SA exiting recession reasonably fast: c.bank

South Africa is coming out of its first recession in almost two decades reasonably quickly, Reserve Bank Governor Gill Marcus said on yesterday, as data showed the economy growing late last year.

Official figures showed South Africa's GDP expanded by 3.2 percent in the fourth quarter of 2009 on a seasonally-adjusted and annualised basis.

"Various short-term indicators also show South Africa coming out of the recession reasonably rapidly," central bank chief Marcus told a parliamentary commitee.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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