Put differently, financial markets embody the views of savers, investors, and borrowers, and the most basic consideration in the formulation of such views is confidence in the future value of money. Many of you, who have worked in financial markets for some years, may well take for granted the evolution in the way monetary policy is conducted.
The 2010 World Cup finals will help to maintain the focus on infrastructural and investment expenditure projects such as the Gautrain, new stadiums and communications technology, to name a few. Much needed airport expansions are also taking place in anticipation of an influx of tourists for this event.