There were few advocates for the New Partnership for Africa’s Development in the US, Stephen Hayes, President of the Corporate Council on Africa said on Wednesday.
The Nepad peer review mechanism is a voluntary process and nine countries have signed up for the review, Professor Wiseman Nkuhlu, says the chairman of the Nepad Steering Committee.
The start of the American invasion of Iraq and the consequent collapse in oil prices to three-month lows should result in the South African Reserve Bank (SARB) Monetary Policy Committee (MPC) agreeing to cut interest rates.
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/ 24 February 2003
The South African Treasury is rolling in money and will be able to give taxpayers back some R10-billion rand when the 2003/4 Budget is presented on Wednesday, PLJ Financial Services chief economist Dawie Roodt said.
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/ 26 November 2002
The rand reached 9,2675 rand per dollar earlier this week, a 17% improvement against the US dollar since the start of this year, and a massive 35% improvement on the record worst level of R13,86 per dollar reached on December 20, 2001.
The retail petrol price in South Africa should drop by 18 cents per litre (c/l), the latest data from the
Department of Minerals and Energy shows. An official announcement is expected on Monday, December 2.
SA’s private sector land freight volumes rose by 8% year-on-year in September to 45,754 million metric tons, while the volume of goods transported by state-owned Transnet declined by 1% y/y to 14,686-million metric tons.