Africa is imperilling growth

18-FEB-08·	Eastern Cape budgets R85m for needy students
	Posted by | economy
	The Eastern Cape has invested more than R85 million in supporting financially needy students to obtain their basic qualifications

13-FEB-08·	Strikes and Deaths: Are they becoming two sides of the same coin?
	Posted by | economy
	The wage negotiation season in the collective bargaining calendar in South Africa is upon us. Unions are mobilising their members in preparation for this annual “tsunami” battles

13-FEB-08·	Govt to be more pro-active on anti-competitive behaviour
	Posted by | economy
	Government aims to strengthen competition legislation this year with the intention of becoming more “proactive” around anti-competitive outcomes and behaviour

28-JAN-08·	Power outages an “opportunity” to use enviro practices
	Posted by | economy
	Power outages being experienced across the City of Cape Town represent an opportunity to build an international reputation for environmental best practice.

28-JAN-08·	Economic prospects for 2008
	Posted by | economy
	An old saying rings true at the start of this New Year; the US has sneezed and the rest of the world has caught a cold.

04-DEC-07·	Joburg in top 50 commerce hubs
	Posted by | economy
	Johannesburg has been ranked 47th out of 50 cities worldwide in a new study of the centres of commerce that shape the global economy.

30-NOV-07·	CPIX climbs to 7.3 percent
	Posted by | economy
	South Africa’s Consumer Price Index (CPIX) figure for October 2007, excluding mortgage costs, has come in 0.6 of a percentage point higher at 7.3 percent year-on-year (y/y) compared to September’s 6.7 percent y/y

27-NOV-07·	Colleges central to delivery of priority skills
	Posted by | economy
	Further Education and Training colleges are central to the delivery of priority skills needed in South Africa, according to the Minister of Education, Naledi Pandor.

09-NOV-07·	Mbeki - Investment to go beyond 2010
	Posted by | economy
	Hosting the 2010 FIFA World Cup has boosted investment in South Africa, although government's investment vision and priorities for the economy “go well beyond the World Cup

01-NOV-07·	Cape Town tourism gears up for 2010
	Posted by | economy
	In a bid to position and market itself as a world-class business tourism destination, the City of Cape Town has secured ten conferences and conventions to be held during the 2010 FIFA World Cup.

29-OCT-07·	Home Affairs bridging SA’s skills gap
	Posted by | economy
	The Department of Home Affairs is to bridge the country’s skills gap by streamlining the process of applying for scarce skills permits and business permits for foreigners.

26-OCT-07·	Black entrepreneurs awarded for success
	Posted by | economy
	Successful black entrepreneurs are to be given the recognition they deserve at the Black Business Supplier Development Programme (BBSP) awards in Mpumalanga on Friday. The Department of Trade and Industry introduced the awards in 2002 to recognise entrepreneurs who have excelled in business and to help fast-track the entry of small medium and micro enterprises (SMME) into the mainstream economy.

22-OCT-07·	Fasset impresses on the learnership front
	Posted by | economy
	Fasset has recently completed its seventh year of operation and the Seta continues to impress on the learnership front. “Demand for Accounting, Management Consulting and Other Financial Services skills is high in our growing economy and this is reflected in the number of learners signed onto learnerships.

16-OCT-07·	SA’s productivity averages 3% annual growth
	Posted by | economy
	Between 1996 and 2005, South Africa’s real output grew on average by an annual rate of 3.9 percent, while multifactor productivity grew at an average annual rate of 3 percent across all sectors of the economy.

09-OCT-07·	SA relatively unaffected by US sub-prime
	Posted by | economy
	Local money markets were "relatively unaffected" by United States sub-prime woes, said the Governor of the South African Reserve Bank (SARB). "Our banking system had negligible exposure to the sub-prime market. Liquidity conditions domestically remained healthy, and there was no need for the SARB to provide extra liquidity to markets," Governor Tito Mboweni said.

08-OCT-07·	The Future Of Work: Rethinking HR
	Posted by | economy
	"None of us can assume that the business practices of the last 20 years - including the traditional HR model - make any sense whatsoever compared to the next 20 years," writes Rowan Gibson. He stresses the need for HR professionals to radically rethink the fundamental role of HR to fit in with the new business era. Gibson will be speaking in Gauteng on the 21st November.

