Site last Updated: Jun 12 2009 9:47PM Career Junction  

Zuma sets help for poor as priority
CAPE TOWN — South Africa must act now to minimise the impact of the global financial crisis on the poor, but still has to spend wisely, President Jacob Zuma said today in his first state-of-the-nation address.
  • BUSA: Strengthening public sector essential
  • SACCI welcomes Zuma’s address
  • More jobs the focus of Zuma’s programme
  • Read the full speech


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    Cosatu backs strike call on rates 
    Labour federation Cosatu, an ally of the ruling ANC, on Thursday backed a call by metal workers for strikes to demand deeper interest rate cuts to help lift growth and save jobs.

    Times may be tough but US crime rate down 
    DALLAS — US crime rates have defied conventional wisdom by falling at a time when law enforcement officials had braced themselves for a surge because of the recession and joblessness.
  • Medical bills underlie 60% of US bankrupts: study


    • Economic crisis boosts distrust of business 
    BERLIN — Distrust of business has risen in the wake of the financial crisis, and about half those surveyed around the world see the private sector as corrupt, watchdog Transparency International said today.
    		Property Trends
    House price inflation drops to 4.5% in April 
    The Lightstone annual national house price inflation dropped to -3.1% in January based on Deeds Office transactions, according to the latest Lightstone House Price index.

    SARB’s tolerance of rand gains ends 
    The SA Reserve Bank’s (SARB) tolerance of rand gains appears to have ended as the rand gained strength in recent days, RMB said today.


    Top End
    America sneezes and the world is germ-free 
    As the dust settles after the Great Depression That Never Was, the worldwide financial crisis is starting to look less like the seismic historical transformation so widely expected.


    Emerging Market
    Philadelphia creates green jobs 
    PHILADELPHIA — The City of Brotherly Love is tackling rising unemployment and improving the energy efficiency of homes by training people to weatherise its estimated 400,000 low-income row houses.
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  • Rand strength may be ‘unwelcome’: Mboweni 
  • Trade gap widens to 1.46bn 
  • Markets fail to respond to rate cut 
  • Mboweni cuts repo rate by 100bps 
  • RMB appoints new chief economist 
  • Africa growth to fall to 2% in 2009: AU 
  • April credit up but PPI, M3 back rate cut 
  • Standard Bank trims full year view 
  • Radio station wins case against SARS 
  • Forget the tax havens - look at our beefcake 
    • Investments Heritage Property Research
  • ANC urges union patience on economy 
  • JSE/BESA merger hearing Wednesday 
  • House price deflation continues in May: FNB 
  • US GDP falls 5,7 pct 
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