Forecasts reveal that the

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A South African bank has come out on top in the Lafferty 2016 Bank Quality Rankings. The inaugural rating system took into account various factors, including financial and non-financial disclosures and customer satisfaction. South Africa's minister of finance, Pravin Gordhan, and representatives of the Reserve Bank, business and labour embarked on an international roadshow last week to pass on a single message to investors: the country is stable and has healthy economy, able to overcome challenges. South Africa has reiterated its commitment to the development of the energy sector as one of the most vital keys to easing constraints to economic growth. The expansion of the nuclear energy will be implemented over the next decade, adding to the R83-billion already invested in Eskom. South African's commitment to creating a viable ocean economy, as part of its National Development Plan Vision 2030, was underscored this week with an announcement that it has made a R7-billion investment in new port facilities, such as oil and gas hubs, aquaculture and boat building.

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Source: www.southafrica.info
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