SA growth seen quickening-continued

February 27, 2012--South Africa's economic growth is likely to have accelerated in the fourth quarter of last year, driven mainly by higher consumer demand boosted by lower interest rates, a Reuters poll showed on Monday.
Higher wages, the addition of new jobs and a slashing of interest rates by a cumulative 650 basis points have boosted demand in Africa's largest economy, although economic recovery remains hesitant after a recession in 2009.

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Source: Reuters

AFRICA ETP News
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