South Africa's Zuma to look into inflation targeting
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Jacob Zuma, the newly elected leader of South Africa's ruling African National Congress (ANC) said on Sunday that he would look at inflation targeting, a key monetary policy tool used by the Central Bank to reign in inflation.
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Inflation looks set to remain above the government's 2% target when the latest figures are released later on Tuesday.
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African National Congress leader  Jacob Zuma is asking South Africa's Constitutional Court to  strike down a court ruling allowing documents seized from him  and his lawyer to be used in his corruption case.
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Learn more about a South African ETF.
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President Robert Mugabe's government has ordered prices of basic goods and services be slashed by half to protect Zimbabweans battling with the world's highest inflation rate, official media reported on Tuesday.
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European Central Bank President Jean-Claude Trichet said on Thursday the ECB would monitor price risks and financial markets very closely, toning down his anti-inflation rhetoric after it left its key interest rate at 4.0 percent.
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President Thabo Mbeki is set to respond to growing public unrest by acknowledging his government needs to do more to tackle South Africa's rampant crime rate in his state of the union address.
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Former South African Deputy President Jacob Zuma is due back in court on corruption charges.
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Former South African president Nelson Mandela has agreed to visit London in February to help jumpstart London's proposal for a "new Marshall Plan" to help ease African nations' chronic poverty, the British ...
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India and South Africa, two of the world's leading emerging markets, hope to boost business links as Prime Minister Manmohan Singh visits the African nation this week to build on their historic ties.
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Federal Reserve officials, who are  debating whether to adopt an explicit target for inflation,  have discussed whether an implicit, or "soft" target, might be  preferable, the Wall Street Journal reported on Friday.
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Philadelphia Federal Reserve Bank President Charles Plosser said on Tuesday that providing more information about the central bank's policy goals could help keep inflation expectations in check and give policy-makers greater leeway to buffer the economy from shocks.
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South Africa will push for the revamp of the World Bank and International Monetary Fund when it takes the helm of the G20 bloc next year, Finance Minister Trevor Manuel said.
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Federal Reserve officials, who are debating whether to adopt an explicit target for inflation, have discussed whether an implicit, or "soft" target, might be preferable, the Wall Street Journal reported on Friday.
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MONTERREY, Mexico  - Federal Reserve Bank of   Dallas President Richard Fisher said on Monday that slowing   U.S. economic growth should contain inflation but if it fails   to do so, the U.S. central bank must act.
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President Hugo Chavez will make curbing double-digit inflation a top priority this year as he aims to slow the highest consumer price increases in Latin America, Venezuela's new finance minister said on Monday.
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As South Africa&#39;s president he led the ANC back to power in elections in April with a two-thirds majority. The economy is booming, inflation is low and jobs, finally, are being created.