President Cyril Ramaphosa says government will, in the coming days, announce details of a stimulus package aimed at reigniting growth and creating jobs. 

Habitat for Humanity South Africa in partnership with the Nelson Mandela Foundation will be hosting their Nelson Mandela International Build Week from 17 to 21 July in Orange Farm, Gauteng.

South Africans can expect growth of 1.3% in 2017, which is expected to improve moderately to over 2% in the medium term, Finance Minister Pravin Gordhan said on Wednesday.

The Department of Trade and Industry (dti) plans to spend R216 million on renovations at five industrial parks in the country.

Thursday, 27 October 2016 03:31

Infrastructure investment remains a priority

In line with the National Development Plan, investment in infrastructure remains a policy priority with public-sector infrastructure investment plans totalling R987.4 billion over the medium term.

Published in News Categories

Fitch Ratings agency has aligned South Africa’s long-term local currency rating to long term foreign currency rating at BBB with a stable outlook, said National Treasury on Tuesday.

Ratings agency Standard and Poor’s will today make its decision public on South Africa’s credit rating.

Monday, 09 May 2016 08:28

Moody's affirms SA ratings

Moody’s Investors Service (Moody’s) has affirmed South Africa’s government bond long and short term ratings of Baa2 and P-2 respectively, and has assigned a negative outlook.

When distinguished businessperson and critical thinker Dr Reuel Khoza, asked ‘whereto South Africa?’ at the recent SA REIT (Real Estate Investment Trust) Association Conference 2016, leaders from the country’s property, financial and investment sectors welcomed his straight-talking vision to move beyond today’s tempestuous political and economic environment with good governance for both state and corporate South Africa.

The consensus view is that it is now less a case of ‘if’ and rather a case of ‘when’ regarding the downgrade of South Africa’s credit rating to junk status by the global rating agencies.

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