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(13.8.04) The rand was sharply weaker against major currencies in late afternoon trade yesterday after South African Reserve Bank governor Tito Mboweni announced a surprise 50 basis point cut in the repo rate to 7,5%.
Nico Kelder, economist at the Efficient Group says the yields on the capital market followed suite (fell).
(28.7.04) Strong Rand and Stable Inflation supports confidence in economy
(29.8.04) Slight increase in producer inflation unsurprising.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?