Ian Marsberg – The Mail & Guardian

/ 16 January 2008

Rate hike still looms despite retail sales dip

Despite a significant dip in real retail sales in South Africa, analysts feel that risks remain for another rate hike on January 31. However, the central bank may also have to ponder that real retail sales could head into negative territory in the months ahead and lead consumers into a recession.

By Evan Pickworth

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Article

/ 31 October 2007

September trade deficit lower at R4,3-billion

South Africa recorded a trade deficit of R4,3-billion in September, compared to August’s R9,1-billion shortfall, the South African Revenue Service said on Wednesday. Economists polled by Reuters last week had forecast a deficit of R6,4-billion, but the number is notoriously volatile and hard to predict.

By Staff Reporter