Reserve Bank indicator suggests some recovery on horizon

Reserve Bank indicator suggests some recovery on horizon
SOUTH Africa's leading indicator of business activity, compiled by the Reserve Bank, increased for the fifth consecutive month in November, suggesting some recovery in economic conditions in the months ahead. The marginal rate of increase in the …
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Patrick Bond
Thanks to such obedience, since 1994 South Africa's banking and insurance activities have risen from 5% to 13% of GDP. Because of banker power, by 2011 SA Reserve Bank governor Gill Marcus maintained the second highest prevailing nominal interest …
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World will change if US doesn't need its oil any more
With shale and gas reserves growing, self-sufficiency is under way. Shale formations exist … But this isn't news at all, since the policy mandates of central banks — the European Central Bank, Bank of England and the Bank of Japan — are and have …
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South African official inflation edges up
The data comes as the South African Reserve Bank huddles to discuss what they can do to turn lacklustre growth into something more likely to address sky-high unemployment. The increase in inflation towards the upper end of the bank's own inflation …
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