02-OCT-07·	Merkel to arrive for working visit in SA
	Posted by | economy
	German Chancellor Angela Merkel is expected to arrive into the country Thursday for her scheduled working visit to South Africa where she is scheduled to meet President Thabo Mbeki on Friday. The two leaders and their delegations are expected to discuss a wide range of issues aimed at further expanding already healthy political and economic relations.

27-SEP-07·	Reciprocal development central to SA-China bond
	Posted by | economy
	The relationship between the continental powerhouses, South Africa and China is one of mutual development, in contrast to one of political or industrial colonisation, writes Lavinia Mahlangu.

25-SEP-07·	Developed states must help address climate change
	Posted by | economy
	South Africa’s Environmental Affairs and Tourism Minister Marthinus van Schalkwyk says it is important for all developed countries to help address climate change. Minister van Schalkwyk was addressing a meeting dubbed the “High Level Event on Climate Change”, which took place Monday, as part of the 62nd Session of the United Nations General Assembly (UNGA), in New York.

25-SEP-07·	SA must cut reliance on imported energy
	Posted by | economy
	South Africa needs to move towards reducing its reliance on imported energy, as by 2030 global energy demand will have grown by 50 percent. Speaking at South Africa’s first Energy Summit, Minister of Minerals and Energy Buyelwa Sonjica said energy demand is currently outstripping energy supply, and South Africa needs to move to a state of self sufficiency.

25-SEP-07·	Africa must grow its manufacturing sector
	Posted by | economy
	While Africa is blessed with an abundance of mineral resources and raw materials, the continent contributes less than 1 percent to global manufacturing figures. United Nations Industrial Development Organisation (UNIDO) Director-General Dr Kandeh Yumkella said that in order for Africa to effectively tackle entrenched poverty and job scarcity, the continent needed to industrialise itself.

21-SEP-07·	Economic integration vital for a better Africa - Manuel
	Posted by | economy
	South Africa’s Finance Minister Trevor Manuel has emphasised the importance of economic integration to building a prosperous future for Africa. “Economic integration – the idea that prosperity rests in part on institutions and markets that are shared across national borders – is far more than a technical economic construct,” Minister Manuel said at the University of Namibia’s gala dinner.

18-SEP-07·	Vast opportunities for SA in West Africa
	Posted by | economy
	South Africa is looking to realise the vast opportunities and huge potential for mutually-beneficial growth with West Africa, home to some of the world’s top oil producers such as Nigeria, writes Shaun Benton.

18-SEP-07·	SA, Moz to solidify economic, trade relations
	Posted by | economy
	South Africa and Mozambique are set to solidify an already stable bilateral trade and economic relationship with 41.4 percent of Mozambique’s imports coming from South Africa in 2005. South Africa and neighbouring Mozambique share an economic relationship which is the strongest in the Southern Africa region.

29-AUG-07·	Inflation quickens to 6.5 percent
	Posted by | economy
	July’s CPIX figure has risen by half a percentage point to 6.5 percent for July 2007, according to figures released by Statistics South Africa (Stats SA). Stats SA also released the Consumer Price Index (CPI) figure which has remained constant at 7 percent year-on-year for July 2007.

16-JUN-07·	Young people acquire skills in broadcasting
	Posted by | economy
	Young people who participated in a six-week broadcasting training programme in the Western Cape will receive their certificates as part of the Youth Day commemoration. The learners completed the short course that was a joint venture between radio station 94.5 Kfm and the Provincial Youth Commission.

14-JUN-07·	G8 must scrap trade barriers for developing nations
	Posted by | economy
	South Africa has urged the leaders of the world’s eight top industrialised nations, the G8, to scrap trade barriers in order to truly help the continent develop, rather than merely extending aid, writes Michael Appel.

11-JUN-07·	Climate change the “defining issue of our era”
	Posted by | economy
	Climate change was described as the “defining issue of our era” by United Nations Secretary General Ban Ki-moon, at the close of the G8 Summit in Heiligendamm, Germany. Speaking at a press conference in Heiligendamm, where the leaders of the “Group of Eight” leading industrialised nations met last week for their annual summit, Mr Ban said climate change was “the main reason I came here.”

