DTI partners with World Bank to enhance foreign direct investment

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

Department Director-General Lionel October said support from the World Bank and its development partners will promote South Africa's growth.

JOHANNESBURG - The Department of Trade and Industry has partnered with the World Bank Group for advisory services to improve the business environment for domestic entrepreneurs.

The department said the partnership is aimed at undertaking policy and institutional reform to enhance foreign direct investment.He said one of the department's main aims is to address the employment problems in the country, helping the private sector. October said the four-year programme will focus on business regulation, investment policy and market regulation.The World Bank said support will be provided in partnership with the Swiss State Secretariat for Economic Affairs and the prosperity fund of the United Kingdom's Foreign and Commonwealth Office.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 30. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dti partners with World Bank Group to drive private sector competitiveness and investmentCommitment to the national reform programme is articulated at the highest level within government structures, says dti.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

No evidence yet that Standard Bank was linked to Troika scandal, bank saysStandard Bank agreed to sell Troika to Sberbank in 2011 in a $1bn deal as part of a strategy switch to focus only on Africa and exit emerging markets
Source: BDliveSA - 🏆 12. / 63 Read more »

Back small business and SA will regain its economic competitivenessNewsletter| The fastest growing economies in the world are in Africa – Kenya, Uganda, Rwanda, Ghana and Ethiopia. SA needs to do right by small business for it to regain economic competitiveness in the world, let alone on the continent, writes Dudu Msomi True south Africa is a big economy it needs to do more.
Source: City_Press - 🏆 7. / 72 Read more »

Rand begins to settle after Reserve Bank nationalisation commentsThe rand has broken through R14.50 against the US dollar. Ngiyanizwa kodwa yokwenyuswa kukagesi angiyizwa nhlobo shem. eskom fix this 👉 the real question is who, close to the president benefitted from the drop of the rand stayWoke The true communist colours of the Anc is comming to the fore! Nationalisation of privately owned mineral rights, the reserve bank and all privately owned land is just the ongoing rape of the man in the streets hard owned wealth by the state!
Source: eNCA - 🏆 49. / 51 Read more »

Standard Bank bets its growth can outpace Africa’s fastest economiesStagnant GDP in SA means the bank has to rely on its business in 20 other Sub-Saharan countries, but says its network is ‘beyond compare’ Is it because they are over charging their clients so much ?
Source: BDliveSA - 🏆 12. / 63 Read more »

WATCH: Standard Bank posts leaner annual earnings growthStandard Bank CEO Sim Tshabalala talks to Business Day TV about the company's full-year earnings and what it suggests for growth
Source: BDliveSA - 🏆 12. / 63 Read more »

Nothing sinister about nationalising Reserve Bank, says Cyril RamaphosaThe president says changing the central bank’s ownership will not necessarily affect its independence It’s just another waste of money on a futile policy choice. Giving the ANC led government the power to print money sounds pretty sinister to me... Highly contradictory! What a pity.
Source: BDliveSA - 🏆 12. / 63 Read more »

Who owns the Reserve Bank? | Business | M&G.MmusiMaimane and HermanMashaba , let's fix this one please. The anc will do it because they want to lie and manipulate more and more. The liberal mamparas and dumb ass anc supporters will believe them until it is too late Maybe they are going to steal it like they are going to steal the land.
Source: mailandguardian - 🏆 2. / 92 Read more »

Hundreds of jobs at risk as Absa revamps retail bankAbsa Group is restructuring its South African retail and business banking unit within months of reducing the division’s management team and rolling out a new strategy. Fin24 People are gonna lose jobs from all retail banks. Absa is just leading the revolution in this sector. Fin24 Oh no- dejavu🤦🏽‍♀️ Fin24 Issues with fraudulant transactions are common.
Source: News24 - 🏆 4. / 80 Read more »

Rand begins to settle after Reserve Bank nationalisation commentsThe rand has broken through R14.50 against the US dollar. Our new investors with the likes of the Guptas seeing great corrupt opportunities in our totally corrupt criminal ANC government of South Africa. Who thought that these investors are all squeaky clean little sods 😂😂😂 MagnusHeystek For me this means those who control the reserve bank are the same people who manipulate the rand against other currencies such as GBP and the USD.
Source: eNCA - 🏆 49. / 51 Read more »