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Tuesday Jan 26, 2010

Property market has to get by without rate cuts

The property market will have to get by without the stimulus of a series of rate cuts, as it is unlikely to enjoy much interest rate relief during the course of 2010.

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12% fewer international arrivals in Cape Town

Fewer tourists visited Cape Town this year, but the World Tourism Organisation (WTO) lists Africa as the only continent to buck negative trends in 2009 with a robust five percent growth.

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