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Inflation should be within its three percent to six percent target
by the end of 2003 and should stay there next year, South African
Reserve Bank governor Tito Mboweni said on Friday.
The South African Police Service has made great strides in reducing
serious crime levels, although certain categories of crime have
increased, National Commissioner Jackie Selebi said yesterday.
A one percentage point interest rate cut was widely welcomed
yesterday as a boost for the economy, with some thought spared for
pensioners and others who would be negatively affected.
Senior officials from the five-nation West African Monetary Zone
met yesterday in the Nigerian capital Abuja to discuss moves to
introduce a single currency.
OPENING ADDRESS AT THE ALEXANDRA SEMINAR ON SMALL BUSINESSES BY THE
DEPUTY MINISTER OF TRADE AND INDUSTRY, LINDIWE HENDRICKS, East Bank
Hall (Alexandra), 21 August 2003
Zimbabwe has outlawed the holding by individuals and merchants of
cash exceeding five million Zimbabwean dollars or $6 250, in
another bid to stem a cash crisis that has hit the country for four...