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/ 30 November 2007
South Africa’s monthly trade deficit jumped to a record R14,73-billion in October, compared to September’s R4,3-billion shortfall, the South African Revenue Service said on Friday. Economists polled by Reuters last week had forecast a deficit of R6,8-billion.
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/ 29 November 2007
The continued strong rises in credit extension provided little counter to the shocking inflation figures released on Wednesday and the chances of an interest-rate hike next week now seemed an almost assured fact, the Efficient Group said on Thursday. This comes after the South African Reserve Bank released both the October monetary aggregates and credit extension figures.
