SA growth breaking records: Mbeki

Sneeky

Sneeky

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Economic growth in South Africa is breaking historical records, President Thabo Mbeki told MPs on Tuesday.

Speaking at the start of debate in the National Assembly on the presidency's Budget vote, he said that by September this year, the economy "will have been growing for eight solid years, longer than ever before in the recorded economic history of our country".

Further, the current rate of growth had remained at a steady high level for longer than ever before in the country's history.
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http://www.iol.co.za/index.php?set_id=1&click_id=13&art_id=nw20070612153625737C372902
Click to expand...
Nothing to be sneared at, this is a great achievement.
People will off course nitpick the figures but at the end of the day, things are still on the up.
 
Yeah, so much so that supply (electricity, beer, cement) cant meet demand and that leads to higher prices due to demand which leads to strikes so people can afford to live which leads to interest rate hikes if the strikers get what they want...

Damn economics!
 
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