Thursday, February 11, 2010

S.African economy turning the corner - Zuma

CAPE TOWN, Feb 11 (Reuters) - South Africa's economy is on the mend but the government will retain measures to boost job creation and growth, President Jacob Zuma said on Thursday.
Currencies
"Economic indicators suggest that we are now turning the corner. Economic activity is rising in South Africa, and we expect growth going forward," Zuma told parliament in a state-of-the-nation address on the 20th anniversary of the release from prison of Nelson Mandela.
Zuma said security, logistics and infrastructure were in place to host a successful 2010 soccer World Cup and said the size of the police force would be increased by 10 percent in the next three years to help fight crime. (Reporting by Wendell Roelf; Editing by Marius Bosch)

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