30-MAY-07·	Petrol price to increase by 22 cents
	Posted by | economy
	The petrol price is set to increase by between 22 and 24 cents a litre next Wednesday, with little hope for a decrease soon. Senior ABSA economist Chris Hart says that increasing international prices for crude oil per barrel, would make it difficult for the local petrol price to drop.

30-MAY-07·	SA’s 4.7 percent economic growth is still positive
	Posted by | economy
	South Africa’s economic growth for the first quarter of this year slowed to 4.7 percent, compared to the last quarter of 2006, but the country is still considered to be on a strong growth trajectory. According to Econometrix Director Quinten Bertenshaw, althought the growth in Gross Domestic Product (GDP) slowed down in the first three months of this year, it continued to reflect the flexibility of the economy.

01-MAY-07·	Emerging economies need technology to thrive – UN
	Posted by | economy
	Developing countries need greater technological capabilities and flexibility to succeed in an increasingly competitive and fast paced global environment, according to a new report by the United Nations Department of Economic and Social Affairs.

18-APR-07·	Dinokeng Reserve to benefit Metsweding District
	Posted by | economy
	Tourism, investment, job creation and economic growth are some of the few benefits that will be generated by the Dinokeng Game Reserve in Metsweding District Municipality (MDM).

18-APR-07·	Credit experts concerned at increased lending prior to June
	Posted by | economy
	Fred Steffers, managing director of the Consumer Profile Bureau, South Africa's most comprehensive source of credit information, said the “mad scramble by everybody from commercial banks to furniture stores to extend maximum credit” prior to 1 June was a source of concern.

30-MAR-07·	Inflation won’t greatly influence interest rates: analyst
	Posted by | economy
	Inflation considerations would not bear much influence on the Reserve Bank’s interest rate decision next month, an analyst has told BuaNews. The Monetary Policy Committee (MPC) of the Bank is expected to meet on 11 and 12 April to determine in which direction, if any, it would steer its lending rate to commercial banks.

20-MAR-07·	Mittal Steel-SA CEO backs partnership with govt for growth
	Posted by | economy
	Chief Executive Officer of Mittal Steel South Africa, a division of one of the world’s largest companies in the sector, has expressed his support and cooperation with government on economic growth and development. Mittal-SA CEO Rick Reato highlighted the importance of continued business partnerships with government in this regard.

06-MAR-07·	SA business confidence high, but sensitive to outside forces
	Posted by | economy
	South Africa’s business confidence remains high but could be volatile due to its sensitivity to the international influence of price movements and the balance payment position, says the South African Chamber of Business (SACOB). “Business confidence can even become erratic if the sectors that drive the economy are largely sensitive to the abovementioned issues,” SACOB said.

06-MAR-07·	Mpumalanga identifies corridors as key factors for economic growth
	Posted by | economy
	Mpumalanga has detailed plans for the Maputo Development Corridor and Moloto Rail Development Corridor – two of the “Big Five” flagship projects with the potential to grow the province’s economy. The initiatives were announced by Premier Thabang Makwetla during the State of the Province Address last week.

27-FEB-07·	SA’s GDP increases for the 33rd successive quarter
	Posted by | economy
	South Africa’s real growth domestic product (GDP) has continued with its upswing, registering yet another increase for the 33rd consecutive quarter since 1998. Figures released by Statistic South Africa (Stats SA) on Tuesday show that the real GDP at market prices rose by an annualised 5.6 percent for the fourth quarter of 2006, far exceeding expectations.

26-FEB-07·	A1 Grand Prix a success
	Posted by | economy
	The success of the 2007 A1 Grand Prix held in Durban at the weekend showed further that South Africa was capable of hosting successful international events. “We have no doubt that an event of this magnitude, particularly coming before we host the 2010 FIFA World Cup, gives us a chance to reconfirm our mettle as organisers and hosts of such international events,” KwaZulu-Natal Premier Sibusiso Ndebele said on Sunday.

25-FEB-07·	Treasury DG paints a picture of 'fiscal space' while outlining growth challenges
	Posted by | economy
	Growth challenges for the South African economy are to increase exports, produce more unskilled jobs, raise levels of productivity and minimise bureaucratic red tape around business development, Director-General in National Treasury, Lesetja Kganyago told MPs this week.

