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
Child protection needs more than prevailing laws

The rise in defilement and missing persons cases, particularly over the recent festive period, points not merely to a failure of policing, but to a profound and widespread societal crisis. Whilst the Police chief’s plea is rightly directed at parents, the root of this emergency runs deeper, demanding a collective response from every corner of our community. Marathe’s observations paint a picture of neglect with children left alone for...

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