Martin Czernowalow
'BEE monopolies will not be approved'
16th March 2005 South Africa's Competition Commission will not approve deals that create monopolies for the sake of advancing black economic empowerment (BEE), the... →
Manuel announces corporate tax reduction
24th February 2005 South African Minister of Finance Trevor Manuel has reduced the country's corporate income tax by 1%, from 30% to 29%, effective from April 1, a... →
SA expects accelerated economic growth
24th February 2005 The South African economy has averaged 3,2% growth over the past four years, while continued expansion of between 4% and 4,5% is anticipated over... →
World Cup projects to receive early priority
24th February 2005 Projects related to the requirements of South Africa's hosting of the 2010 soccer World Cup will receive early priority, the country's Finance... →
Taxi recap to receive additional R885m
24th February 2005 South Africa's taxi recapitalisation programme, as well as additional resources for improved traffic law enforcement, will receive an additional... →
Govt seeks removal of import parity pricing
11th February 2005 South African President Thabo Mbeki today (Friday) slammed import parity pricing, as applied by the country's steel and chemical industries, as... →
Mbeki highlights plans to grow SA economy
11th February 2005 South Africa's interventions to grow the formal, or 'first' economy, for the coming year are based on objectives to increase investment, lower the... →
Higher levels of aid urged for Africa
24th January 2005 Countries and organisations comprising the Strategic Partnership with Africa (SPA) last week agreed that levels of external development assistance... →
$5bn SADC hydropower project launched
25th October 2004 The $5-billion Inga III hydropower project, in the Democratic Republic of Congo (DRC), was officially launched on Friday with the signing of a... →
Regulator approves 6,4% electricity tariff increase
22nd October 2004 The National Electricity Regulator (NER) yesterday announced that it has approved an average electricity tariff increase of 6,4% for Eskom from... →
'Global power sector needs $10-trillion investment'
21st October 2004 Global power demand is outstripping supply, and this demand is expected to rise by two-thirds between 2003 and 2030, meaning that global... →
African parliament makes good progress
2nd October 2004 The South African delegation to the Pan African Parliament said yesterday that progress made during the second ordinary session of the parliament,... →
Call to meet WSSD commitments
3rd September 2004 The international community was yesterday called upon to meet the commitments it made at the World Summit for Sustainable Development (WSSD), in... →
Workers and bosses unite against rand strength
12th August 2004 The National Union of Mineworkers (NUM), led by general-secretary Gwede Mantashe, yesterday staged a march to the South African Reserve Bank, in... →
Manuel urges DBSA to take more risk
6th August 2004 South African Finance Minister and governor of the Development Bank of Southern Africa (DBSA) Trevor Manuel yesterday urged the DBSA to increase... →
Policy integration will spur industrial competitiveness
8th June 2004 No individual government department or set of institutions can single-handedly create the environment necessary to decisively increase South... →
SA seeks to align policies to growth challenge
2nd June 2004 South African Minister of Labour Membathisi Mdladlana said yesterday that the country has taken ‘tremendous’ strides forward in... →
New learnership project to boost skills development
25th May 2004 The South African Department of Labour yesterday launched 21 pilot Employment and Skills Development Lead Employer (ESDLE) agencies, as part of a... →
SA must refocus economic policy to create jobs – UN
6th May 2004 The latest South African Human Development Report, released by the United Nations Development Programme (UNDP) yesterday in Johannesburg, warns... →
Sacu, Efta pleased with trade-negotiations progress
19th March 2004 Negotiators from the Southern African Customs Union (Sacu) and European Free Trade Area (Efta) have expressed optimism about the progress of talks... →
GDP expected to grow by 2,9% in 2004 – Manuel
19th February 2004 Although the exchange rate volatility remains a concern, the South African economy is in a much stronger position to take advantage of the emerging... →
R327bn revenue-collection target set
19th February 2004 South African Finance Minister Trevor Manuel said the country�s revenue projection for the next fiscal year is R327-billion. →
Level of SA-funded excess cost on FDI increased
19th February 2004 Although the level of South African funds allowed to be used by local companies to finance approved foreign direct investment will remain... →
Sales-based royalty system only in 2009
19th February 2004 South Africa�s Finance Minister Trevor Manuel announced that government would continue its work on the Mineral and Petroleum Royalty Bill, and... →
Mbeki links success in ‘first’ economy to upliftment
7th February 2004 During his State of the Nation address at the opening of Parliament today, South African President Thabo Mbeki called for a continued focus on the... →
African FDI slumps, but recovery expected
5th September 2003 Global foreign direct investment (FDI) declined by a fifth in 2002 – for the second consecutive year – to $651-billion, the lowest... →
Expanded trade key to Africa’s future – Bush
10th July 2003 US President George W Bush yesterday said his country and South Africa were working to expand trade, adding that he believes trade is the key to... →
ICT sector moves to set up BEE charter
26th June 2003 Stakeholders within the South African information communication technology and electronics (ICT-E) sector yesterday launched a process that will... →
R200m Aventura privatisation deal signed
20th June 2003 The South African Department of Public Enterprises (DPE) on Friday officially signed off the sale of the remaining eight Aventura resorts to the... →
State seeks to support women in business
16th June 2003 The South African Department of Trade and Industry (DTI) held a seminar on opportunities for women in the government’s black economic... →
Transnet in R2,4bn oil empowerment move
24th April 2003 Black economic empowerment (BEE) in South Africa’s petroleum industry received another boost yesterday, with the announcement that 60% of... →
Breakdown in multilateralism a threat to SA, Africa – Erwin
15th April 2003 South African Minister of Trade and Industry Alec Erwin warned yesterday that the global economic downturn and uncertainty, with delays in... →
Gauteng to push ahead with R1bn Cosmo housing project
26th February 2003 The Gauteng Provincial Government said it would intensify its housing programme to ensure that Gauteng residents, particularly those living in... →
Gauteng aims to boost logistics to support manufacturing exports
25th February 2003 Gauteng Premier Mbhazima Shilowa said the provincial government would this year continue with the upgrade of access to the Johannesburg... →
Aerospace, call centres to receive attention from State
17th February 2003 The South African government will make various interventions in the economy this year, to further encourage its growth and development, said... →
Small business to get advocacy body
17th February 2003 South Africa will table legislation amending the Small Business Act, in order to set up a nationwide advocacy body to act as the voice of this... →
SA to expand public works programme
17th February 2003 South African President Thabo Mbeki announced on Friday that the government would launch an Expanded Public Works Programme, aimed at addressing... →
Telkom could raise R6,8bn through listings
31st January 2003 South African phone utility Telkom announced yesterday it expected to raise up to R6,8-billion ($776-million) through its initial public offering... →
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