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By Andre Roux The seasonally adjusted Investec PMI sunk to 46.4 in February, well below the critical level of 50. In all likelihood, the decline reflects not only the effect of a softening real economy, but also the impact of the electricity crisis on the sector. Both output and new sales [...] More on this topic (What's this?) The 50 Biggest Estate Planning Mistakes (Michael James on Money, 1/29/12) Market Outlook: 50 Degrees and Sunny (Wall Street Daily, 11/16/11) Free Briefing: Invest in the One Technology That Will Dominate the Planet (Money Morning, 11/17/11)
By Kevin Lings In January 2008, South Africa’s trade account recorded another large deficit of R10.2 billion. The market was expecting a deficit of around R8 billion, although the trade balance is notoriously difficult to forecast. During January 2008, exports fell by a substantial 7.6%, while imports rose by a [...] More on this topic (What's this?) Chart of the day: current account deficit (Credit Writedowns, 5/17/08) Quote of the Day (In The Money, 12/8/11) Three challenges facing South Africa (Wall Street Sector Selector, 11/14/11) | ||||||||||||||||||
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