Finweek English Edition - - IN BRIEF -

The deficit on South Africa’s cur­rent ac­count as a per­cent­age of GDP in the fourth quar­ter of 2014, lower than the ex­pected 5.8%. This is partly thanks to higher ex­ports. Econ­o­mists are fore­cast­ing a re­duc­tion in the deficit to 3% by 2016 should the trend con­tinue.

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