THE SMART NEWS SOURCE | Feb 10 2012 15:47 | LAST UPDATED Feb 10 2012 15:47 |
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If you’ve got a job, be happyBut South Africa’s economic prospects are looking rosy, with Africa presenting many opportunities. How to deal with a downgradeSome blame the occult, others the eurozone, but France gets down to brass tacks. Lagarde warns SA 2012 will be challengingThe IMF's Christine Lagarde says the South African economy's biggest threats in 2012 will be unemployment and the eurozone crisis. Times in Africa are a-changin'Looking back to Mandela's childhood, it is clear how far the continent has come. SA's economic prognosis is goodGood figures from last year suggest that 2012 is likely to be even better. EU crisis hammers SA jobsThis week gross domestic product (GDP) figures indicated a continued trend of slow economic growth with inflation on the rise. Gordhan: Everything's going to be all right ... probablyThe odds are 60-40 against the global economy falling back into a so-called double dip recession, says Finance Minister Pravin Gordhan. Growing SA economy falls short of Gordhan's hopesThe economy has bounced out of recession and is growing again, says Moody's -- but not by as much as Finance Minister Pravin Gordhan had predicted. SA's fourth-quarter GDP beats forecastsSouth Africa's economic growth came in higher than expected in the fourth quarter. Investors wake up to AfricaWalmart's entry into Africa through the purchase of a stake in Massmart reflects a change in the attitude of global investors to the continent. |
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