Pensions won't be nationalised: Manuel
South Africa's workforce need not cash in their provident fund savings out of fear that the government will nationalise the funds, says Finance Minister Trevor Manuel.
Treasury welcomes banking report
South Africa's Treasury has welcomed the recommendations of the Banking Enquiry Report compiled by the Competition Commission, saying it was the first step towards increased competition in the country's retail banking sector.
State boost for local industry
The Department of Trade and Industry is working with state-owned enterprises to build the competitiveness of South African suppliers, to ensure they reap the benefits of the massive infrastructure spending programme under way in the country.
How the world rates South Africa
Despite a fair amount of local scepticism - brought on partly by political uncertainty and the energy crisis - South Africa is maintaining its strong showing in world rankings, with a series of recent international reports highlighting and supporting the country's strengths as an investment destination.
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