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ECONOMY: South Africa (MRB Nov 2001): Rand's fall boosts exports.
SA exports have shown a substantial rise as the Rand continues to plummet against the dollar, recently touching R10 to the US currency. A weaker currency makes domestic firms more competitive in international and local markets and boosts incomes and saves jobs. This year the Rand has lost 24 per cent against the dollar, 19 per cent against the British pound and 18 per cent against the Euro.
Figures released by the SA Revenue Service show that compared with the first nine months of 2000, exports increased by 24.6 percent while imports only grew by 16.6 percent in the nine months to September. The figures are, however, likely to have been boosted by the higher price of platinum - up a massive 18.8% in the first half of the year over last year, and of gold, which was already rising when it surged further ahead after the September 11 attacks in the US.
SA had mainly exported lower value ...
- South Africa Has Its First Big Mac Attack
- Newspaper article from: The Washington Post Lynne Duke November 12, 1995 700+ words
...sincere. "It shows that South Africa is welcoming McDonald...president of McDonald's South Africa. Asked why he was willing...said she'd heard the Big Mac wasn't just any burger...friends swarmed nearby. South Africa becomes the 86th country...
- Hunting the Big Mac in Africa. (McDonald's loses trademark rights in South...
- Magazine article from: The Economist (US) November 11, 1995 700+ words
...was one tiny hitch. South Africa's supreme court ruled...similar) name. This Big Mac affair began when McDonald...McDonald's removed from South Africa's trademark register...s sanctions against South Africa were lifted in 1991...
- SOUTH AFRICA-ECONOMY: SOUTH AFRICA FACING BIG MAC ATTACK
- News wire article from: Inter Press Service English News Wire Gumisai Mutume November 11, 1995 700+ words
...watershed in U.S. investments in South Africa. Last month, McDonald International...rights to the McDonald trademark in South Africa. The U.S. company has been granted...trademark war between the United States and South Africa, with U.S. officials accusing Pretoria...
- Big Mac knows his place at Lord's; Sussex v South Africa.
- Newspaper article from: Sunday Mercury (Birmingham, England) June 14, 1998 700+ words
...of the members at the Lord's Test against England should South Africa omit Gerhardus Liebenberg, move Jacques Kallis to open the...his success against England. On the 1994 tour, he topped South Africa's batting and bowling Test averages. And, after being...
- Big Mac Currencies; The Big Mac index.(The Economist's Big Mac index of...
- Magazine article from: The Economist (US) April 21, 2001 700+ words
...sales tax). In Japan, Big Mac scoffers have to pay...the dollar price gives a Big Mac PPP of [yen]116. Comparing...the Philippines and South Africa, and all cost less than...greatest triumph of the Big Mac index has been in tracking...
- Football: BIG MAC'S FEAST OF STEPHEN; O'Leary: McPhail's set to be a tasty...
- Newspaper article from: Sunday Mirror (London, England) O'Reilly, Hugh August 20, 2000 700+ words
...Then he played in the American tour games against the US and South Africa, striking a goal which paved the way to a 2-1 win over...he failed to finish any of the three games he started. But Big Mac saw enough to convince him the midfielder has what it takes...
- Big Mac and Coke? Not so fast . . .
- Newspaper article from: The Independent - London RICHARD DOWDEN May 3, 1994 700+ words
...main stories in the business section of South Africa's Sunday Times last weekend were the...s were poised to begin operations in South Africa. These reports, next to another about...bringing "conscience money" to the new South Africa. The outflow of capital, estimated...
- Big Mac sounds dire warning.
- Newspaper article from: Birmingham Evening Mail (England) June 23, 1998 700+ words
...who could still lose out on second spot if they lose and South Africa beat Saudi Arabia by a two-goal margin, will be missing...Wieghorst, who are suspended after being sent off against South Africa last Thursday. France coach Aime Jacquet, whose side are...
