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The South African Reserve Bank is likely to hold interest rates unchanged
BUSINESS

Reserve Bank expected to cut interest rates marginally as inflation moderates

Better than expected inflation outcomes domestically and globally back the case for the central bank to cut the repo rate to 8%, economists said This content is restricted to…

  • Aarti Bhana
1 min read
South Africans could face rising living and borrowing costs after inflation accelerated to 4% in April, with economists warning that fuel-driven global price shocks — not domestic demand — are complicating the South African Reserve Bank’s interest rate outlook
ANNABEL BISHOP

Inflation slows again, but interest rate cut is probably still off the table

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…

  • Sarah Smit
1 min read
The decision to form a unity government has been broadly welcomed by economists.
BUSINESS

Economy shrinks by 0.2% in third quarter

The GDP decline comes despite an improvement in energy generation during the quarter, suggesting logistical constraints and interest rates are choking the economy This content is…

  • Sarah Smit
1 min read
The South African Reserve Bank is likely to hold interest rates unchanged
2008 GLOBAL FINANCIAL CRISIS

Reserve Bank left toothless amid Eskom-induced stagflation

The recent rand crash has led some to believe another 50 basis point rise is on the horizon, despite a view that further hiking will do little to tame inflation

  • Sarah Smit
7 min read
Tourism Minister Patricia de Lille
AFRICA S TRAVEL INDABA

No more plans, we need implementation: De Lille on tourism recovery

During her opening address at Africa’s Travel Indaba, the minister emphasised the need for implementation to revive the industry

  • Sarah Smit
3 min read
A protester reacts as Reigers Park community members protest outside the municipal offices over service delivery and housing issues on March 9, 2017 in Boksburg, South Africa. (Photo by JOHN WESSELS / AFP)
ECONOMIC RECOVERY PLAN

Semigration: A tale of two South Africas

According to Statistics South Africa’s report, the largest increase in employment over the quarter stemmed from the Western Cape at 6.9%

  • Sarah Smit
5 min read
Consumer inflation is expected to remain close to the central bank’s 6% ceiling, amid war-induced oil price rally (Dean Hutton/ Bloomberg/ Getty Images)
ANNABEL BISHOP

Reserve Bank set to hike interest rates

Consumer inflation is expected to remain close to the central bank’s 6% ceiling, amid war-induced oil price rally

  • Sarah Smit
3 min read
Photo: Laird Forbes/Gallo Images
ANDREW GOLDING

Unemployment and interest rate hikes predicted to hit property market

The volume of new mortgage applications reached multi-year highs amid record low interest rates

  • Sarah Smit
6 min read