The local currency could be in for more volatility as political push-and-pull raises uncertainty
Central bank governor Lesetja Kganyago said the job of tackling inflation was not done yet
Inflation accelerated to 4.8% year-on-year in August, up from 4.7% in July, according to data from Statistics South Africa
Chile and Brazil are leading the pack with their recent interest rate cuts but South Africa is on its own timeline
The Reserve Bank has already lifted rates 10 times since November 2021
Tighter financial conditions will hurt an economy already brought to its knees by the government
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
One year on, the Kremlin’s impact appears to be retreating — but, amid uncertainty about the global economy’s growth trajectory, risks to inflation remain
Decisions from a decade ago have come back to haunt economies – policymakers should be vigilant
Inflation has breached the ceiling of the Reserve Bank’s target range for the first time in more than five years
A deep downturn is unlikely, analysts say. But, if it does happen, another recession will be even more difficult to recover from
Central banks massively underestimated inflation risks as economies bounced back from the pandemic-induced slump
South Africa was well-placed for the 2008 crisis. But R3.18-trillion debt and low growth hamper its ability to limit the economic effects of Covid-19
The US leader doesn’t understand global trade and so his decisions will harm the world economy
Capping an extraordinary day in financial markets, US authorities pieced together an emergency -billion rescue of insurance company AIG.
Restoring financial market stability is a top priority for the United States Federal Reserve, Fed chairperson Ben Bernanke said on Tuesday.
Oil prices hovered near a barrel on Monday, swinging between gains and losses as traders weighed global supply concerns and a stronger dollar.
The scale of losses and the economic fallout from the global credit crunch may not be as bad as feared and subprime losses could end up costing less than half market forecasts,…
Increasing confidence that the worst of the credit crisis is over boosted world stocks on Monday while inflation concerns grew with oil prices heading towards a barrel. Investors…
