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The consumer price index (CPI) is the official measure of inflation in South Africa. One variant, the consumer price index excluding mortgage costs (CPIX), is officially targeted by the South African Reserve Bank [1] and a primary measure that determines national interest rates.
The economy of South Africa is a mixed economy, emerging market, and upper-middle-income economy, one of only eight such countries in Africa. [25] [26] [27] The economy is the most industrialised, technologically advanced, and diversified in Africa. [28] Following 1996, at the end of over twelve years of international sanctions, South Africa's ...
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa.It is bounded to the south by 2,798 kilometres (1,739 mi) of coastline that stretches along the South Atlantic and Indian Ocean; [18] [19] [20] to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; and to the east and northeast by Mozambique and Eswatini.
Rank Name Province Pop. Johannesburg Cape Town: 1: Johannesburg: Gauteng: 9,167,045 Durban Pretoria: 2: Cape Town: Western Cape: 4,004,793 3: Durban: KwaZulu-Natal ...
Pick n Pay Stores Ltd. The Pick n Pay Group is a South African retailer. It operates three brands – Pick n Pay, Boxer and TM Supermarkets. Pick n Pay also operates one of the largest online grocery platforms in sub-Saharan Africa. Raymond Ackerman purchased the first four Pick n Pay stores in Cape Town in 1967 from Jack Goldin. [4]
GMP per capita (2011) US$19,656 [8] Website. capetown.gov.za. Cape Town [a] is the legislative capital of South Africa. It is the country's oldest city and the seat of the Parliament of South Africa. [11] It is the country's second-largest city, after Johannesburg, and the largest in the Western Cape. [12]
The National Lottery was introduced to South Africa on 11 March 2000. At the time it was run by Uthingo. [citation needed]After a marketing effort that aimed to reach 80 percent of South African homes directly more than 800,000 tickets were sold in the first day of availability Nearly R70 million worth of tickets were sold in the first three weeks of operation.
South Africa has a large energy sector, being the third-largest economy in Africa. The country consumed 227 TWh of electricity in 2018. [2] The vast majority of South Africa's electricity was produced from coal, with the fuel responsible for 88% of production in 2017. [3] South Africa is the 7th largest coal producer in the world. [3]
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