Still-sticky inflation could further delay long-awaited interest rate cuts
As the 14 days to announce a coalition government commences, investors are nervous and the rand is flat
The US Federal Reserve’s ‘higher for longer’ stance and local election jitters have weighed on the rand, adding to price pressures This content is restricted to registered users…
Today’s monetary policy committee meeting comes in the wake of a surprise acceleration in South Africa’s annual inflation rate
Commentators are cautiously positive about the treasury’s decision to use the Gold and Foreign Exchange Contingency Reserve Account
After the release of the December inflation data, Investec chief economist Annabel Bishop said the Reserve Bank is likely to remain hawkish amid upside risks This content is…
This year will finally see interest rates fall. But whatever relief the Reserve Bank administers, it will have come too late for some
Despite inflation coming within a hair’s breadth of 6%, there is still reason to believe that the central bank will hold interest rates this week
Inflation accelerated to 4.8% year-on-year in August, up from 4.7% in July, according to data from Statistics South Africa
The improvement in confidence was helped by the change in attitude of affluent consumers, who were spooked by severe load-shedding and the Russian cargo ship debacle in the…
A boost to manufacturing and agriculture’s rebound has seen the country’s GDP expand 0.6% quarter-on-quarter
Interest rates will probably remain much higher than their pre-pandemic average, as the Reserve Bank guards against ongoing inflation risks
South Africa, and the world, seem to be emerging out of an inflation-induced economic malaise. But as the world heats up, so will prices
The country’s economy expanded 0.4% in the first quarter, but analysts warn not to expect growth or recovery anytime soon
The rand strengthened ahead of Wednesday’s inflation data, but it still held above R19 against the dollar
Later this month the South African Reserve Bank will decide how big a rise the country’s flailing economy can take
The finance minister’s commitment to toeing the line may send positive signals to ratings agencies, but at what cost?
One year on, the Kremlin’s impact appears to be retreating — but, amid uncertainty about the global economy’s growth trajectory, risks to inflation remain
The government has shown that it is willing to explore introducing a basic income grant, which would mark a big step towards achieving growth
The country’s energy crisis stands to shave two percentage points off growth in 2023