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News Highlight
19th Jan 2012

Interest Rate remains unchanged!

The South African Reserve Bank left its repo rate unchanged at 5.5% on Thursday as expected, with concerns about a slowing economy off-setting the pressures from inflation, which is likely to stay outside its target band for longer than previously expected.

At its first policy meeting of 2012, the bank raised its inflation forecast, saying it expected inflation to be outside its 3-6% target range throughout 2012, with the recent depreciation of the rand being the main ...[MORE]

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Exchange Rates

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Rates are compliment of the ECB and will be updated once a day on weekdays only.

Date & Weather

Date: 04.02.2012
Time: 18:09

Capetown:

Temp.: 29 °C / 84 °F
Wind: S / 13 kn
Sunrise: 05:43
Sunset: 20:15

Johannesburg:

Temp.: 19 °C / 66 °F
Wind: VRB / 3 kn
Sunrise: 05:19
Sunset: 19:22
IBN News (1st Jan 2010): A good start in 2010

News-Archive


A good start in 2010 - 1st Jan 2010

The year 2010 already shines at its beginning with a low inflation rate of 5.8%, an adjusted economic growth of 1% after the end of the recession, a strong Rand and announced petrol price cuts between 6c and 9c on 6 January 2010.

The JSE closed the old year with 29% profit and the property prices are finally rising.

To all a happy new, healthy and prosperous year 2010 in South Africa!
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