Economy

SA economy grows at 0.6% in second quarter

South Africa's economy grew at 0.6% in the second quarter, following a -0.6% contraction in gross domestic product (GDP) growth in the first quarter, thus avoiding entering a technical recession.

SA's economy grows at 0.6% in second quarter

Commission told to tackle infrastructure delays

President Jacob Zuma has called on the ministers, premiers and mayors on the Presidential Infrastructure Coordinating Commission to work together urgently and creatively to speed up delivery of the country's infrastructure build.


R2.7-billion youth fund launched

The National Youth Development Agency, Industrial Development Corporation and Small Enterprise Finance Agency have launched a R2.7-billion Youth Fund aimed at creating millions of sustainable jobs in the country.


Govt, mining companies to partner on improved housing

The government is to partner with the mining industry to further improve the housing and living conditions of mine workers in the country, Minister in the Presidency Jeff Radebe announced at the third annual Mining Lekgotla gala dinner in Johannesburg on Wednesday.

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Business update

South African finance and economy news.

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Development

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Economy overview

South Africa has the most advanced, broad-based industrial sector on the continent.

Global ratings

Recent international reports support South Africa's strengths as an investment destination.

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SA companies and products making their mark globally.