While elections are just days away, the rand has remained relatively unresponsive to local elements ranging from politics to economic data.

Face of PE's inner city is set to undergo a drastic revamp, with plans to transform some old, rundown buildings into social housing projects.

In a presentation to the Standing Committee on Economic Opportunities, Tourism and Agriculture in the Western Cape Provincial Parliament, it was revealed that thousands of new jobs can be created in the development of an Aerotropolis surrounding Cape Town International Airport.

PetroSA's controversial R78-billion Mthombo refinery, planned for the Coega industrial development zone near Port Elizabeth, will create no more than 2500 permanent refinery jobs once it is operational, a far cry from the 27500 President Jacob Zuma envisaged.

The Department of Trade and Industry is conducting a review of policy on industrial development zones, which critics say do not offer enough incentives to attract investors.

N2 Gateway project hit by Cape Town spending cut  
Chris van Gas

Premier Mbhazima Shilowa yesterday defended the R2,5 billion price tag of the Gauteng government precinct in inner Johannesburg, arguing that it was cheaper than paying rent.

Development funds not spent because of lack of skills and staff, loan delays

Cape Town - The portfolio committee on finance's tortuous efforts to finalise the Municipal Finance Management Bill hit another stumbling block on Friday when it heard widely contradictory legal interpretations about the government's ability to place limits on municipal revenue-raising decisions.

THE proposed rates and services increases in Johannesburg were inflationary and contradicted the aims of building the economy of the city and creating jobs, the Democratic Alliance (DA) said yesterday.