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Friday's announcement also comes a week after Suntech said it was cutting about 800 jobs and suspending the hiring of a further 2, 000 new staff due to the difficult economic environment.
FORBES: Solar module maker has better-than-expected sales in Q4.
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South Africa's 2010 Local Organising Committee chairman Danny Jordaan has said he sees the competition as nothing less than a chance to "construct a new economic and business environment for the continent", using South Africa as a catalyst.
BBC: South Africa greets Soccerex business
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The significance of the new working groups, which cover public services, economic competitiveness, security, the environment and energy, the role of the state and foreign policy, is twofold.
ECONOMIST: Bagehot
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We can do it if together we support a new model for economic development, in harmony with the environment.
WHITEHOUSE: Official Arrival of President Calder��n
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Despite the difficult economic environment for retailers (See: "Retailers Crawl Into New Year"), the company said low prices and strong international sales drove the quarter's results.
FORBES: Magazine Article
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Now think of the possibilities, at this remarkable moment in time--as we climb out of the global downturn, enter the so-called "new normal" set of economic conditions, adapt to a business and competitive environment of accelerating complexity and stand witness to a historic explosion of information.
FORBES: Magazine Article
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The environment, transport and local-government ministries were joined by economic liberals keen to accelerate new housing developments, roads and airport runways.
ECONOMIST: The reshuffle