insert_link South Africa S.A. Trade Minister Says Davos Meeting to Showcase South Africa’s Economic Progress S.A's Minister of Trade, Industry, and Competition, Parks Tau, says the World Economic Forum Annual Meeting will be a platform for South Africa to show that it addresses the challenges facing the economy and the country. He says the importance of attending the WEF meeting cannot be underestimated in the face of South Africa’s ambitions to prop itself up as an investment destination of choice: today17 January, 2025
insert_link South Africa SA’s Illicit Economy Costs R100 Billion Annuall In South Africa, Minister of Trade, Industry and Competition, Parks Tau, says the illicit economy is costing South Africa 100-billion-rand annually, undermining industrialisation and job creation. Tau highlights importers' practices like under-declaring goods' value and misusing rebates, affecting local manufacturers. He says an Inter-Agency Working Group has been formed, focusing on scrap metal, gold, clothing, textiles, footwear, and leather to combat this: today1 August, 2024
