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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 ...
The Oorlam people, led by Jonker Afrikaner, leave for south-west Africa. The missionary John Philip founds Philippolis, the first European settlement of the Transorangia. 1824. Founding of Port Natal, later called Durban. The Zulu king Shaka comes into contact with the white settlers.
A certificate of deposit ( CD) is a time deposit sold by banks, thrift institutions, and credit unions in the United States. CDs typically differ from savings accounts because the CD has a specific, fixed term before money can be withdrawn without penalty and generally higher interest rates. The bank expects the CDs to be held until maturity ...
A jumbo CD is a certificate of deposit that requires a higher minimum deposit — typically $100,000. Like regular CDs, jumbo CDs come with a fixed interest rate and term. They're attractive to ...
A certificate of deposit — or CD — is a type of deposit account that allows you to grow your savings at higher rates than a traditional savings account. Offered by big-name and digital banks ...
Disinvestment (or divestment) from South Africa was first advocated in the 1960s in protest against South Africa's system of apartheid, but was not implemented on a significant scale until the mid-1980s. A disinvestment policy the U.S. adopted in 1986 in response to the disinvestment campaign is credited with playing a role in pressuring the ...
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.