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/ 9 December 2010
South Africa’s current-account deficit widened in the third quarter, partly due to a fall in receipts after the boost from the Soccer World Cup.
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/ 1 December 2010
The independence of South Africa’s Reserve Bank is not undermined by new economic growth proposals unveiled by the government last week.
Finance Minister Pravin Gordhan said on Wednesday local banks remained fairly stable in the face of Europe’s debt woes.
South African businesses have grown more worried about the direction of economic policy and the impact of above-inflation pay rises.
Finance Minister Pravin Gordhan said on Wednesday there was no need to change the South African Reserve Bank’s existing inflation target band.
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/ 17 February 2010
South Africa’s economy is expected to grow by 2,3% in 2010 after contracting 1,8% last year, but unemployment remains a critical challenge.
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/ 17 February 2010
SA’s central bank will continue to target inflation at between 3% and 6% although debate on monetary policy is constructive over the longer-term.
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/ 15 February 2010
Finance Minister Pravin Gordhan on Wednesday presents SA’s budget, days after Jacob Zuma pledged to spend R846-billion on public infrastructure.
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/ 18 September 2009
The Reserve Bank is likely to leave interest rates unchanged at its policy meeting next week, as concerns about the ailing economy abate.
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/ 10 September 2009
S’s economy will probably contract by 2,1% in 2009, but recover next year, supported by a strong countercyclical policy response to the downturn.