IMF: Inflation-targeting the right policy for SA

Inflation-targeting is the right policy for South Africa, the International Monetary Fund (IMF) said on Wednesday.

SA exiting recession 'reasonably rapidly'

South Africa is coming out of its first recession in almost two decades reasonably quickly, SA Reserve Bank Governor Gill Marcus said on Tuesday.

Rates seen steady as Marcus takes helm

The SARB will likely keep rates unchanged at the end of a two-day meeting that started on Monday, the first to be chaired by new Governor Gill Marcus.

Gordhan to debate inflation targeting

South Africa's inflation target remains in place but the government and central bank would soon start talks on the best way to manage prices.

IMF: SA economy to shrink 2,1% in 2009

S's economy will probably contract by 2,1% in 2009, but recover next year, supported by a strong countercyclical policy response to the downturn.

Cosatu says Marcus guided by the 'spirit of Polokwane'

South African Reserve Bank governor Gill Marcus will implement the policies already in place, ANC secretary general Gwede Mantashe said on Monday.

Govt committed to halving unemployment

The government is still committed to halving unemployment and poverty by 2014, despite the global economic downturn, Trevor Manuel said on Tuesday.

Stiglitz slams inflation-targeting

It is "nonsense" that inflation-targeting is necessary for strong and stable growth, Nobel Prize-winning economist Joseph Stiglitz said on Wednesday.

Gordhan: Inflation targeting to stay

South Africa will keep its policy of targeting inflation, which has helped to stabilise prices and encouraged economic growth.

IN THIS WEEK'S PAPER

Sponsored links

	Business travel experts		Flowers & gifts
	Domestic & Regional Airline		Bulk SMS gateway