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/ 10 January 2008

SA November manufacturing slows

Growth in South Africa’s manufacturing output volumes eased in the year to November, data showed on Thursday, but this might not sway the central bank’s next decision on interest rates later this month. Statistics South Africa said manufacturing output slowed to 4,4% year-on-year in volume from an upwardly revised 5,7% in October.

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/ 10 January 2008

Manto to meet private hospitals over tariff hikes

Health Minister Manto Tshabalala-Msimang will meet heads of private hospital groups to discuss drastic hospital tariff increases, the Health Department said on Thursday. The meeting would take place on Friday to discuss the tariff increases from 8% to 33%, ”well above the general inflation rate”, said department spokesperson Charity Bhengu.

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/ 10 January 2008

Who are SA’s mystery millionaires?

Three National Lottery winners in November and December have still not claimed their prizes, new operator Gidani said on Thursday. Since the return of the National Lottery in October last year, 15 millionaires have been made and a total of R222-million has been paid out to charity organisations.

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/ 10 January 2008

House-price growth at seven-year low

Growth in house prices in the middle segment of the market slowed to a nominal 11,2% year-on-year in December 2007 — the lowest price growth since December 1999, when it was 9,3%, the Absa house-price index showed on Thursday. Nominal price growth of 12,5% year-on-year was recorded in November last year.