23-FEB-07·	Mpumalanga introduces “Big Five” projects to grow economy
	Posted by | economy
	Mpumalanga Premier Thabang Makwetla has announced five flagship projects, labeled the “Big Five”, which are expected to steer the province’s economy to greater heights. Delivering his State of the Province Address in Nelspruit he said the initiatives would improve economic growth and development in the province.

09-FEB-07·	SA needs determined drive to source goods locally
	Posted by | economy
	South Africa needs to increase its national capacity to produce capital goods as the expanding economy throws up major challenges,” said President Thabo Mbeki in his State of the Nation Address. He said the country needs to source many of the capital goods domestically in an effort to continue expanding the economy rather than importing them.

27-JAN-07·	Mbeki, Jintao to discuss wide range of issues
	Posted by | economy
	President Thabo Mbeki will hold discussions next week with his Chinese counterpart Hu Jintao with a view to further strengthening the existing trade and political relations between their countries. The presidents will sign at least seven agreements to strengthen relations and promote exports.

06-DEC-06·	Eskom to build R26b power station in Limpopo
	Posted by | economy
	Southern African electricity supplier Eskom has set aside R26 billion to build the Matimba B Power station in Limpopo’s Lephalale Municipality, a move which will invigorate the local economy. The Matimba B Power station would be the biggest project the company had embarked on in recent years.

13-SEP-06·	SA, Australia exchange notes on IMF, World Bank reform
	Posted by | economy
	With South Africa set to take over the chairmanship of G20 countries next year, the country is already preparing itself to take over the reigns from Australia. Finance Minister Trevor Manual met with his counterpart from down-under to ensure a smooth hand over.

13-SEP-06·	Difficult to advise South African consumers “against themselves”
	Posted by | economy
	Finance Minister Trevor Manuel says it is difficult to advise South African consumers against spending on credit adding, "the reality about South Africans’ addiction to credit is that people have a terrible appetite for spending and now it is hard to advise people against themselves".

06-SEP-06·	Financial services sector creates the most jobs
	Posted by | economy
	Fasset CEO Cheryl James tells us that the biggest increase in the number of jobs created during the first quarter of this year was in the financial services sector. She is confident that the sector will grow further in coming years as a result of the strength of the local economy.

01-MAY-06·	Developing our labour force has huge knock on effects for the economy
	Posted by | economy
	I do not believe that our current culture of instant gratification is the correct one.

22-MAR-06·	Mlambo-Ngcuka urges tourism sector to drive growth
	Posted by | economy
	Deputy President, Phumzile Mlambo-Ngcuka, has urged the tourism sector to work even harder in driving the country’s economic growth, saying that the sector was poised to make the nation great.

15-NOV-05·	Mlambo-Ngcuka calls for intervention in second economy
	Posted by | economy
	Deputy President Phumzile Mlambo-Ngcuka says the elite benefiting from the first economy must intervene and help people in the second economy with the new accelerated and shared growth initiative.

09-NOV-05·	Deputy President promotes skills for economic development
	Posted by | economy
	“We need to fast-track skills development within the next eighteen months," said Deputy President Mlambo-Ngcuka, who believes skills for the poor will help to bridge the divide between the two economies.

29-JUN-05·	Economy 'firmly on a higher growth range'
	Posted by | economy
	South Africa's economy is "firmly on a higher growth range", with interest rates and inflation rates at their lowest levels in decades, according to Minister of Trade and Industry Mandisi Mpahlwa.

10-FEB-05·	Leon calls for major BEE changes
	Posted by | economy
	Democratic Alliance leader Tony Leon has pre-empted the president's State of the Nation address by presenting some of his party's ideas for the economy and re-vamping BEE legislation.

01-DEC-04·	SA economy grows by 5.6 % in third quarter
	Posted by | economy
	New revised figures of the Gross Domestic Product (GDP) shows the South African economy grew by 5.6 percent in the third quarter of this year, Statistics South Africa reported.

09-NOV-04·	Disabled must participate in the economy
	Posted by | economy
	The Minister in the Presidency Essop Pahad says South Africans need serious discussions on ensuring that the benefits of broad based economic empowerment reach people with disabilities.

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