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E- commerce to boost economic growth

Entrepreneurship and Small, Medium and Micro-sized Enterprises (SMME’s) are the catalyst to achieving economic growth and development in South Africa. This according to the South African Government who has prioritised their advancement.

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Factors that enhance greater Cape Town area’s future economic development

South Africa’s 2nd most populous city, Cape Town has repeatedly been selected as the world’s most attractive tourist destination. Cape Town’s natural beauty includes the scenic Table Mountain, Victoria and Albert waterfront development, the close proximity to the vineyards at Paarl and Stellenbosch, Kirstenbosch Gardens and Caledon Gardens. There is much undeveloped potential that could be developed in the future to make the Cape Town area even more appealing to tourists. Cape Town is also served by a major seaport and a world class international airport. Railway links connect the Greater Cape Town area to numerous mining resources.

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Transit-oriented development projects to ignite economic growth and more

Transit-oriented development projects to ignite urban renewal, economic growth and job creation in Bellville and metro-south east. In March 2016, the City of Cape Town’s Council adopted a new approach to integrated spatial and transport planning to accelerate our efforts to eradicate the legacy of apartheid spatial planning and to assist us in building a more equitable and inclusive city.

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Intra-Africa trade to play larger role in local GDP contributions

As growth in developed markets such as Europe, China and North Africa continue to stagnate, greater regional integration in Africa, amongst all role players, is needed to capitalize on the continent’s growth potential. This is according to Hennie Heymans, CEO of DHL Express Sub-Saharan Africa, who says that when comparing intra-regional trade statistics, Africa’s rates are amongst the lowest in the world, with less than 20% of what is produced in the region, remaining on the continent.

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Deterioration of South African’s economic prospects raises fundamental questions

While global growth’s current sluggishness is not ideal for South African economic prospects, there are more concerning local factors to consider here at home. This is according to Old Mutual Investment Group Chief Economist, Rian le Roux, who says that issues such as electricity shortages, South Africa’s worsening competitiveness, labour troubles and the poor relationship between government, business and labour are holding back the country’s chances of structural reform.

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Isuzu truck provides a realistic outlook for 2015

Having come out of an extremely tough 2014, Isuzu Trucks South Africa is geared up to face what is seemingly a more turbulent 2015. This was the overriding sentiment at the annual State of the Business update that was addressed by Chief Operating Officer, Craig Uren, who provided a holistic review of the state of play for the industry and a realistic outlook for the year ahead.

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