The South African Reserve Bank’s Monetary Policy Committee (MPC) raised the key monetary policy interest rate – the repurchase, or repo rate – by 25 basis points from 5,75% to 6% per annum.

South Africa’s economy is expected to grow by three percent by 2017 as the country has taken several steps to address the challenge of energy, says Finance Minister Nhlanhla Nene.

Tuesday, 25 November 2014 17:54

GDP increase by 1.4% in the third quarter 2014

South Africa's Gross Domestic Product (GDP) increased by 1.4% in the third quarter, Statistics South Africa (Stats SA)

President Jacob Zuma says expanding the economy will take centre stage in the new administration.

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