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Date & Weather

Date: 21.05.2012
Time: 01:02

Capetown:

Temp.: 10 °C / 50 °F
Wind: VRB / 2 kn
Sunrise: 07:07
Sunset: 18:17

Johannesburg:

Temp.: 5 °C / 41 °F
Wind: SSW / 13 kn
Sunrise: 06:16
Sunset: 17:50

RSS  News Highlight
23rd Apr 2012

BRICS Development Bank gets Green Light

In a first step to set up a development bank as counterweight to the US/EU-led World Bank and the IMF, the Finance Ministers of the BRICS member countries have met up this weekend on sidelines of the annual Spring Meeting of the World Bank and the IMF to discuss this important step.

In their consultations South Africa and other members of BRICS grouping have agreed on Sunday 22 April 2012 to establish a task force to come up with recommendations to set up a developmental bank, a move ...[MORE]

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Exchange Rates

EUR: 10.53
USD: 8.28
GBP: 13.09
CHF: 8.77
AUD: 8.18
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Rates are compliment of the ECB and will be updated once a day on weekdays only.
    20.04.2012: Economic Growth: 3.0 % +++ Inflation Rate: 6.0 % +++ Rand Tendency: sideways +++ Interest Prognosis: unchanged +++ Budget Deficit: 4.8% +++ Unemployment Rate: 23.9 %   ||

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Rates are updated once a day on weekdays only. The last update was on 2012-05-18 23:05. All rates are compliment of the ECB and graphs are calculated based on information supplied by the ECB.