Tag: Economy
Budget 2020: the right intent, but the challenge remains daunting
BUDGET 2020 is the best we could have hoped for in difficult circumstances. In essence, it aims to constrain consumption spending relative to capital...
Promoting the development of the Western Cape economy through corporate and SMME matchmaking
According to the SEDA (Small Enterprise Development Agency) 2019 report, the number of SMMEs in South Africa increased by 13.6% year-on-year (y-o-y) from 2.25...
Steeled for uncertainty
The fragile West Coast economy will begin 2020 on a brittle footing with steel giant Arcellor Mital’s decision to close down its unviable Saldanha...
What’s holding back South Africa’s economy?
Over the past decade South Africa’s public finances have come under more and more strain. The days when the economy was growing and former finance...
Eskom—The Largest Threat to the Stability of the South African Economy
South African Finance Minister Tito Mboweni tabled a bill before the National Assembly which would see national state-owned power utility Eskom benefit from an...
Things are bad and getting worse for SA. Or are they?
South Africa has a relatively stable economy, as seen by its GDP growth, which has been the lowest in volatility when compared against BRIC...
Standard Bank’s expansion in some of Africa’s fastest-growing economies pays off
South African lender Standard Bank shrugged off the impact of a faltering economy in its home market as its extensive operations across the continent...
Cape Town’s boat building industry can provide jobs and boost economy
The South African boat building industry, currently worth well over R1 billion annually, holds enormous potential for the country's economy, the City of Cape...
Non-stop flight between New Jersey, Cape Town ‘to grow economy and create jobs
To date, Cape Town Air Access has helped land 15 new routes and 20 route expansions, resulting in over 1.5 million two-way seats being...
MUST READ
City working to resume Bayside Canal upgrade in Milnerton
The City of Cape Town’s Water and Sanitation Directorate remains committed to completing the multi-million rand Bayside Canal upgrade in Milnerton. Work on site...