Pretoria – Global growth uncertainties create a hesitant climate for South Africa, says Finance Minister Pravin Gordhan. This follows weak global economic growth and various issues in Europe, the US and Japan, among others. “The prospects for global growth seem Read the full story
Pretoria – Wholesale trade sales rose by 8.7% year-on-year in June 2011, Statistics South Africa (Stats SA) said on Thursday. “Wholesale trade sales, at constant [year] 2000 prices, for June 2011 increased by 8.7% compared with June 2010,” it said. Read the full story
Pretoria – Trade conditions deteriorated sharply in July, says the South African Chamber of Commerce and Industry (SACCI). Current trade conditions, as reflected by the Trade Activity Index (TAI), dipped further into negative territory, registering a seasonally adjusted 38 in Read the full story
Cape Town – The Department of Trade and Industry has helped to conclude a total of R28 billion in investments in the South African economy and aims to help facilitate R115 billion in investments in the next few years, the Read the full story
The Industrial Developmental Corporation (IDC) approved funding of R8.4-billion for the year ending March 2011. The funding, its highest ever for South African-based investments, is expected to create up to 20 000 full-time jobs and save an additional 11 000 Read the full story