Zuma: World Cup is uniting South Africa
The Soccer World Cup was uniting SA, much like the 1995 world rugby victory helped break down racial barriers, said President Jacob Zuma on Sunday.
The Soccer World Cup was uniting SA, much like the 1995 world rugby victory helped break down racial barriers, said President Jacob Zuma on Sunday.
British and South African police have foiled an attempt by English hooligans to sneak into the country for the World Cup via Dubai.
Foreigners will inject R13-billion into South Africa’s economy during the World Cup, a study shows.
World Cup organisers said on Wednesday they were very happy with ticket sales for June’s soccer spectacular and slammed alarmist foreign reports.
Confidence in SA’s economy edged up in November after it emerged from recession in the third quarter.
The central bank should target employment when deciding on interest rates, and worry less about inflation, a top Cosatu official said on Thursday.
Reserve Bank Governor Tito Mboweni bids farewell to the bank this weekend after a decade fighting inflation in a jovial and personable style.
South Africa will keep spending to steer its way through a global downturn and its first recession in nearly two decades.
South Africa’s inflation target remains in place but the government and central bank would soon start talks on the best way to manage prices.
South Africa’s central bank has offered ”sufficient” monetary policy accommodation to help pull the economy out of a ”mild” recession.