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Reserve Bank governor Lesetja Kganyago announced on Thursday that the monetary policy committee had increased the repo rate by 25 basis points to 7%, effective from 29 May.

Reserve Bank hikes interest rate for first time since 2023 as oil shock, inflation risks mount

South African Reserve Bank raises interest rate to 7%, warning that oil shocks, food inflation and global instability could drive prices higher

International Finance Corporation managing director Makhtar Diop speaking at the Africa CEO Forum in Kigali
Picture: Supplied

African SMEs face finance, fragmentation and succession crisis, warns IFC chief

At the Africa CEO Forum in Kigali, Makhtar Diop calls for bold investment, private sector leadership and structural reforms

As South Africa prepares to host the sixth SA Investment Conference, government leaders and economists say global instability, including tension in the Middle East, unexpectedly boost the country’s appeal as a stable investment destination

SA pitches itself as Africa’s gateway amid global market turbulence

As South Africa prepares to host the sixth SA Investment Conference, government leaders and economists say global instability, including tension in the Middle East, unexpectedly…

Adaptive Forex Automation in Emerging Market Environments

Emerging markets have a way of punishing rigid systems. Spreads widen without warning. Liquidity appears, then vanishes. A policy headline hits the tape and the market reprices…

Optasia celebrating its listing on the Johannesburg Stock Exchange (JSE). Photos: Standard Bank

African-founded firm, Optasia, becomes most extensive fintech JSE listing

Optasia is targeting new markets in India, Indonesia, and the Philippines as it aims to secure a billion customers worldwide

James Corkin, Steyn Capital Management

The coming bull market in Emerging Markets and how to capitalize on it

In the years ahead, Emerging Market economic growth, buoyed by healthier demographics and rising per capita GDP, will continue to outstrip developed markets

As Türkiye’s bid gains traction, Brics will keep growing its ability to impact global discussion and policy.

Türkiye’s Brics bid: A strategic shift toward multipolarity and Global South solidarity

Türkiye’s application reflects how appealing and strategically important Brics has become

Investor confidence is low as citizens and domestic private companies stash their cash abroad to protect it from the volatility of the weakened rand. (Getty)

Self-inflicted pain makes SA rand a sore thumb

The currency, which is usually a bellwether for other emerging markets, has diverged from global trends – thanks in large part to the energy crisis

Limitations: A cargo ship loaded with containers leaves a port in Haikou in China’s southern Hainan province. The Covid-19 pandemic has had far-reaching financial and economic consequences, including disruptions to global value chains. (AFP/China OUT)

China and Omicron are the wild cards for the global economy and financial markets

Lockdown restrictions will continue to disrupt global value chains and support rising inflation that will require aggressive rate hikes

Sanlam sells UK businesses worth R5bn

The insurer ditches R5.1-billion to focus on Africa and other emerging markets

Unemployment epidemic: These men, gathered together to wait for the possibility of a piece job, are some of the 34.9% of South Africans who are without work, the highest figure among 82 countries monitored by business news agency Bloomberg.  (Delwyn Verasamy/M&G)

South Africa’s recovery lags behind emerging market peers Mexico, India

The economy grew for the fourth consecutive quarter, but the country is playing catch-up to its peers

Barbara Creecy, Minister of Forestry, Fisheries and the Environment. (Photo: Delwyn Verasamy/M&G)

Creecy calls for cheaper finance at London climate talks

Emerging markets need $3-trillion to 4-trillion a year in low-carbon investments over the next 15 years to meet their climate mitigation commitments

The green economy can pave a way to a thriving South African society by unlocking economic value, fighting climate change and improving human wellbeing. It is a win-win-win.

Assets, wealth revolution on the go

Financiers are ‘impact investing’ by shifting their support to investment products that prioritise environmental, social and governance issues

(John McCann/M&G)

Muscular dollar awes the rest

South Africa is less likely to suffer but investors will look for the elusive factor — growth

Public Protector Busisiwe Mkhwebane released her report on the multimillion-rand Vrede Dairy Project — initiated by the Free State government in 2012 as part of its efforts to boost the province’s agricultural economy — in February last year. (Gallo)

Reserve Bank decides to hold repo rate at 7% and prime lending rate at 10.5%

As was widely anticipated, the South African Reserve Bank’s monetary policy committee has decided to hold interest rates.

Brexit referendum day finally arrives after months of division

Voting begins today, after months of continuous campaigning from the ‘Remain’ and the ‘Leave’ sides, and the results should be in on Friday morning.

?The emerging-markets gauge has risen 8.4% this year and trades at 11.3 times projected 12-month earnings

Emerging stocks poised for longest monthly rally in nine years

Emerging-market stocks are on a winning streak as slow recovery in the developed world offsets concerns over geopolitical tensions.

Falling liquidity raises the risk that it will be more difficult to sell the bonds in the event of any deterioration in sentiment.

SA bonds vulnerable to ‘outsized’ selloff

Experts say falling liquidity raises the risk that it will be more difficult to sell the bonds in the event of any deterioration in sentiment.

Rand leads fall in emerging market stocks

Emerging market stocks fell on Wednesday, led by concern that valuations were overdone.

Rand leads emerging market stock fall from 13-month high

Shares in emerging markets dropped from a 13-month high as the rand softened and shares in China, India and Iraq slid.