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South African Inflation Quickens for First Time in Three Months

South African Inflation Quickens for First Time in Three Months
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Godongwana draws down R150bn from gold and forex account to reduce borrowings and debt-service costs

Godongwana draws down R150bn from gold and forex account to reduce borrowings and debt-service costs
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South Africa Inflation Accelerates For First Time In 3 Months

South Africa's consumer price inflation increased for the first time in three months in January, preliminary data from Statistics South Africa showed Wednesday. The consumer price index, or CPI, rose 5.

BUDGET 2024 | Government to tap into special account to reduce debt

The National Treasury plans to draw down from the Gold and Foreign Exchange Contingency Reserve Account for the first time to reduce debt and associated servicing costs over the next three years.

South Africa Goes for Gold, Taps Reserves to Curb Runaway Debt

South Africa Goes for Gold, Taps Reserves to Curb Runaway Debt
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