We are using foreign debt to consume more than we are making

Annual export volumes in the second quarter contracted by 6.3% which resulted in a widening of South Africa’s trade deficit, which is expected to average 5.9% of gross domestic product (GDP) in 2012, up from 3.3% in 2011. Pravin Gordhan indicated that, over the medium term to 2015/6, the deficit was projected to moderate slightly […]


Port Elizabeth Budget Accommodation

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Todays Featured Port Elizabeth Accommodation

Dempsey’s

Dempsey's Guest House is a self catering guesthouse, centrally situated in the tranquil suburb of Walmer, Port Elizabeth. Dempsey's is owner-managed with your friendly hosts, Jack & Kathy, living on the property. Dempsey's Booking Enquiry Rates are increased each year from 1st December. Rates from 1st December 2018: Single: R525-00 per person per night Double: R630-00 per double per night Family: R980-00 per 4 people per night sharing. Single: R550-00 Double: R680-00 Triple: R880-00 15th Dec. – 5th Jan:- room rate for single or double is R630-00 back rooms and R680-00 front rooms. For December/January and Easter … [Book here...]

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