Nedbank won’t be crushed by falling interest rates, says chief financial officer
/ 6 March 2024

Nedbank won’t be crushed by falling interest rates, says chief financial officer

Shored up by higher borrowing costs, South Africa’s banking sector seems to have to weather the 2023 economic storm

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Clouds part for global economy, but SA’s prospects remain gloomy
/ 31 January 2024

Clouds part for global economy, but SA’s prospects remain gloomy

The International Monetary Fund has slashed South Africa’s 2024 growth forecast as the country’s economy grapples with logistics constraints

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Inflation slows again, but interest rate cut is probably still off the table
/ 24 January 2024

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

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Inflation’s defeat is an empty victory
/ 9 January 2024

Inflation’s defeat is an empty victory

This year will finally see interest rates fall. But whatever relief the Reserve Bank administers, it will have come too late for some

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2024 economy: Some relief after a rocky road
/ 2 January 2024

2024 economy: Some relief after a rocky road

Last year was dismal on a number of fronts. And although things probably won’t get exponentially better, there is some hope on the horizon

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Economy shrinks by 0.2% in third quarter
/ 5 December 2023

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

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Reserve Bank holds repo rate, looks through shock inflation data
/ 23 November 2023

Reserve Bank holds repo rate, looks through shock inflation data

Despite ongoing volatility, the monetary policy committee revised its 2023 headline inflation forecast down slightly

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Reserve Bank expected to hold off on hikes
/ 21 November 2023

Reserve Bank expected to hold off on hikes

However, inflation will probably remain elevated into next year

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EXPLAINER: Even as inflation falls, homebuyers hold off
/ 30 August 2023

EXPLAINER: Even as inflation falls, homebuyers hold off

Interest rates will probably remain much higher than their pre-pandemic average, as the Reserve Bank guards against ongoing inflation risks

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Another interest rate hike likely but should be the last for a while
/ 18 July 2023

Another interest rate hike likely but should be the last for a while

The Reserve Bank has already lifted rates 10 times since November 2021

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Spiralling food prices force households into poverty
/ 8 July 2023

Spiralling food prices force households into poverty

Price hikes mean fewer people are able to put nutritious food on the table, experts warn

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Reserve Bank left toothless amid Eskom-induced stagflation
/ 23 May 2023

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

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Economic pinch deflates used car ‘bubble’
/ 8 April 2023

Economic pinch deflates used car ‘bubble’

Used vehicle prices soared amid supply-chain constraints, creating a boom that some experts have speculated may be about to go bust

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Banking shock exposes cheap cash addiction
/ 23 March 2023

Banking shock exposes cheap cash addiction

The turmoil, which some say was inevitable given aggressive hiking cycles, exposes the dependency of advanced economies on cheap credit

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Income strain weighs on financial sector
/ 19 March 2023

Income strain weighs on financial sector

As consumers and businesses reel from tough conditions, insurers have expressed uncertainty over whether there is room for growth

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After Telkom, more tech sector lay-offs on the cards
/ 25 February 2023

After Telkom, more tech sector lay-offs on the cards

Telkom plans to retrench 15% of its employees across the group as the sector rebalances after the online boom during the pandemic

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Restructure Reserve Bank ownership, but do so cautiously, says ANC
/ 17 December 2022

Restructure Reserve Bank ownership, but do so cautiously, says ANC

The ruling party has repeated its proposal to nationalise the central bank’s ownership and mandate, but says it must be done in a way that is conscious of costs

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