Economic growth not encouraged by high inflation

Pretoria – Low interest rates and high inflation do not encourage economic growth, economist Chris Hart said on Tuesday. “Low interest rates in the developed world have become counter-productive…. Growth has to be funded. In South Africa where...

Economic downturn effects manufacturing

Cape Town – Trade and Industry Minister Rob Davies has highlighted that the global economic meltdown and European debt crisis was affecting SA’s manufacturing industry. The minister recently briefed journalists following his department’s presentation of...

Policy alone cannot solve economic crisis

Pretoria – Monetary policy alone cannot solve the global economic crisis, Reserve Bank Governor Gill Marcus said on Tuesday. The governor said that normal cyclical downturns are often reinforced by tight monetary policies in response to an overheating economy...

Economic empowerment for SA women

Pretoria – Economic empowerment for South African women will be the focal point of this year’s annual Women’s Month celebrations. Minister for Women, Children and People with Disabilities, Lulu Xingwana, unveiled the 2011 Women’s Month programme on Sunday in...