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The finance minister was seen as central to efforts to restore confidence in South Africa. As a result of the tensions, S&P Global cut South Africa's credit rating to junk status on Monday 3 April 2017. [58] Fitch Ratings followed suit on Friday 7 April 2017 and cut the country's credit status to the sub-investment grade of BBB−. [59]
The FTSE/JSE Top 40 Index is a South African stock market index. The index consists of the 40 largest stocks in the FTSE/JSE All-Share Index of the Johannesburg Stock Exchange by market capitalization. The index was published on June 24, 2002, with a base value of 10,300.31 points.
The consumer price index (CPI) is the official measure of inflation in South Africa. One variant, the consumer price index excluding mortgage costs (CPIX), is officially targeted by the South African Reserve Bank [ 1 ] and a primary measure that determines national interest rates.
By October 19, 1987, the index had risen by 960.9% to a closing level of 2,804 points. After Black Monday the JSE Actuaries fell again. On December 10, 2001, the index closed above the 10,000-point mark for the first time at 10,030.17 points. On June 24, 2002, the FTSE Group took over the calculation of the index. To reflect this change, the ...
Between 2004 and 2020, [2] the Global Competitiveness Report ranked countries based on the Global Competitiveness Index, [1] developed by Xavier Sala-i-Martin and Elsa V. Artadi. [3] Before that, the macroeconomic ranks were based on Jeffrey Sachs 's Growth Development Index and the microeconomic ranks were based on Michael Porter 's Business ...
In countries like China, as much as half the national gross domestic product comes from public-sector investments. But in the U.S., consumption is king. About 70% of the U.S. GDP is the result of...
The National Federation of Independent Business (NFIB) said its Small Business Optimism Index rose eight-tenths of a point to 90.5 last month, the second consecutive month it has risen after ...
The Starting a Business Index is a sub-index of the World Bank Ease of Doing ... Djankov is the creator of the annual Doing Business report, ... South Africa: 68: 57