Respite for currency after weakening sharply

By Alison Maltz

Johannesburg – AFTER weakening sharply on Wednesday, the rand was enjoying a respite yesterday, trading range-bound against the dollar in a fairly quiet, flow-driven market....

R16bn Coega smelter still on track

By Patrick Cull Political Correspondent

THE construction of a R16-billion aluminium smelter in the Coega Industrial Development Zone remains on track....

SA business body signs Congo deal

Johannesburg – Business Unity SA (Busa) signed a deal with its counterpart in Congo (Kinshasa), paving the way for business opportunities, its new chief executive said yesterday....

‘No prime rate cuts’

By Helmo Preuss

Johannesburg – Although the current high real interest rates suggest monetary policy in South Africa could be eased, the rand’s volatility, higher oil prices and looming food price inflation due to drought mean that the SA Reserve Bank is unlikely to cut interest rates in 2004, according to Vector Securities chief economist Johan Rossouw....

---