Most recent The Edward Protea Hotel Durban News

The Edward Protea Hotel Durban Why franchisers are expanding their horizon the edward protea hotel durban The hospitality sector has the likes of the Protea franchises all above the place. In Lagos alone, you can count close to half a dozen or far more. Protea is a South African hotel. Radisson Blue, along Ozumba Mbadiwe in Victoria Island, Lagos, ...

SA 'monitoring effects of US downgrade'

Write-up by Z Moses The National Treasury and the Reserve Bank, even though closely monitoring the effects of the US credit downgrade and Europe's sovereign debt crisis, have expressed self-confidence in South Africa's economy and fiscal markets. Protea Hotel Hatfield is situated in the stylish and upmarket suburb of Hatfield. A single of the newest hotels in Pretoria, the Protea Hotel Hatfield is ideally positioned near to tourist attractions, business centres, purchasing malls, embassies and sports stadiums.Accessible to book on the internet on bookmyroom-sa.com. Finance Minister Pravin Gordhan, Reserve Financial institution Governor Gill Marcus and members of the Fiscal Stability Oversight Committee held talks on Monday following news of the US credit rating downgrade. On Friday, for the first time in historical past, rating agency Standard &amp Poor's downgraded the US from the highest doable rating. Protea Hotel Waterfront Centurion The 4-Star Protea Hotel Waterfront Centurion is located on the safe and tranquil Centurion Waterfront, midway in between Johannesburg and Pretoria. The Hotel is situated adjacent to the Centurion Mall shopping complex with its selection of restaurants, bars, boutiques, cinemas and banking institutions.Available to book online on bookmyroom-sa.com. "South Africa has deep and liquid monetary markets which continue to function even throughout this hard time of worldwide economic turmoil," Gordhan and Marcus stated in a joint statement. "All rating agencies rate South Africa at an investment grade. Standard and Poor's, in distinct, affirmed South Africa's sovereign rating and even revised the rating outlook from damaging to stable, citing the country's sound economic management. "Our monetary technique remains powerful, with adequately capitalised economic institutions, supported by a robust regulatory framework," Gordhan and Marcus stated.  "The National Treasury and the Reserve Bank will carry on to actively keep track of the situation to mitigate any financial stability dangers and any adverse quick-expression and lengthy-phrase effects on the broader economic climate."  South Africa, as a member of the G20, would remain in close speak to with other member nations ready to take action to make sure stability and liquidity in financial markets.  "In the prolonged term, South Africa notes the require for bold global financial leadership, especially in dealing with global financial imbalances." Protea Hotel Edward Durban Situated on Durban's famous Golden Mile, inside of five minutes of the city centre, the Protea Hotel Edward (Durban) heralds a time of Victorian elegance. This globe-renowned Hotel has played host to Princes and Presidents, Field Marshals, millionaires and movie stars given that 1911.Accessible to book on-line on bookmyroom-sa.com. Gordhan and Marcus stated they remained confident in South Africa's development forecast and fiscal projections outlined in the course of the 2011/12 Spending budget. Tabling the Spending budget in February, Gordhan mentioned SA's gross domestic item (GDP) growth was projected at three.4 percent this year, rising to 4.one % following year. The forecast will be updated in October when he tables the country's medium term spending budget policy statement. The government would "carry on to implement measures to accelerate economic development and stimulate quicker job creation," the statement study. The Edward Protea Hotel Durban [l]