We think there will be an announcement on exchange controls in the Budget or around the time of the Budget.
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Fortunately, interest rates remain at 25-year lows and are expected to remain low over the coming year.Kevin Lings
Given the still relatively robust domestic demand and an anticipated pick-up in fixed investment spending, the trade balance should continue to trend weaker.
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South Africa is screaming out for a broad-based policy response to deal with these obstacles.
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