Do not bet against South African rand in 2010

South Africa's economy will face a challenging 2010. While South Africa is the economic security of international disasters of the past 18 months has not remained unscathed. point to a positive 2010. "Science" for the economy (indicators in my opinion) is primarily a social science, but there are a number of positive comments and the reports that I see many like that.

On 28th December 2009 issue of the Bangkok Post, Michael Preiss, senior investmentConsultant at Standard Chartered Private Bank, wrote as follows: "Borrowing Dollar Brazilian Real has a 40% net / net yield, the best carry-trade by 2009, South African rand by 33%, followed Investing

Given that next year will see a less volatile border, noted as the return above should not be expected. However, I believe that the prospects for the border and the South African economy should not be underestimated.

On 21 December, the South AfricanReserve Bank releases the latest leading indicator - an increase at a faster pace in October than in September. The main indicator combines a number of measures, including, inter alia, approved hours of production, construction plans and vehicles sold. Michael Belby the Business Day writes: "After an uneven start the year, the trend is very solid at the top." Commented leading indictor Sarb said Elna Moolman, Barnard Jacobs Mellet economist group "the beginning ofYear in which began to improve, it was largely a financial component that enhances, but is now quite widely. This is very encouraging. "

South Africa's inflation rate is expected by 2010, probably in accordance with the University of Stellenbosch Bureau for Economic Research, will moderate CPI 2010 at 5.7 percent, compared with 7.2 percent in 2009. In the 4th quarter of 2009 there was increase in the 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 SA economy in 2010. This is a modest estimate, and while a gloomy forecast by the IMF may also appear as, notes JP van der Merwe of the IMF praised South Africa for its financial policy, the prospects for future growth and strength of South African banks Sector.

2010 'africa practice survey was published in December 15. This is a survey of managers in Africa. All participants expected increased foreign direct investment in 2010 in 95% of executives plan to help businesses in the coming years to grow their own. And while many of the respondents are optimistic about the FIFA Soccer World Cup, most believe that South Africa would have limited benefits.

I support Jacob Zuma as saying:

"The yearYear in which options for the first time, we all communicate positive messages of our country in the world - and the> 2010 will be successful. We must allow that culture of negativity behind us. "

South Africa's economy will face a challenging 2010.

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

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