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 | High Count for Current Account
22 Jul 2010
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.
Economic Update | Stronger Ties with China
22 Jul 2010
President Hu Jintao of China made a visit to South Africa last week, pledging to increase imports from South Africa to narrow the trade gap between the two countries.
Economic Update | Growing Tourism Market
22 Jul 2010
The South African Tourism group (SAT) recently signed a deal with BBC World to promote the country as a destination for international tourists.
Economic Update | Credit Driven Consumption
22 Jul 2010
Growth in demand for credit by South Africa's private sector slowed in December 2006, which has led some analysts to the conclusion that the central bank may not hike interest rates in February, as...
Economic Update | A Rejuvenated City
22 Jul 2010
Over the past 10 years, Durban has undergone extensive growth and rejuvenation efforts that have included the development of luxury resorts and the gentrification of beachfronts, raising the city's...
