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/ 30 July 2008

Inflation: What happened?

Normally, inflation data is reweighted every five years to factor in changes in consumer behaviour. As the economy grows and wages increase, spending on certain items such as food, electricity and petrol tend to decrease. This time, however, Statistics South Africa (Stats SA) is releasing the new inflation data six years after the last official […]

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/ 22 April 2008

JSE flat on lack of direction

South African stocks were little changed at noon on Tuesday in a thin-volume session, as some traders remained on the sidelines ahead of Wall Street opening. At midday the all-share index was neither here nor there (-0,06%) at 31 754,380. Resources were up 0,50% but the gold- and platinum-mining indices were down 0,16% and 1,63% respectively.

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/ 16 November 2007

Mbeki hits back on poverty claim

Writing in his weekly newsletter on the African National Congress website, President Thabo Mbeki on Friday railed against the South African Institute of Race Relations (SAIRR) for making ”the startling claim” that more South Africans are now poorer than they were in 1996. The SAIRR, in turn, defended itself in a statement released later in the day.