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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.
Basic Education in South Africa takes place in primary and secondary level from Grade 1 (6 - 7-year-olds) to Grade 12 (18 - 20-year-olds). Students who succeed in Grade 12 graduate with a matriculation certificate, which enables them to transition to tertiary level education. [12] Grouping of grades into phases, bands, and schools
South Africa dismantled its nuclear weapons programme in 1989, the first nation in the world to do so, and became a signatory of the Nuclear Non-Proliferation Treaty in 1991. [ 11 ] South Africa continues to use its surplus of Uranium as part of its nuclear energy programme, supplying the Koeberg Nuclear Power Station and SAFARI-1 research ...
The second oldest abstract art and the oldest rock art is found at Blombos Cave in South Africa, dated to 77,000 years ago. [5] There are evidences that stone age humans around 100,000 years ago had an elementary knowledge of chemistry in Southern Africa, and that they used a specific recipe to create a liquefied ochre-rich mixture. [6]
The first evidence of pottery and agriculture in South Africa can be found in the period of 350-150 BCE, while metals date back to the 52-252 CE period. [4] The earliest occurrence of cattle farming was in the 5th century CE and the Iron Age reached modern-day Kwa-Zulu Natal around 700 CE.
The South African automotive industry accounts for about 10% of South Africa's manufacturing exports, contributes 7.5% to the country's GDP and employs around 36,000 people. Annual production in 2007 was 535,000 vehicles, out of a global production of 73 million units in the same year.
The largest component of the average price of $2.80/gallon of regular grade gasoline in the United States from 2012 through 2021, representing 54.8% of the price of gas, was the price of crude oil. The second largest component during the same period was taxes—federal and state taxes representing 17% of the price of gas.
The price hike application is open for public participation until 20 January 2020. [194] In NERSA has opposed an Eskom application to receive an additional R69 billion government bailout whilst Eskom is challenging NERSA's denial of an additional price increase for 2020/21 of 16% instead of the 8.1% price increase already approved by NERSA. [ 195 ]