SA Reserve Bank Sweet Service Award winner for 2009

In the spirit of Christmas, we will only award a Sweet Service Award this week.  The winner is the SA Reserve Bank, which decreased interest rates by 5 percentage points in the last twelve months.  Without this decrease, most business and property owners would not have survived the rough past year.   While the interest rates are still very high relative to other countries, and the interest rate decreases may not have been a boost to the economy as such, they certainly prevented a collapse of the economy.

The WhaleTales Sweet & Sour Service Awards are presented every Friday on the WhaleTales blog.  Nominations for the Sweet and Sour Service Awards can be sent to Chris von Ulmenstein at info@whalecottage.com.   Past winners of the Sweet and Sour Service Awards can be read on the Friday posts of this blog, and in the WhaleTales newsletters on the www.whalecottage.com website.

One reply

  1. tionna owens says:

    What is this coin called ?

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