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
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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