Minister Manuel Slams US, Rich Countries

Finance Minister Trevor Manuel hopes advanced economies will not act with arrogance when Finance Ministers from the Group of 20 developed and developing nations meet this weekend to discuss the world...

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Economy, Press Review

12. March 2009

Treasury unveils tax breaks for industry

THE Treasury has finally released the structure of tax incentives worth about R5bn to encourage large industrial projects in support of SA’s industrial strategy. The tax incentives were mooted in...

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Economy, Press Review

12. March 2009

Employers still upbeat on hiring, albeit ‘very cautious’

SOUTH African employers in nine of 10 sectors surveyed by an international body said they expected to hire new employees in the second quarter of the year, with only the construction sector...

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Press Review, Economy

05. March 2009

Mercedes SA feels the pinch

MERCEDES-Benz SA, the local unit of Germany’s Daimler, said yesterday sour loans in its financial arm had risen last year, and warned it expected this year to pose challenges with a worsening slump...

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Economy, Press Review

02. March 2009

Global crisis starts to take toll on SA economy

SA’s trade deficit swelled to a record R17,4bn in January as exports plummeted, showing that the global recession was starting to take a heavy toll on the country’s economy. The news on Friday...

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Economy, Press Review, Topnews

25. February 2009

South Africa in the Perana Z-one

For the first time ever, a car conceived, designed, engineered and developed in South Africa, will be launched at an international motor show. The Perana Z-one, brainchild of Jimmy Price of Hi-Tech...

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Economy, Press Review, South Africa

02. March 2009

South Africa ranks among top 20 in protecting property rights

A new study shows that South Africa ranks among the top 20 countries that have a good track record in protecting property rights. The International Property Rights Index compared the protections of...

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