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Economy
 
INVESTMENT

Return to era when State contributed 50c in every rand invested - economist

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In light of serious external and domestic economic headwinds, a concerted efforts were required to raise public sector investment to levels where South Africa once again began sustaining a minimum yearly investment rate of 25% of gross domestic...
08 Feb 12
 
 
BUSINESS CONFIDENCE

BCI dips to lowest level since May 2010

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The Business Confidence Index (BCI) of the South African Chamber of Commerce and Industry (Sacci) dipped to 97.1 in January, the lowest level since May 2010, when the BCI registered 96.7. The BCI briefly increased by 1.7 points in December, to...
08 Feb 12
 
 
AIRPORT INFRASTRUCTURE

Acsa consortium awarded R70bn Brazil airport contract

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Guarulhos airport in Brazil Airports Company South Africa (Acsa), together with Brazilian joint venture partner Invepar, won a R70-billion ($9.2-billion) concession to overhaul and operate the busiest and most valuable of three Brazilian airports, Guarulhos, in São Paulo....
08 Feb 12
 
 
STATE OF THE NATION

Zuma speech should boost investor confidence, support SMEs

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Enterprise support, especially for small and medium-sized businesses (SME's), could be a key theme of President Jacob Zuma’s State of the Nation address in Parliament tomorrow, organised business said on Wednesday. Business Unity South Africa...
08 Feb 12
 
 
SHARE MARKET

SA stocks slide, ArcelorMittal unit falls

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South African stocks slid for the second straight session on Tuesday, with ArcelorMittal's local unit losing ground after reporting a full-year loss and nagging worries over Greek debt prompting investors to cash in some recent gainers. "I think...
08 Feb 12
 
 
EMPLOYMENT

South Africa's Q4 jobless rate falls to 23.9%

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South Africa's official jobless rate eased to 23.9 percent of the labour force in the fourth quarter of 2011 from 25.0 percent in the third as new jobs were added in the trade, social services and manufacturing sectors, a survey showed on...
07 Feb 12
 
 
SMALL BUSINESSES

IFC partners with ABC Holdings to support SMEs

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The International Finance Corporation (IFC) on Monday launched an advisory services programme to complement a $13.5-million investment in three banks under Botswana-listed ABC Holdings. The Africa Micro Small and Medium Enterprises (AMSME)...
06 Feb 12
 
 
economic assistance

SA, Cuba sign loan agreement

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South Africa on Friday formalised a R350-million economic aid agreement with Cuba. At a ceremony in Pretoria, Trade and Industry Minister Rob Davies and Cuba's ambassador to South Africa, Angela Villa, signed a document that both said was aimed...
03 Feb 12
 
 
 
 
 
 
 
Economy Multimedia
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2012 Budget needs to underpin business... Video
Engineers apply for services to be designated... Video
Gigaba says power price review geared to... Video
Cosatu to intensify call for ban on business... Video
SA moves to create framework for industrial... Video
Mining, manufacturing to remain a drag on... Video
Transnet considers plans to double R110bn capex... Video
Big jobs potential in reviving SA... Video
Business sees infrastructure as key 2012... Video
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Monetary policy focus remains on... Audio
SAA plays key role in SA’s... Audio
Generating praise and concern Audio
Infrastructure deficit deters foreign... Audio
Weakening the rand could scare... Audio