South Africa's Currency at All-Time Low
The country has seen the rand drop to its lowest level to the U.S. dollar in 14 years.
Lion's Head, Cape Town, South Africa.
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South Africa:
Weak Rand a Boon for Battling Zim Consumers
News24Wire, 21 August 2015
The falling rand is proving to be a blessing in disguise for neighbouring Zimbabwe, as its struggling consumers now face lower prices for foreign products from countries like China… Read more »
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South Africa:
CPI Rises to Five Percent
SAnews.gov.za, 19 August 2015
The Consumer Price Index (CPI) rose to 5% in July 2015, Statistics South Africa (Stats SA) said on Wednesday. Read more »
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South Africa:
CPI Increased By Five Percent in July – Stats SA
News24Wire, 19 August 2015
July's annual CPI inflation rate increased by 5%, according to Statistics South Africa (Stats SA) on Wednesday. Read more »
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Africa:
Like Nigeria, South Africa Fails
Vanguard, 11 August 2015
Elder statesman Dr. Tunji Braithwaite once recalled how his mother just six years into Nigeria's independence asked poignantly "when will this independence end?". That was how… Read more »
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Africa:
Like Nigeria, South Africa Fails (II)
Vanguard, 18 August 2015
There is a saying in the Yoruba country that the sound of rain shortly after the utterance of a cleric fortifies his belief that the heavens validate his assertion. As this column… Read more »