In this instalment of The Fiscal Cliff – a Mail & Guardian series on how South Africa’s budget has been shaped – Sarah Smit considers the intimate link between the country’s…
Today, as the country awaits the next update on the state of its public purse, the prospect of a debt crisis seems more imminent than before. This is as South Africa’s fiscal…
Mining windfall helped SA’s financial position, but lower revenues and additional spending will delay the end of fiscal consolidation
A bigger alliance will give the group extra economic heft, but it remains to be seen whether its members can speak in one voice
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
The currency, which is usually a bellwether for other emerging markets, has diverged from global trends – thanks in large part to the energy crisis
Any gains made at the beginning of the year could be undone as the protests and the ongoing Covid-19 lockdown threaten business confidence
Reserve Bank governor Lesetja Kganyago makes a case for a lower target, though the trade union federation prefers job creation
The country’s economy grew at an annualised rate of 66.1%, marking the strongest pace of expansion since at least 1993
The gross domestic product numbers are likely to be gloomy, but the economy is not at ground zero
The South African Reserve Bank’s monetary policy committee has unanimously decided to reduce the repo rate by 25 basis points, to 6.25%. This is the rate at which the bank lends…
The pressure on Eskom bonds has eased and the rand has rallied but global events can reverse the gains
Liberty Holdings CEO David Munro maintains that no clients suffered any financial loss as a result of the data breach
“Business will step up because they want Ramaphosa to succeed.”
Economist Kevin Lings highlights agricultural disappointments in an extract from his book ‘The Missing Piece: Solving South Africa’s Economic Puzzle’.
A major hedge fund is shorting shares in the unsecured lender in expectation of further declines.
Platinum miners would rather endure the "short-term pain" of losing millions each day than give up ground on a wage settlement.
Yields on South African bonds jumped to the highest level in 19 months as inflation accelerated and the rand slipped to a six-week low.
Good figures from last year suggest that 2012 is likely to be even better.
This week gross domestic product (GDP) figures indicated a continued trend of slow economic growth with inflation on the rise.
