Vol.21 No.118

Wednesday 4 August 2004    

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Business Week
Southern Africa growth rate remains fixed
THE economic growth rate for southern Africa remained flat at an average of 3.2 % for 2003, similar to 2002, according to the executive secretary of the Southern African Development Community (SADC), Dr Prega Ramsamy. Ramsamy told journalists at a pre-summit media briefing on Monday that the failure by the region to improve on its economic growth rate was due to a number of unfavourable factors, among them, the slower growth rate of the South African economy - by far the largest economy in the region.

IMF concludes 2003 Article IV consultation with Botswana
THE Executive Board of the International Monetary Fund (IMF) has concluded the Article IV consultation with Botswana. The directors of the Board noted that Botswana's sound macroeconomic policies have contributed to sustained growth and single-digit inflation, which, together with strong institutions and prudent natural resource management, have helped place the country among the best-performing economies in Africa over the last three decades.

A firm believer in teamwork
JOSHUA Galeforolwe - Chief Executive Officer, of Public Enterprises Evaluation and Privatisation Agency (PEEPA) is a firm believer in teamwork. He believes that all achievements made by the government's privatisation agency should be attributed to teamwork and not to any individual.

  

 
Mmegi, 2002
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