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Parliament to debate recession, fuel price hikes

By: News24Wire      12th September 2018 Parliament will debate record fuel prices and ideas for economic revival on Wednesday afternoon.  Last week Stats SA announced that SA had slipped into a technical recession - defined as two successive quarters of negative economic growth - for the first time since 2009.  

Huge petrol price hike to kick in next Wednesday

By: News24Wire      28th March 2018 The price of 95 unleaded and leaded petrol in Gauteng will increase by 72c/l and at the coast 62c/l with effect from next Wednesday, the Department of Energy announced on Wednesday. The per litre pump price of 93 unleaded and leaded petrol will increase 69c/l in Gauteng and 59c/l at the coast,... 

Repo rate unchanged

By: Sapa     29th January 2015 The repo rate will remain unchanged at 5.75%, the SA Reserve Bank's monetary policy committee decided on Thursday. The domestic economic outlook remained subdued, Sarb governor Lesetja Kganyago said in Pretoria. 

Metal sector strike cost SA growth – SARB

By: Sapa     8th December 2014 The month-long strike in the metal sector knocked back the third-quarter growth rate of the South African economy by more than half of what it could have been, the SA Reserve Bank (SARB) said on Monday. In its latest Quarterly Bulletin, the bank said the annualised real economic growth rate... 

Repo rate unchanged

By: Sapa     20th November 2014 The repo rate will remain unchanged at 5.75%, South African Reserve Bank governor Lesetja Kganyago said in Pretoria on Thursday. Kganyago, announcing the monetary policy committee's decision for the first time as governor since replacing Gill Marcus, said the decision was unanimous. 

Poor productivity holding back business 

By: Sapa     20th August 2012 Poor productivity is holding back business in South Africa with the problem much worse than official estimates, according to a report released on Monday. Prophet Analytics analyst Peter Aling said labour productivity had declined since the 1980s, contrary to an SA Reserve Bank estimate that it... 

Stellenbosch joins the global space industry with nanosatellite components

By: Keith Campbell     29th June 2012 The University of Stellenbosch is to manufacture and sell key components for very small (or nano) satellites, known as CubeSats, on a commercial basis, following the conclusion of a marketing agreement with a Dutch satellite company. The deal was signed between the university’s wholly-owned... 

Stellenbosch joins the global space industry with nanosatellite components

By: Keith Campbell     19th June 2012 Stellenbosch University is to manufacture and sell key components for very small, or nano, satellites, known as CubeSats, on a commercial basis, following the conclusion of a marketing agreement with a Dutch satellite company. The deal was signed between the university’s wholly owned... 

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