Dennis Dykes
Dennis Dykes
capacity focus obviously spent whether
The real focus is going to be on whether it's spent effectively. Obviously they (the government) feel that they have the capacity to do so.
benefit domestic expected global industries others planned rand remain softer spending strain strength strong
Some industries will benefit from the anticipated strength in domestic spending and the planned acceleration in infrastructure spending, while others are expected to remain under strain from a strong rand and softer global growth.
benign both consumer despite domestic food high inflation oil prices producer relatively remains rising strong
Despite the strong domestic demand, high oil prices and rising food prices, inflation remains relatively benign at both producer and consumer levels.
depend expect mining monetary movements neutral performance policy rand stance
We expect a neutral monetary policy stance in 2006, but much will depend on movements in the rand and the performance of mining and manufacturing.