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Sep 20, 2012

Real Economy Report

Real Economy Report
Johannesburg|Tshwane|Africa|Defence|Paramount Group|Sasol|SECURITY|transport|UNCTAD|Africa|South Africa|Energy|Mass Transport Network|Products|Alex Izurieta|John Craig|Natasha Odendaal
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From Creamer Media in Johannesburg, this is the Real Economy Report.
The City of Tshwane has started engaging key stakeholders in the development of an integrated transport plan as part of its Tshwane 2055 framework. Natasha Odendaal reports.

Natasha Odendaal:
In the run-up to Tshwane’s official launch of its four-decade Tshwane 2055 framework in October, the capital city has engaged multiple key stakeholders to finalise the development of an integrated transport plan.

The City of Tshwane aimed to build an efficient, affordable, accessible and integrated mass transport network that supported the city’s targets of a well-governed, well-managed, modernised and integrated city.

The network would interlink and support all means of transport modes, such as trains, minibus taxis, buses, pedestrian movements, cycling and other vehicles, in and around the city.

City of Tshwane executive director for strategic development and implementation Msizi Myeza tells us more.

City of Tshwane executive director for strategic development and implementation Msizi Myeza

Shannon de Ryhove:

Other news making headlines this week: Paramount Group seeks further expansion in developing countries; Unctad suggests that South Africa consider tax regimes that favour industry over finance; and Stakeholder relations are prioritised as Sasol recalibrates to the post-Marikana world.

Africa’s largest privately owned aerospace and defence company Paramount Group says it will continue to expand its business in the developing world, which has a “huge requirement” for defence and security products.

Paramount Group CEO John Craig

A new report published by the United Nations Conference on Trade and Development argues that policymakers should consider taxing profits from productive entrepreneurial activity at a lower rate than those derived from financial activities as part of efforts to deal with the growing global problem of growth-sapping inequality.

Unctad economist Alex Izurieta

JSE-listed energy and chemicals group Sasol has set the strengthening of stakeholder relationships as one of its top-five priorities for the coming year, as part of a move to deal with the risks posed by South Africa’s social problems of poverty, unemployment and inequality.

Sasol CEO David Constable

That’s Creamer Media’s Real Economy Report. Join us again next week for more news and insight into South Africa’s real economy.

Edited by: Shannon de Ryhove
Creamer Media Senior Deputy Editor Polity & Multimedia
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