cape town south africa

a bright 2005 new year South Africa

Next year, 2005, will be the best year for South Africa in more than 30 years. For starters, the country will see a massive 52c petrol price cut next Wednesday, and Telkom has just announced an average 28 percent cut in some of its overseas calls.

Some economists have predicted large interest rate cuts, lower inflation, more jobs and almost double the annual economic growth of the past 10 years.Dawie Roodt, Chief Economist for the Efficient Group, said the past 10 years of high interest rates and job losses, which had been efforts to improve the country's overall productivity, had been successful in reducing high inflation read article:

posted by molo @ 1:03 AM