Odd Alliance
Capital Alliance must prove its mettle after joining a bid on JCI.
Rio Grand
Minorco and its boss see growth through projects such as CVRD in Brazil.
David Bullard
'Sellout' cat has confused pigeons all aflutter with conspiracy theory.
Stephen Mulholland
Ancient Talmudic tip the key to thriving in brave new world.
Audit Bureau of Circulation
print Media Association
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| SUNDAY, 16 MARCH 1997
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Budget spurs new run in growth
By SVEN LUNSCHE
RESERVE Bank Governor Chris Stals on Friday declared the
economic downturn over, providing a further tonic to improved
investor sentiment.
Addressing the parliamentary finance committee, Stals said South
Africa could have its fourth successive year of growth at about 3%
in 1997. Just over two months ago the consensus growth forecast
for 1997 was a mere 2%.
Much of the credit for the improved outlook has to go to this
week's Budget. By cutting spending by about 3% in real terms,
Finance Minister Trevor Manuel has made room for an interest
rate cut by mid-year, say economists.
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Bill Gates, Chairman/CEO of Microsoft
Corporation, visited South Africa from 3-7
March 1997. Business Times had a
one-on-one interview with Mr Gates.
Browsers were invited to submit questions
to Mr Gates which Business Times incorporated in its interview with Gates. An audio transcript of the interview is available online. The text transcript will be made available during the week following delays caused by technical problems.
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GET GRAPH-TING
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CYBERCARDS
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Stock IXCHANGE is Windows software that displays graphs of
shares, unit trusts and other financial instruments. Simply
click on the logo and the relevant graph will
appear. But first you'll need to download Stock IXCHANGE Lite to use this service
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