

Inflation in South Africa has landed squarely on the South African Reserve Bank’s (SARB’s) new target of 3%, but interest rate cuts next week are unlikely due to the war in the Middle East.
Consumer prices increased 3% year-on-year, down from 3.5% a month earlier, which was below the median estimate of 15 economists in a Bloomberg survey of 3.1%.
Although the latest data is exactly in line with the SARB’s 3% target, it is unlikely to change the repo rate from its current level of…
The Times: Launched in 2007, it was known for its investigative journalism but
ceased publication in 2015.

Easy Mac
Yugoslavia: You have two cows. They die right after giving birth to 20 new cows.
Spelltansy
Fun South African Fact: South African Dr. Christiaan Barnard performed the world’s first heart transplant on 3 December 1967 at Groote Schuur Hospital in Cape Town. The groundbreaking surgery was carried out on Louis Washkansky and Dr. Barnard was assisted by a large and exceptional team of surgeons, nurses and technicians. One of Dr. Barnard’s assistants was Hamilton Naki, a black laboratory assistant who had worked previously as a gardener and went on to work in the animal laboratory at the University of Cape Town. He had assisted Dr Barnard with research leading to the transplant. In the apartheid days, Naki had no access to higher education due to his race. Despite being unable to access formal training, he learned from and assisted university researchers and went on to do improbable work.