10.6.2019 10:17 am
Ebrahim Patel has just returned from Japan where he attended the two-day G20 Joint Trade and Digital Economy Ministers.
Minister of Trade and Industry Ebrahim Patel said on Monday that heightened uncertainty from growing trade tensions was also placing a drag on an already fragile global economy.
The Free Market Foundation’s Leon Louw said the writing was on the wall before the outgoing CEO even started in the job.
Under the new president, the country has seen three quarters of decline out of five.
Job creation is one of the seven areas that the party planned to implement during the term of the new sixth administration under President Cyril Ramaphosa.
The inland petrol price will be R16.48, while coastal price will be R16.03.
KPMG SA chairman Professor Wiseman Nkuhlu welcomed Sehoole to the firm, saying he was a strong leader with extensive experience.
‘The main reason for Sars lifting the threshold is that it lessens their administrative burden,’ he says.
This comes after the organisation’s bi-annual visit to discuss economic developments in the country.
The decline is mainly driven by shrinkages in the manufacturing and mining sectors.
Group revenue for the year also rose to R50.4 million from R37.4 million.
Some argue that in a market crash, a mass selling of ETFs when investors panic and ‘rush for the exits’ would cause a liquidity crisis.
Chinese mines accounted for 71% of the world’s rare earths production in 2018.
This is the first time that a South African bank, or any listed company, has faced a shareholder resolution on climate change as protesters demand policy disclosure on lending to coal projects.
Scaling down the size of his Cabinet shows Ramaphosa’s commitment to running a more frugal government.
During the announcement of the new Cabinet on Wednesday night Ramaphosa said ministers would have to sign performance agreements and they will be assessed.