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Annual consumer inflation was unchanged at 3.2% in February at 3.2%, with increases registered in housing and utilities, food and alcoholic beverages and restaurants and accommodation offset by decreases in the services sector, Statistics South Africa said on Wednesday. (Guillem Sartorio/Bloomberg via Getty Images)
ECONOMIST

Higher electricity tariffs stand in the way of inflation normalising in 2023

Reserve Bank’s inflation forecast likely to be pushed up, with Eskom set to increase the price of electricity by 18.65% from April

  • Anathi Madubela
5 min read
The key drivers of price growth in July were food and non-alcoholic beverages (up 5.7% and contributing 1.0 percentage points). Photo: Supplied
BASIS POINTS

Inflation eases for a second month

The decrease will probably lead to the South African Reserve Bank being less aggressive with rate hikes next week

  • Anathi Madubela
3 min read
Without providing any specifics as to which form it would take, the United States embassy has warned of a possible terror attack in Johannesburg’s wealthy Sandton area this Saturday.
ALCHEMY SCHOOL OF LEADERSHIP

How to rescue SA’s ailing economy

2020 was a challenging year for everybody, with no growth forecast in the economy, fears of a deep recession and a jobs bloodbath. Three experts contextualise this situation,…

  • Nthabiseng Moleko
  • Duma Gqubule
  • Martyn Davies
6 min read