By Finance Minister Trevor Manuel

While food prices have been stable or have fallen in relation to our incomes for much of the past thirty years, the past two years have indicated clearly that the era of cheap food is over. Rising food prices place a severe burden on the poor and government must intervene to support the needy in facing higher food prices.

However, higher food prices also provide an opportunity to profit from producing more food for our people.
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By Patience Rusere

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Pretoria – Finance Minister Trevor Manuel has been appointed as the chairman of the committee of eminent persons which will assess the decision making framework of the International Monetary Fund (IMF).

Managing Director Dominique Strauss-Kahn of IMF on Thursday announced the appointment of the committee which will also investigate and advise on any modifications that might enable the institution to fulfil its global mandate more effectively.

The committee,...

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Johannesburg - A new R2.3-billion central terminal building at the OR Tambo International airport outside Johannesburg opened this week.

Passengers can now be processed through the new international arrivals facilities, which includes a more user-friendly customs control process, reports SouthAfrica.info.

Once arriving passengers have been processed through customs, they will be received into a new international arrivals public concourse, which is two...

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By Michael Appel

Pretoria – South Africa’s second quarter Gross Domestic Product (GDP) rebounded somewhat to 4.9 percent for the second quarter of 2008 after recording 2.1 percent in the first quarter.

“This improvement in growth in the second quarter of 2008 reflected strong increases in real value added by the primary and secondary sectors.

“The expansion was concentrated in mining and manufacturing, and could partly be attributed...

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