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Gordon Bell

World Cup safe from global crisis

Africa waited decades to host its first Soccer World Cup and when it comes, it's during an unprecedented global economic crisis.

SA won’t rush for imperfect Doha deal

SA does not expect an early end to the Doha trade talks and wants imbalances in current proposals addressed before pushing for a conclusion.

SA faces sharp cyclical downturn, says Treasury

SA faces a sharp downturn after a prolonged boom and is responding with counter-cyclical measures to boost growth, Treasury DG Lesetja Kganyago says.

Mboweni: SA set for second negative quarter

South Africa looks set for a second consecutive quarter of negative growth, Tito Mboweni said on Tuesday, tipping the country into recession.

Reserve Bank says inflation to ease on slowing growth

SA's economy will remain lacklustre this year, helping to cool inflation, although expected electricity price increases pose a risk to the outlook.

SADC summit expected to suspend Madagascar

Southern African leaders were on Monday expected to suspend Madagascar from the SADC regional grouping, after its president was forced from office.

Reserve Bank moves up rates meeting

Tito Mboweni announced on Wednesday that the South African Reserve Bank will now meet on March 23 and 24 to decide on interest rates.

SA ramps up spending to fight slowing growth

SA ramped up spending in its 2009 budget but cut taxes to counter a global slowdown and boost an economy seen limping to its lowest rate of growth.

SA inflation brakes, big rate cut likely

SA inflation braked sharply in December, data showed on Wednesday, hardening the case for an aggressive interest-rate cut next week.

SA economic confidence flat — rates, growth to fall

South African economic confidence has edged up to a 20-month high, suggesting improved conditions towards the end of 2009 as inflation eases.

Mboweni: Inflation outlook improves

SA's inflation outlook has improved and it is hoped that an easing since August is the start of a consistent downward trend.

SA says economy sound despite Fitch outlook cut

South Africa's Treasury said on Monday its economy was sound and it was confident its debt ratings would not be downgraded.

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