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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.
The economy of South Africa is a mixed economy, emerging market, and upper-middle-income economy, one of only eight such countries in Africa. [ 25][ 26][ 27] The economy is the most industrialised, technologically advanced, and diversified in Africa. [ 28] Following 1996, at the end of over twelve years of international sanctions, South Africa ...
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 ...
South Africa's CPI slowed to 3.8 percent in March, the lowest figure since January 2011, as the end of the worst drought in decades helped push down food prices. In a speech posted on the South ...
India. Wholesale Price Index (WPI) WPI first published in 1902, and was one of the more economic indicators available to policy makers until it was replaced by most developed countries by the Consumer Price Index in the 1970s. WPI is the index that is used to measure the change in the average price level of goods traded in wholesale market.
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.
The Communist Party of South Africa was founded in 1921 by the joining together of the International Socialist League and others under the leadership of Willam H. Andrews. It first came to prominence during the Rand Revolt, a strike by white miners in 1922. The large mining concerns, facing labour shortages and wage pressures, had announced ...
Fochville is a farming and mining town located in the Gauteng province of South Africa. It is part of the Merafong City Local Municipality, which also includes Kokosi, Carletonville and Khutsong . The area surrounding Fochville contains Sotho or Tswana ruins. Tlokwe Ruins are the remains of Sotho-Tswana settlements on the hills surrounding ...