Steyn, Greta
October 2009
Finweek;10/22/2009, p10
The article reports on the statement of Tito Mboweni, governor of the South African Reserve Bank, on the economic condition in the country. He cites that recovery is not already an indicator that the economy is improving. He notes that development cannot be achieved directly since several factors are needed to be considered. Several charts are also presented depicting manufacturing production, the drop of the private sector credit growth and the purchasing managers' index (PMI).


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