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Tag: economic recovery

The latest GDP results suggest improved performance from the Western Cape agricultural sector

AGRICULTURE rebounded to a 17,2% growth rate, lifting South Africa’s GDP growth to 0,6% in Quarter 4 of 2024 and for the 2024 year,...

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...

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...

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...

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...

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...

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...

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 -...

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...

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...

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