Tuesday 18 June 2013

Rand softer after long weekend

Trade report 18/06/2013

South Africa’s high levels of violent crimes are a big problem and the government has acknowledged that it is having a significant negative impact on the country’s economy. According to government’s green paper on policing that has recently been released, violent crime was inhibiting South Africans from contributing economically and socially in the country.

The Daily newspaper reported on Monday that documents leaked by Edward Snowden, a former US spy, appear to show that Britain spied on foreign delegates from Turkey and South Africa at the 2009 London G-20 meetings. Ground-breaking intelligence capabilities were used to monitor communications between officials at the two G-20 meetings in 2009.

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