SA fixed investment spending holding up

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By Kevin Lings

SA fixed investment spending maintained solid growth of 10.0%q/q (annualised) in Q3 2008, up from a revised 6.0%q/q in Q2 2008. (In 2007 fixed investment spending grew by an extremely robust 16.3%y/y, which is the strongest annual growth in investment activity since 1980).

The solid performance in Q3 […]

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Fragile funding flows indicate continued rand weakness

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By Michael Kafe & Andrea Masia

Introduction Data released by the SARB in its 4Q08 Quarterly Bulletin (QB) show that South Africa’s current account deficit rose from 7.3% to 7.9% of GDP in 3Q08. While this is no doubt less severe than our central forecast of 8.5%, it is nevertheless a significant […]

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Reuters SA Survey of Economists (November 2008)

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The November edition of the Reuters South African Survey of Economists has just been published. (The Reuters Econometer is a measure of economic sentiment drawn from a monthly poll of forecasts by leading economists in South Africa and abroad and presented in the form an index). The weightings used in the index are: […]

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