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Consumer price index (South Africa) The consumer price index (CPI) is the official measure of inflation in South Africa. One variant, the consumer price index excluding mortgage costs (CPIX), is officially targeted by the South African Reserve Bank [1] and a primary measure that determines national interest rates.
Prior to the arrival of the European settlers in the 17th century the economy of what was to become South Africa was dominated by subsistence agriculture and hunting. [ 1] In the north, central and east of the country tribes of Bantu peoples occupied land on a communal basis under tribal chiefdoms. It was an overwhelmingly pastoral economy and ...
History of South Africa. The first modern humans are believed to have inhabited South Africa more than 100,000 years ago. [ 1] In 1999, UNESCO designated the region the Cradle of Humankind World Heritage site. [ 2] South Africa's first known inhabitants have been referred to as the Khoisan, the Khwe and the San.
South Africa's consumer price inflation is under control but it is too early for the central bank to declare victory in its pursuit to anchor inflation expectations closer to the midpoint of the 3 ...
The Dutch ship Nieuwe Haerlem runs aground at the Cape of Good Hope. Under the leadership of Leendert Janszen, the stranded Dutch seamen stay at the Cape for a year. After their return to the Netherlands, Leendert Janszen and Matthijs Proot are commissioned by the Dutch East India Company (VOC) to write a report on their findings on the feasibility of the Cape as a refreshment station.
South Africa since 1994 transitioned from the system of apartheid to one of majority rule. The election of 1994 resulted in a change in government with the African National Congress (ANC) coming to power. The ANC retained power after subsequent elections in 1999, 2004, 2009, 2014, and 2019. Children born during this period are known as the born ...
On 1 March 2020, the first patient later confirmed with COVID-19 in South Africa, returned with his wife and 8 others from the Milan, Italy, [ 1] travelling via Dubai, O. R. Tambo International Airport in Kempton Park, Gauteng [ 2] and King Shaka International Airport in Durban to Hilton. [ 3] On 3 March, the patient reported with symptoms to a ...
Stocks closed higher on Monday following an uneven start to the trading day as investors look ahead to a crucial inflation update and the Federal Reserve's last policy decision of the year. The ...