19 « June « 2008 « Investment Postcards from Cape Town

Hunting peaks as growth sacrifice deepens

By Prieur du Plessis, on June 19th, 2008 posted in: South Africa

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By Cees Bruggemans

As we approach midyear, the global and local scenes are still upping the ante daily.

Locally, we have just increased interest rates for the tenth time by 0.5% in two years, prime rising to 15.5%, with more increases likely. Perhaps not many more, but enough to turn yesterday’s [...]

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