From the Sunday Times 50 years ago
AMID songs sung by members of South African Jewish youth movements at Jan Smuts Airport last night, nearly 3 000 people bid tearful but resolute “shaloms” to 50 young Jewish men and women who left for Israel to take up noncombatant duties. Hundreds of young men and women, Jewish and non-Jewish, have offered their services to Israel in response to an appeal for aid as the country went onto a war footing after the closure of the Egyptian-controlled Strait of Tiran.
Uniformed members of youth movements linked arms in a guard of honour as the volunteers made their way to the departure lounge. — June 4 1967
From the Sunday Times 25 years ago
THE consumer price index dropped a mere 0.1 percentage point in April, leading economists to question whether the Reserve Bank is capable of bringing the figure to under 10% after two decades of double-digit inflation. The index stands at 15.6%. This is considerably lower than some forecasts, which put it at more than 16% , but far short of Reserve Bank targets. The CPI drop increases pressure on Reserve Bank Governor Chris Stals to lower the bank rate and ease the economy out of one of its most prolonged recessions. Dr Stals, however, remains unimpressed by the marginal decline in inflation: “We are taking a medium- to long-term view of the economy.” — May 31 1992