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Both the government and ordinary South Africans need to rein in spending and balance their budgets until we can get the economy growing, attract more investment and create jobs, Finance Minister Pravin Gordhan said at a media briefing on Thursday.
Brand South Africa has noted and welcomes the strengthening of South Africa’s currency. The strengthening of the rand attests to the improvement in market sentiment towards South Africa.
South Africa's plans for the annual State of the Nation address started last year and they are on track. In his speech, which officially opens Parliament, the President will speak to the nation on the performance of the country. It is also a chance to announce plans going forward.
• As part of government’s Nine-Point Plan, South Africa remains committed to resolving energy challenges to enable, amongst others, industrialisation. • Public sector infrastructure investment is...
• Government is aware that the country’s economic growth performance needs to be improved in a sustainable manner and has therefore made the resolution of...
• With regards to the fiscal framework, government has stuck to its spending limits for the past three years and is on track to stay...
The World Economic Forum will take place in Davos-Klosters, in Switzerland from 20 to 23 January. South Africa will be represented by the president, flanked by numerous ministers and prestigious business and industry leaders. We take a look at who will be jetting to the Swiss village.
Statistics over the festive period show that there was a 7.6% increase in visitor arrivals to South Africa compared to the same period last year. Some of the top visiting nations to the country were Lesotho, Zimbabwe, Mozambique, Swaziland, Botswana, US and UK.
The Presidency has announced that Pravin Gordhan, the previous minister of co-operative governance and traditional affairs, is to take up the position of minister of finance. He held the same position from 2009 to 2014, and now replaces David van Rooyen.
South African government and media players join over 800 international media, civil society and academic representatives in Geneva, Switzerland this week at an international Unesco conference on the role of the media in promoting gender equality in the global industry.