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State-owned enterprises play a significant role in the South African economy. In key sectors such as electricity, transport (air, rail, freight, and pipelines), and telecommunications, SOEs play a lead role, often defined by law, although limited competition is allowed in some sectors (i.e., telecommunications and air).
Pages in category "Economy of South Africa by province" ... Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; ...
The long-term potential growth rate of South Africa under the current policy environment has been estimated at 3.5%. [52] Per capita GDP growth has proved mediocre, though improving, growing by 1.6% a year from 1994 to 2009, and by 2.2% over the 2000–09 decade, [53] compared to world growth of 3.1% over the same period.
The Department of Economic Development was the department of the South African government responsible for economic policy, economic planning and economic development.It was established in 2009 after the election of President Jacob Zuma.
Economy of South Africa-related lists (1 C, ... Free Market Foundation; G. ... Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; ...
The Department of Small Business Development (DSBD) is one of the ministries of the South African government. It was established in 2014 to support small businesses and cooperatives. [ 2 ] The current political head of the department is the Minister of Small Business Development, Stella Ndabeni-Abrahams who replaced Khumbudzo Ntshavheni in 2021.
The minister of finance is a minister in the Cabinet of South Africa who is the political head of the National Treasury.The minister of finance is responsible for the financial management of government affairs, drawing up the budget, and developing economic policy (in cooperation with the minister of economic development and the minister of trade and industry).
The discovery of gold on the Witwatersrand in 1886 led to many mining and financial companies opening and a need soon arose for a stock exchange. The first share transactions on the Rand took place in a rustic canvas tent, with trade taking place on Sundays, as this was the only day when mining was not allowed, owing to a strictly enforced regulation prohibiting the entry of African workers to ...