The Coega Development Corporation (CDC) Research Unit's second Quarterly Economic Review and Outlook for 2012, has predicted a fragile economic dispensation in South Africa over the next few financial quarters. The report, released last week, is an update covering significant features and economic information of both the world and South African economy. Despite projections of a drop in the global oil price, the forecast for imports and exports remains bleak. However the first quarter of … [Read more...] about SA economy ‘fragile’ and unemployment a crisis
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Clarity needed on Coega roads maintenance programme
Clarity is needed about the agreement between the Department of Roads and Public Works and the Coega Development Corporation (CDC) for road-maintenance in the province following the launch of a R1,5 billion roads contractor development programme. This programme is run by the Coega Development Agency, a subsidiary of the CDC. I have previously written in the media that up to 50% of the roads maintenance budget is being spent by the department and the CDC on administration of this programme … [Read more...] about Clarity needed on Coega roads maintenance programme
