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Africa

Banknote Watch SA launched

A new organisation, called Banknote Watch SA, has been launch in South Africa to prevent cash-related crime in the run-up to the FIFA 2010 World Cup in the country.

SA economies unaffected by turmoil

The economies of Southern Africa have remained strong despite the volatility in global financial markets, Tito Mboweni, the governor of the South African Reserve Bank, said in a recent speech.

Governors discuss African market development

The South African Reserve Bank has published a series of papers from a roundtable of governors, where discussions focused on the theme "Financial market developments in Africa: new challenges for central banks?"

IMF lowers growth outlook

The International Monetary Fund (IMF) said on Tuesday that it expects global growth to slow to 4.1% this year, down from 4.9% in 2007.

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