Demand for credit from South Africa’s private sector fell more than expected in April, reflecting companies’ reluctance to borrow further.
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/ 20 January 2010
South African retail sales fell more sharply than expected in November, highlighting the weakness of consumer demand.
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/ 16 November 2009
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.
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/ 3 November 2009
Rising credit impairments at South African banks do not pose a major systemic threat to the financial sector, the central bank said on Tuesday.
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/ 18 September 2009
South Africa’s targeted consumer inflation likely slowed further in August, a poll has shown.
SA’s targeted consumer inflation is likely to have slowed further in July on easing food prices and depressed local demand, a Reuters survey showed.
South Africa’s central bank should pursue its objectives of maintaining price stability regardless of political pressure, Governor Tito Mboweni said.
SA economic confidence rose in July on the back of an expected mild economic recovery next year, the Reuters Econometer showed on Thursday.
South African economic confidence fell to a nine-month low in June due to expectations that the economy will shrink faster than previously expected.
South African building workers began an indefinite strike on Wednesday that will halt work at stadiums for the 2010 World Cup.