No image available
/ 29 May 2008

Mboweni: Drastic measures required after CPIX figures

South African Reserve Bank Governor Tito Mboweni said on Wednesday that the task of the central bank is to maintain inflation in the 3% to 6% target band, and with CPIX (consumer inflation less mortgage costs) now at 10,4%, "drastic" measures are required. "This is way above the upper limit — you don’t have to be a genius to tell interest rates have to tighten," he said.

No image available
/ 31 December 2007

Zuma charges: State intends calling 218 witnesses

The state has identified a list of 218 witnesses it intends calling to testify in its case against African National Congress (ANC) president Jacob Zuma. Attached to the indictment, filed in the Pietermaritzburg High Court, the list of witnesses includes Independent Democrat party leader Patricia de Lille and former ANC MP Andrew Feinstein.