The ANC is set to fall just short of the two-thirds of votes needed to ensure a parliamentary majority sufficient to make sweeping changes.
South Africa’s central bank is likely to keep its aggressive monetary easing stance next week with a steep rate cut to boost the economy.
Tito Mboweni said on Tuesday he ”might not be surprised” to see another quarter of negative growth, which would send the economy into recession.
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/ 3 February 2009
South Africa’s price growth was lower in December under a new, re-weighted index, though the fall was less than expected.
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/ 24 December 2008
Growth in credit extended to SA’s private sector is likely to have slowed in the year to November, as households hold back on taking on more debt.
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/ 9 November 2008
Zimbabwean opposition leader Morgan Tsvangirai asked a summit of leaders on Sunday to set a deadline for an agreement on forming a Cabinet.
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/ 7 November 2008
South Africa’s economy will slow in 2008 but a healthy banking sector will stave off a recession even in the face of global financial turmoil.
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/ 31 October 2008
SA will stand a better chance of ending poverty if the country maintains free-market policies, Mosiuoa Lekota said on Friday.
SA’s economic confidence rose in September, largely due to expected easing in interest rates and inflation in 2009, a survey showed on Thursday.
Reserve Bank Governor Tito Mboweni can be proud of implementing sound economic policies, but he has faced criticism for defending inflation targets.