South Africa

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Economic update | Climate Change Could Hit Hard

22 Jul 2010
Climate change could pose a major challenge to the South African economy, with water shortages and increasing aridity affecting agriculture, industry and urban settlement, experts have warned.
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Economic update | Fuelling the Future

22 Jul 2010
In an effort to reduce its dependence on imported oil, South Africa's Industrial Development Corporation (IDC) and the Central Energy Fund (CEF) announced earlier this month that they would be providing $448m in funding to establish biofuel operations in five communities across the country
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Economic update | Good Commercial for Property

22 Jul 2010
Figures released on April 3 by the UK-based Investment Property Databank (IPD), showed that the overall returns from the South African commercial property market, came in at 26.7% in 2006, a result that has been bettered only once in the past 12 years, with 30.1% in 2005.
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Economic update | Inflation Warning by Reserve Bank Governor

22 Jul 2010
Reserve Bank Governor Tito Mboweni has warned that South Africa's strong growth rate could be one of the factors driving up the country's inflation rate, adding to the pressure from high oil prices, strong consumer spending and the recent poor performance of the agricultural sector.
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Economic update | High Count for Current Account

22 Jul 2010
The central bank of South Africa just released the current account deficit figures for the fourth quarter of 2006, recording a rise to 7.8% of GDP.
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Economic update | Full Steam Ahead

22 Jul 2010
The Bombela Consortium recently announced it had finalised negotiations with Rand Merchant Bank and Standard Bank of South Africa Limited to fund its $430m commitment to the Gautrain project.
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