Tag: economic recovery
Call for increased SME sector support to foster SA economic recovery
The onset of COVID-19 in 2020 and subsequent energy crisis, have dealt deafening blows to the small- and medium-sized enterprises (SME) industry. Now, as the sector and the country at large...
Construction sector waits for game changing action
THE outlook for South Africa’s struggling construction industry remains uncertain, hovering between the massive infrastructure expenditure figures being publicly mooted and the State’s seeming inability to implement its economic recovery plans.
At...
Economic recovery plan makes progress
October 2022 marks two years since the country instated the Economic Reconstruction and Recovery Plan - a plan that puts the focus on programmes being implemented by government and social partners...
IDC launches campaign to stimulate tourism
A campaign aimed at stimulating economic recovery and activity in the tourism sector has been launched.
The Industrial Development Corporation (IDC) in partnership with South African Tourism and the Tourism Business Council...
SA stays on the recovery path as interest rates normalise, says FNB
Following the South African Reserve Bank’s (SARB’S) decision increase its repo rate by 0.50%, FNB will lift its prime lending rate by 0.50% with effect from Friday, 20 May 2022.
Jacques Celliers,...
New Cape Town initiative bolsters economic recovery
TO support local businesses across the board, from one-person SMMEs to corporates, a number of key public, private and NPO stakeholders are joining forces to initiate a “Made in Cape Town”...
Consumers must tighten belts now in wake of devastating fuel price increases
The latest expected petrol price increase is a catastrophic blow for already-stretched consumers, and the knock-on effects will be felt long after Christmas - a period when consumers traditionally over-commit themselves...
Government to help small businesses reach their potential
As governments around the world prioritise economic recovery following the devastating impact of COVID-19 on business, this year's World Intellectual Property Day will shine a light on the role of small...
Resolving energy challenges critical to economic recovery
President Cyril Ramaphosa says resolving the current energy challenges is fundamental to South Africa’s economic recovery.
“That is why we are making every effort to bring new power generation capacity online in...
Record grain harvest will bolster economic recovery
WESTERN Cape Minister of Agriculture, Dr Ivan Meyer, accompanied by Executive Mayor Sakkie Franken of the Overberg District Municipality and Mayor Paul Swart of the Cape Agulhas Municipality recently visited grain...
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South Africa can become a global hub for making batteries for...
For the country to become a player in the alternative powered vehicle market, it needed to provide clarity on its battery manufacturing plans and...