Brief Snippets

From the wires:

  • SA Treasury lowers GDP growth projection for 2016 from 0.9% to 0.5%
  • Producer inflation fell to 6.6% in September from 7.2% in August
  • Business confidence improved in October after slumping to lowest level in three decades in September
  • Despite this, total number of company liquidations increased by 15.4% in September compared with a year ago according to Stats SA
  • Assets managed by the Unit Trust industry reached a record R2 trillion at the end of September.

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