South Africa’s economic outlook: 2008 – 2009

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By Cees Bruggemans

After a still strong 2007 in which non-agricultural GDP averaged 5.5% growth, CPIX inflation was a subdued 6%, and the rand averaged 7.05:$, economic prospects for 2008-2009 have undergone an abrupt deterioration.

The main negatives have been electricity disruptions, a further steep climb in CPIX inflation mainly on […]

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