Submitted by freenet on Thu, 22/10/2009 - 09:34
CHANNELS:
Pretoria - The Reserve Bank's Monetary Policy Committee (MPC) will kick off a two-day meeting in Pretoria today to discuss whether the repo rate should be changed considering the current economic climate.
This is expected to be the last MPC meeting that Governor Tito Mboweni will chair. Gill Marcus will take over the reigns on 9 November.
Economists predicted that the repo rate would remain unchanged after last month's meeting decided to keep the rate at 7 percent.
The MPC is likely to take into consideration Eskom's proposed tariff increase of 45 percent every year over the course of the next three years when it makes its decision. - BuaNews
Gauteng Provincial Govt to engage Mamelodi residents
Pretoria - The residents of Mamelodi will today be given the opportunity to engage with the Gauteng Provincial Government on its programme of action since the new administration took over earlier this year.
Provincial Premier Nomvula Mokonyane and her whole executive council will be meeting the community to discuss top issues including crime prevention activities, school governance measures and drug awareness campaigns in the area.
The meeting, to be held at Stanza Bopape Community Hall, is aimed at strengthening the understanding of issues the community faces.
It is also part of an ongoing process to boost crime prevention measures in Gauteng.
The meeting will be preceded by a drug combating and awareness campaign at Mamelodi and Lethlapile High Schools Mamelodi. - BuaNews