Tags Gdp

Tag: gdp

Nampak to invest R4bn in glass business

South Africa’s economy grows by 4.1%

South Africa's Gross Domestic Product increased by 4.1% in the fourth quarter of 2014, Stats SA announced on Tuesday, accelerating much more than the markets expected - thanks largely to higher production in the manufacturing sector.

Licensing reform to lift competiveness of South African mining

South Africa's mining sector contributes 9% of GDP directly and over 30% in foreign exchange earnings, writes Minister of Mineral Resources Ngoako Ramatlhodi. Now new regulatory reforms are set to boost this contribution even further.

Small-scale farmers keep SAB brewing

SA economy grows 1.4% in third quarter

The South African economy grew by 1.4% in the third quarter according to data released on Tuesday by Statistics SA - and analysts say the recovery is expected to gain moderate momentum in the final quarter of 2014.

South African policies help to reduce poverty, says World Bank

Tight fiscal policy and well-targeted social support, such as child and disability grants and free basic services, have helped to lift millions of people out of poverty. If South Africa can ride out external factors, the World Bank states, its economy will grow and its social programmes will continue.

Zimbabwe: Africa’s first cashless society?

When Zimbabwe's economy tanked in 2002, the people spoke of "the coin problem". Because there was no change, every purchase had to be rounded up to the dollar. With most people living on the breadline, this was a severe hardship. Enter Econet Wireless and its innovative mobile payment system.

Africa’s resources key to unlocking its wealth

Speaking at a seminar organised by Brand South Africa and the Department of Trade and Industry, Andre Groenewald from the Department of International Relations said Africa's star was rising, as the continent's natural resources give it a competitive edge in the global economy.

African integration on Brics agenda

The Brics Business Council recently met for the first time. Before the gathering, Minister Rob Davies and South African council chairperson Patrice Motsepe spoke about the value of the nation’s membership of the grouping to the African continent, particularly when it came to trade and investment.
Developments from Brics summit

11-million jobs: Zuma calls for teamwork

South Africa's National Development Plan has set the ambitious target of creating 11-million jobs by 2030, which will require teamwork to get the economy growing at a rate of more than 5% a year, says President Jacob Zuma. [Download the graphic in PDF format.]


11-million jobs: Zuma calls for teamwork

11-million jobs: Zuma calls for teamwork

South Africa's National Development Plan has set the ambitious target of creating 11-million jobs by 2030, which will require teamwork to get the economy growing at a rate of more than 5% a year, says President Jacob Zuma.
Africa 'to build on its gains': Zuma

Africa ‘to build on its gains’: Zuma

Africa is already the world's second fastest growing economy after expanding 5% a year in the past two years, and African countries are determined to consolidate and build on these gains, South African President Jacob Zuma said during a televised debate in Davos, Switzerland on Wednesday.

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