World Bank lowers projection

World Bank lowers projection

Washington – The World Bank on Tuesday lowered its projection for the global economic outlook this year, as developing countries are heading for disappointing growth, while high-income countries are gaining momentum. World Bank lowers projection for global...

Housing Market Returns To Growth

Housing Market Returns To Growth In October As Prices And Transactions Climb – Transactions increase by 24% in October compared to previous month –  House prices see first monthly increase since May, rising by 0.1% David Newnes, Director of LSL Property...

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...