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/ 3 September 2008
Economist Clem Sunter said during a BDO seminar on Tuesday evening that the recession in the United States was starting to spread like a virus.
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/ 2 September 2008
Reserve Bank Governor Tito Mboweni said on Tuesday that he will complete his current term in August 2009, and if asked to serve another term, he will.
SA stocks remained volatile by noon on Wednesday as resources flip-flopped around, but a CPIX reading in line with expectations aided banks.
South African stocks were on the retreat by noon on Tuesday as a strong dollar upset commodity prices and stocks.
The <i>Financial Mail</i> reported on Thursday that South Africa could switch to targeting CPI and not CPIX inflation.
The South African Reserve Bank monetary policy committee’s rates meeting started on Wednesday morning.
It is "not bad" if the rand stays around current levels rather than heading to R8 to the dollar, says a senior derivatives dealer.
Global analysts Lehman Brothers said on Wednesday that they viewed central bank governor Tito Mboweni’s speech on Tuesday as "mildly hawkish".
Finance Minister Trevor Manuel said on Wednesday that there is a responsibility by all of those of his era to construct a deep democracy in SA.
Finance Minister Trevor Manuel convened a meeting on Thursday between the Treasury and Cosatu in an attempt to resolve numerous challenges.