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May 24 2012 17:31
The Reserve Bank will maintain current interest rates, and a sizeable reduction in the local petrol price is expected, says governor Gill Marcus.
May 24 2012 15:29
The Reserve Bank will maintain current interest rates, says governor Gill Marcus.
May 24 2012 12:00
Britain fell deeper into recession than initially thought in the first quarter of 2012, upping chances that the central bank could inject more stimulus into the economy.
Johannesburg - President Jacob Zuma will leave for Angola on Wednesday as part of efforts aimed at strengthening bilateral and economic relations between South Africa and Angola, the Department of International Relations said on Monday.
Zuma's first state visit to the country is scheduled for August
20 and 21.
He will be accompanied by the Minister of International
Relations Maite Nkoana-Mashabane, Home Affairs Minister Nkosazana
Dlamini-Zuma , Minister of Human Settlements Tokyo Sexwale and
Minister of Public Enterprises Barbara Hogan.
A group of business people will also join Zuma, the department
said.
"There is a growing sense that stronger relations will be
mutually beneficial both at a political level as well as in the
private sector.
"Angola has tremendous resources and there is a massive interest
by the South African private sector to get involved in the Angolan reconstruction process."
The department said agreements aimed at strengthening existing
diplomatic ties will be signed.
- Sapa