According to Statistics South Africa (Stats SA) the Consumer Price Index (CPI) came in unchanged at 6.6% in June. Stats SA said, “The headline CPI (for all urban areas) annual inflation rate in June 2014 was 6.6%. This rate was the same as the...
The Minister of Finance Nhlanhla Nene outlines the government plan to transform the economy in a speech to dignitaries and the business fraternity in Pietermaritzburg. Below is his speech where he comments on: • The bold decisions that are required...
The focus over the next three years will be on reviewing the local government infrastructure grants system, Minister of Finance Nhlanhla Nene said during his budget vote. Improved service delivery at local level is a critical government objective....
The formation of a BRICS New Development Bank was announced at the 6th BRICS Summit*, and is aimed at mobilising resources for infrastructure and sustainable development projects in developing nations. While the head office will be based in...