economy

Trump to unveil $1.5 trillion infrastructure plan

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Donald Trump’s administration will sketch out more details of its plan to invest in America’s creaking infrastructure Monday, hoping it can leverage up to $1.5 trillion for the cause. Senior White House officials said the president’s budget, due to be released on Monday, will include $200 billion earmarked for projects to fix roads, bridges and
Source: The New Age

Bracing for depression over jobs

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Market watchers are nervously awaiting the Quarterly Labour Force Survey for the second quarter, to be published by Stats SA this morning, as a deep job market recession grips the country – its worst unemployment crisis in at least 14 years. In the first quarter of this year, unemployment shot up to 27.7%, up 1.2
Source: The New Age

Trump bullish on ‘blazing’ economy but whose recovery is it?

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As he rubs shoulders with leaders of the world’s other major economies, Donald Trump is in a bullish mood about the US recovery even if there are clouds on the horizon. “Stock Market at all time high, unemployment at lowest level in years (wages will start going up) and our base has never been stronger!”
Source: The New Age

Its important that the economy expands, says Hart

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Source: The New Age

Economic transformation debate flat without action

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Let’s talk about radical economic transformation. But first let us remember that there is a direct line between Jan van Riebeek’s first footprints on the sandy beach in Cape Town where he and his fellow Dutchmen landed in 1652 and today’s heated debates on the economy. From that moment on the place which today we
Source: The New Age

TVETs vital to SA economy: Min Nzimande

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  Minister of Higher Education and Training Blade Nzimande says Technical and Vocational Education and Training (TVET) colleges make a vital contribution to the ability of our economy to be competitive. Minister Nzimande said that their department has to develop a skilled and capable workforce which will be able top contribute to the country’s economy.
Source: The New Age

Mexicans furious over fuel price hike

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Mexicans are bracing to kickstart the New Year on a sour note, with protests planned against the government’s huge hike in gasoline prices. President Enrique Pena Nieto has promised that fuel prices will fall thanks to his landmark 2014 energy reform, which ended a seven-decade-old monopoly held by the state-run firm Pemex. The government plans
Source: The New Age

Strong US dollar could challenge Trump agenda

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The strong US dollar, boosted further by the Federal Reserve’s decision to raise interest rates, could pose challenges to President-elect Donald Trump’s economic agenda. The greenback shot to fresh multi-year highs against the euro and other currencies Thursday following the Fed’s move Wednesday to increase the benchmark lending rate and its signal about additional rate
Source: The New Age

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