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stagflationlatest news & developments
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
Over a decade of stagnant growth has made South Africa vulnerable to stagflation, especially in the wake of global economic shocks. (Photo by Per-Anders Pettersson/Getty Images)
INFLATION

Stagflation: South Africa not out of the woods yet

The country’s precarious growth means that, even as inflation cools, it is vulnerable to shocks

  • Sarah Smit
4 min read
(Photo by Vuk Valcic/SOPA Images/LightRocket via Getty Images)
CLIMATE CHANGE

Soaring cost of living overshadows climate change talks

The costs of climate change damages are rising exponentially. Who will pay?

  • Tunicia Phillips
7 min read
Reserve Bank governor Lesetja Kganyago has underlined on a number of occasions that high inflation is harmful to consumers, particularly the poor. Photo: Gem Atkinson/Bloomberg via Getty Images
FEDERAL RESERVE

EXPLAINER: Why are central banks worried about inflation?

High prices have been more stubborn than previously expected, forcing monetary policymakers to react

  • Sarah Smit
4 min read
SA faces stagflation trap
LYNLEY DONNELLY

SA faces stagflation trap

The manufacturing strike comes on top of low growth and rising inflation.

  • Lynley Donnelly
5 min read
CREDIT CRISIS

Banking woes push stocks towards 21-month low

World stocks fell towards this week’s 21-month low on Thursday as fresh concerns resurfaced over the financial sector.

  • Natsuko Waki
3 min read