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Cut in repo rate likely, say economists
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… the next couple of months," said the Bank in its weekly economic preview. Investment Solutions senior economist Chris … in South Africa. Nedbank said: "Although recently released economic indicators suggest that household demand has been firm, overall the local recovery remains fragile, with downside risks on the …Medium Term Budget Policy Statement
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… those who are poor and those who are privileged, want economic growth. But not just any growth. We want economic growth that creates opportunities for meaningful … significantly to global growth. There are signs that this recovery has slowed since mid-year. In the US, the Federal …Unemployment increases slightly in 3rd quarter
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… and employing, despite four consecutive quarters of economic growth. "The current employment trends suggest that … about the strength and sustainability of the current economic recovery," said Nedbank economist Nicky Weimar. Weimar said …SA sets course for new economic path
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… Pretoria - South Africa is to embark on new economic growth path that will aim to create more jobs and … in the Presidency Collins Chabane, who sits in the Economic Cooperation and Development Cluster, said the new … Africa's economy was among the first to show signs of recovery following the global recession, regulatory reforms …Cabinet statement on the new growth path
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… convened a special cabinet meeting to discuss the key economic challenges facing South Africa and endorsed a … that will place employment at the centre of government economic policy. The new growth path is a broad framework … the emergence of new centres of economic power, with rapid recovery and fast growth in China, India and Brazil, backed …SA needs environment for investment
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… - Although South Africa's economy is well into a modest recovery it must create an environment that is favourable to … "The South African economy is well into modest recovery. Economic growth came in at 4.6 percent during the first … What is crucial in South Africa, he said, is inclusive economic growth, growth that creates jobs, reduces poverty …Reserve Bank cuts repo rate
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… said Marcus. The central bank noted that the global economic outlook continues to be characterised by heightened … low growth global outlook poses a risk for the domestic economic growth, inflationary pressure from advanced … following recent data, which pointed towards the domestic recovery losing some momentum and inflation falling further …GDP expected to slow down in second quarter
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… has happened globally is that we've started to see some recovery however this has stalled in the last few months. I … in manufacturing output," said Nedbank in its weekly economic commentary . Apart from the GDP figures Stats SA is …President Zuma commits to helping rebuild Somalia
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… been our suffering and now that they are on the road to recovery and prosperity, we wish to walk beside them and … to define a programme of action to strengthen trade and economic relations that are beneficial. “We are therefore …SA needs new growth path
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… not manage to get unemployment below 22.8 percent of the economic year to publication," said Davies. Deputy President … rate and a better utilisation of labour. In March, Economic Development Minister Ebrahim Patel announced a shift … ensure a competitive currency". The report showed global recovery was fragile and uneven with emerging markets leading …Business confidence goes up
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… improved in the third quarter of 2010, says the Bureau for Economic Research (BER). "The results indicate that the recovery in the retail sector remained on track, although …Leaders urged to invest in eradicating poverty
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… cohesion. And it means reconsidering conventional wisdom. Recovery from the economic crisis should not mean a return to the flawed and …CPI rises to 3.4 percent in October
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… keep interest rates on hold throughout 2011 as the local recovery remains relatively modest and inflation slowly … easing is still possible if the rand remains strong, economic growth disappoints again and inflation remains," …CPI rises to 3.4 percent in October
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… keep interest rates on hold throughout 2011 as the local recovery remains relatively modest and inflation slowly … easing is still possible if the rand remains strong, economic growth disappoints again and inflation remains," …IBSA unites for job creation
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… recession. The programme aims to promote a job-intensive recovery from the global economic downturn, create a framework for sustainable growth …Nation Address by Jacob Zuma
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… to Tata Madiba and his family, and wish him a speedy recovery. Compatriots, We need to accept the reality that … not a welfare state, the social grants will be linked to economic activity and community development, to enable … in the face of the recent financial crisis and the global economic meltdown. The Budget deficit is set to decline from …Positive outlook for August retail sales
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… next meeting in mid November, showing that South Africa's economic recovery remains on a relatively firm footing. "We therefore … have moderated to 7.4 percent," Nedbank said it its weekly economic forecast. Meanwhile, Standard Bank pointed out that …MPC keeps repo rate at 5.5 percent
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… that it is of the view that the domestic consumption recovery will be sustained. "While there are increasing risks … to revised assumptions of the international oil price. The economic outlook globally said the Reserve Bank remains …Business welcomes SARB's interest rate decision
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… rates as is. "BUSA [Business Unity SA] shares the overall economic assessment offered by the Bank today and on a … BUSA also agreed with the Reserve Bank that the current economic recovery is modest and vulnerable, with a growth rate of …Monthly vehicle sales show decline
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… of the new car emissions tax regime. Certain domestic economic performance indicators such as the Purchasing … Managers Index and the Reserve Bank's leading indicator of economic activity also suggested that domestic economic … in the case of export sales, the sustainability of the recovery in the global economy," explained NAAMSA. Standard …