Policies

SA reaffirms growth, job-friendly policies

South Africa remains committed to prudent economic policies supportive of growth and job creation, the National Treasury said following Fitch's revision of the outlook on the country's sovereign credit rating.

Special Economic Zones to boost growth

South Africa is looking to boost job creation and industrialisation in its outlying areas through Special Economic Zones that will include a focus on innovation and regional development in areas such as science parks, industrial parks and sector development zones.

Amended empowerment Bill gazetted

Trade and Industry Minister Rob Davies has gazetted the Broad-Based Black Economic Empowerment Amendment Bill, which aligns the various laws relating to black economic empowerment in South Africa, and makes offences such as "fronting" punishable by fines and prison sentences.

Jobs at heart of SA's development plan

South Africa's National Development Plan, unveiled on Friday, seeks to create a "virtuous cycle of growth and development" by removing the most pressing constraints to investment and job creation in order to eliminate poverty and sharply reduce inequality in the country by 2030.