South African Reserve Bank raises interest rate to 7%, warning that oil shocks, food inflation and global instability could drive prices higher
A country that exports minerals but imports industrial dependence is not sovereign in any deep sense. A country that sits on energy resources but cannot convert them into stable…
April’s slight uptick suggests that the Reserve Bank will keep the benchmark repo rate at 7.5% next week
Financial crime governance should be happening in the boardroom and the legal and financial fallout from the lack of enforcement is becoming increasingly serious
Global tourism has reached 96% of pre-pandemic levels; tails are up
The National Prosecuting Authority says Ramaphosa is off the Phala Phala hook
The latest year-on-year number is 4.6%. This is the lowest it has been since July 2021
Residential consumers pay more than those in most African, Southeast Asian and Brics countries This content is restricted to registered users and subscribers. Get Your Free…
Central banks’ contribution to climate change-related aims, and their role in the transition, depend on government policy
The president did not violate any exchange control regulations, the central bank has found after a lengthy investigation
The trend of wealth departing our shores is severely discouraging and political and economic reform is needed to stem the tide
Governor Lesetja Kganyago’s obsession with imaginary ‘barbarians at the gate’ of the central bank, it is losing credibility in the eyes of the public
The Reserve Bank’s decision to hike or not to hike interest rates is most acutely felt in this segment of society, people who are first-time home or vehicle buyers and more often…
The head of the central bank urged the government to stay committed to structural reforms, especially with regard to logistics and electricity
The country’s precarious growth means that, even as inflation cools, it is vulnerable to shocks
The government must invest in its people and infrastructure to stimulate the economy
Most household lack access to adequate food to meet dietary needs for a healthy, active lifestyle
Consumer price inflation slowed to 7.6% year-on-year in August after hitting a 13-year high in July
Conference however notes strong concerns on the perceived lack of consistency in applying step aside
Consumers, who have remained resilient despite South Africa’s economic woes over the past decade, are being squeezed on all fronts. What are the policy options? Or is it the same…
