The South African Reserve Bank (the SARB) is the central bank of the Republic of South Africa. It regards its primary goal in the South African economic system as "the achievement and maintenance of price stability".
The South African Reserve Bank maintains that South Africa has a growing economy based on the principles of a market system, private and social initiative, effective competition and social fairness. It recognises, in the performance of its duties, the need to pursue balanced economic development and growth.
The South African Bureau of Standards (SABS) is a South African statutory body that was established in terms of the Standards Act, 1945 (Act No. 24 of 1945) and continues to operate in terms of the latest edition of the Standards Act, 2008 (Act No. 29 of 2008) as the national institution for the promotion and maintenance of standardisation and quality in connection with commodities and the rendering of services.
SABS, offers certification, testing, consignment inspection and other services, mostly to industry. Apart from offering systems certification and product testing against the requirements of South African National Standards (SANS), SABS Commercial also operates its proprietary product certification scheme – the SABS Mark of Approval, assuring buyers that products are safe, fit for purpose and offer redress
"A dynamic industrial, globally competitive South African economy, characterised by inclusive growth and development, decent employment and equity, built on the full potential of all citizens".
the dti´s mission is to:
• Promote structural transformation, towards a dynamic industrial and globally competitive economy;
• Provide a predictable, competitive, equitable and socially responsible environment, conducive to investment, trade and enterprise development;
• Broaden participation in the economy to strengthen economic development; and
• Continually improve the skills and capabilities of the dti to effectively deliver on its mandate and respond to the needs of South Africa's economic citizens
the dti´s strategic objectives are to:
1. Facilitate transformation of the economy to promote industrial development, investment, competitiveness and employment creation;
2. Build mutually beneficial regional and global relations to advance South Africa´s trade, industrial policy and economic development objectives;
3. Facilitate broad-based economic participation through targeted interventions to achieve more inclusive growth;
4. Create a fair regulatory environment that enables investment, trade and enterprise development in an equitable and socially responsible manner; and
5. Promote a professional, ethical, dynamic, competitive and customer-focused working environment that ensures effective and efficient service delivery
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