11. The largest contributor to GDP is the services sector, comprising finance, insurance, real estate and business services
12. The South African Reserve Bank (SARB) has increased interest rates six times since the beginning of 2007, driven by monetary policy which targets an inflation band of 3% to 6%
13. Economic activity is experiencing a slowdown (in midst of global markets and domestic issues) following unprecedented growth over the past several years
14. As result of higher monetary policy and credit-lending criteria, household demand has decreased (following a period of easy access to credit in recent times)
15. With a large measure of macro stability achieved, the aim of economic policy is to lower unemployment and poverty through raising the growth potential of the economy