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SA banks in good shape
Global markets and the JSE continued to clock up losses with the All Share Index now below levels seen two years ago.
Razia Kahn
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South Africa records strong growth for 2007
South Africa’s economic growth jumped unexpectedly in the fourth quarter of 2007, keeping expansion for the year near a two-decade record at 5,1% as buoyant corporates outweighed slower consumer spending. Africa’s biggest economy has remained resilient despite higher interest rates, although growth is likely to slow in 2008.
