South Africa’s economy now has economists greatly concerned. This is mostly because the main macroeconomic problems which are- economic growth, inflation and unemployment keep being majorly disrupted.
The interim board at South African Airways (SAA) has committed to using all available means to recovering embezzled funds.
Cape Town will be the destination of choice this December with visitors flocking back to the Mother City.
Pent-up demand for travel to South Africa is increasing in Europe following vaccination rollouts and the easing of travel restrictions.
The KZN premier gave a stern warning to criminals who burn valuable business assets in their frustration over jobs, contracts and services.
Durban Mayor Mxolisi Kaunda told the KZN Economic Council Summit that the city had established war rooms to focus on skills and job creation.
A new South African concept, GreenFlag, that lets businesses test air quality to ensure Covid-19 safety is set to take the world by storm.
President Cyril Ramaphosa has lauded the COVID TERS benefit and special grant as having been the most impactful towards helping South Africans navigate the tough economic times
South Africa’s former president, Thabo Mbeki, proposed that government should clearly indicate the public and private sectors’ respective capital contributions to the RRP’s programmes.
Ahead of Finance minister Tito Mboweni’s Meduim Term Budget Policy Statement Cosatu has called on Treasury to prioritise spending on infrastructure.
Despite the IMF providing $16-billion in financing to 33 countries in the region during 2020, more help is still needed, organisation warns.
Steenhuisen said that the idea that a recovery plan is necessitated by COVID-19 is flawed, charging that years of ANC failings are to blame.
South African auto manufacturers note government’s Economic Recovery Plan, point to economic and fiscal reforms as key.
Ramaphosa says a robust pipeline of infrastructure projects will transform the landscape of our cities, towns and rural areas.
The World Bank report is upbeat, however, on the reforms being adopted in South Africa’s electricity sector.
Maimane launched an Economic Recovery Plan entitled ‘Review, Repurpose, Rebuild, Reform: A bold plan to turn SA’s fortunes around’.
“As businesses scale, and move from startups into fully fledged businesses, they are able to service the needs of their customer base more efficiently.”
South Africa’s economy suffered a significant contraction during April, May and June, when the country operated under widespread lockdown restrictions in response to COVID-19.
Following the announcement of a dismal GDP figure, the EFF has listed 11 ways in which it thinks further economic decline can be avoided.
President Cyril Ramaphosa released a statement regarding economic recovery after Stats SA announced a shocking GDP figure.
Construction industry has welcomed SANRAL’S announcement which is expected to provide some relief for the struggling sector
“While the rest of the world scurries to find a way back to normal growth patterns, we have a new job to find a new normal altogether.”
Tourism Minister Mmamoloko Kubayi-Ngubane said the sector will most likely be one of the fastest-growing industries in the recovery period.
In his weekly newsletter, the president said amid the economic uncertainty, they would do everything necessary to build an economy that is resilient and dynamic, while also creating jobs