Odds against the South African rand in 2010

The economy of South Africa is a challenge in 2010. While South Africa is the economic security of international disasters of the last 18 months did not hurt. Many indicators point to a positive 2010. "Science" of the economy is (in my opinion) is primarily a social science, but there are a number of positive comments and the reports that I like to refer to BE.

In December 2009 the 28th edition of the Bangkok Post, Michael Preiss, senior investmentConsultant at Standard Chartered Private Bank, wrote that: "To borrow dollars for investments in Brazilian reais a network of 40% / net yield is better than carry trades followed by 2009, South African rand by 33%,

Since next year will be a boundary less volatile as the return of the above should not be expected. However, I believe that the outlook for the margin, and the South African economy, should not be underestimated.

On 21 December, the South AfricanReserve Bank released its latest exhibition of leading indicator - increased at a faster pace in October than in September. The main indicator comprises a series of measures, including, inter alia, production hours, the building plans approved and vehicles sold. Michael Belby Business Day writes: "After an inconsistent start to the year, the trend has been established. Commenting Sarba's leading indicator, Elna Moolman, an economist at Barnard Jacobs Mellet Group said:" At the beginning ofYear in which began to improve, it is mostly financial components that increase, but now is pretty broad based. This is very encouraging. "

South Africa inflation rate is expected by 2010, probably a. According to the University of Stellenbosch's Bureau for Economic Research, CPI for 2010 by a moderate 5.7 percent, compared with 7.2 percent in 2009. In the fourth quarter of 2009 there was increase of Rand Merchant Bank Bureau of Economic Research BusinessConfidence Index. JP van der Merwe of TradeInvestSA stressed that this is the first increase since the third quarter of 2009.

The IMF's World Economic Outlook was published in October. The IMF forecasts growth of 1.7% for the economy in 2010, SA. This is a modest estimate, and as such a poor prognosis of the IMF, JP van der Merwe, like the notes of the IMF praised South Africa for its fiscal policy, the prospects for future growth and strength of banks South Africa Sector.

The survey africapractice 2010 ", was released on December 15. This is a survey of managers in Africa. All respondents plan to increase FDI in 2010. 95% of executives expect their business to grow next year. And while many of the respondents are optimistic about the FIFA World Cup, most believe that South Africa would be limited benefits.

Support Jacob Zuma, said:

"The year> 2010 years to be where for the first time, we all communicate positive messages about our country in the world - the successes and opportunities. We must allow that culture of negativity behind us. "

The economy of South Africa will face a challenging 2010.

Despite and in spite of these challenges, all bets are on

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