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The Iowa Area Development Group (IADG), on behalf of Iowa’s rural electric cooperatives, municipal utilities and independent telecommunications companies, recently honored eight distinguished Iowa companies and leaders with the Iowa Venture Award at a luncheon held in conjunction with the Iowa Association of Electric Cooperatives’ annual meeting.Among the award recipients was Industrial Packaging Corporation (IPC), which has been headquartered in Tomahawk for over three decades.
South African consumer inflation has picked up pace, quickening slightly to 5% in September from 4.9% in August. This was mainly fuelled by food and petrol prices, which are a concern. But underlying price pressures remain muted in South Africa against the backdrop of mounting inflation jitters.
With a sudden upturn in the year-on-year inflation figures for April, to 4.4% from 3.2% in March, should we be worried that, after many years of relatively low inflation, it will shoot up into territory above the SA Reserve Bank’s 3-6% target range, with severe effects on consumers?
Markets never move up in a straight line, so a correction every now and then should not by itself be cause for concern, say Izak Odendaal and Dave Mohr.