Nedbank - Policy, Law & Economics News

26 May 2013

08 Apr 2013

First turbines for Cookhouse wind farm arrive in SA

The first consignment of 16 turbines for the Cookhouse wind farm has arrived at the Port of Ngqura, near Port Elizabeth in the Eastern Cape. The delivery of these turbines, which feature 44-m-long...

18 Mar 2013

SA: Statement by Alan Winde, Western Cape Minister of Finance, Economic Development and Tourism, on announced winners of the Western Cape Nedbank essay writing competition (18/03/2013)

STATEMENT

The winners of the Nedbank, Western Cape Provincial Treasury and the Western Cape Department of Education Essay Writing Bursary Competition were announced this weekend. The top twelve finalists...

26 Feb 2013

GDP growth likely to remain flat in 2013

ECONOMY

South Africa was likely to maintain its soft gross domestic product (GDP) growth over the next year, despite growth seen in the manufacturing; agriculture, forestry and fishing; and finance, real...

Daily podcast – February 26, 2013.

PODCAST

Economists say that Finance Minister Pravin Gordhan has a slim margin to manoeuvre on Wednesday, when he delivers the annual budget amid slow growth and falling revenue. Even so, he needs to...

25 Feb 2013

Gordhan has little room to manoeuvre – analysts

BUDGET

Finance Minister Pravin Gordhan has a slim margin to manoeuvre on Wednesday when he delivers the annual budget amid slow growth and falling revenue. Nevertheless, he needs to reassure international...

11 Feb 2013

SA: Absa, financial services provider, Absa scoops two awards at Virgin Active Sport Industry Awards (11/02/2013)

STATEMENT

Absa Group scooped two accolades at the Virgin Active Sport Industry Awards ceremony. In attendance were well known South African sporting icons who gathered to celebrate the best achievements in...

07 Feb 2013

SA manufacturing output up 2% in Dec, below expectations

MANUFACTURING

Yearly growth in South Africa’s manufacturing production fell to 2% in December 2012 from 3.7% in the previous month and was below market expectations of 2.9%. Although subdued, seven of the ten...

05 Feb 2013

SA needs policy discussion on stagnant unemployment rate – Stats SA

UNEMPLOYMENT

South Africa needed to get into a policy dialogue regarding its high unemployment rate, which has remained stagnant for more than a decade, Statistics South Africa (Stats SA) statistician-general...

08 Jan 2013

SA: Statement by the Department of Basic Education, ready to deliver quality education in 2013 (08/01/2013)

STATEMENT

The Department of Basic Education is ready to deliver basic and quality education, this as the nation prepares for the start of the new school year for inland schools on Wednesday, 9 January 2013....

04 Dec 2012

SA: Statement by Nedbank, financial services provider, invests in the development of thriving Jet Park (04/11/2012)

STATEMENT

Nedbank adds value to the established and thriving commercial area of Jet Park near OR Tambo Airport in Johannesburg with a R45 million loan to GRWJET Park Investments (Pty) Limited for the...

Rand steady as Zuma closes in on re-election

ECONOMY

South Africa's rand is expected to remain range-bound as the ruling African National Congress moves closer to reappointing President Jacob Zuma as its leader, reducing the uncertainty hanging over...

27 Nov 2012

Mining drags down SA’s third-quarter growth

ECONOMY

South Africa’s gross domestic product (GDP) growth slowed in the third quarter, dragged down by a sharp contraction in the mining sector. Statistics South Africa’s (Stats SA’s) latest...

SA: Statement by Lephalale Mall Centre Manager, on the R170 million Lephalale Mall opened today (27/11/2012)

STATEMENT

The R170 million Lephalale Mall opened today, bringing the long-awaited convenience of one-stop shopping to this growing Limpopo town.

05 Nov 2012

SA: Statement by Eastern Cape Human Settlements, MEC Helen Sauls-August announces approval of new beneficiaries for Finance Linked Individual Subsidy programme (05/11/2012)

STATEMENT

MEC Helen Sauls-August has announced the finance linked Individual Subsidy programme has already begun in the Nelson Mandela Metro and they were looking into other areas such as Buffalo City Metro...

01 Nov 2012

Third-quarter unemployment rises to 25.5%

UNEMPLOYMENT

South Africa’s unemployment rate rose to 25.5% in the third quarter, from 24.9% in the previous quarter, with the number of unemployed people increasing by 197 000, Statistics South Africa (Stats...

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