Latest articles on Azar Jammine
The South African Reserve Bank will leave interest rates unchanged for the foreseeable future should economic conditions persist, economists predict.
There is a mismatch in South Africa's economy between the structural direction in which it is headed and its current skills profile, says Dr Azar Jammine, director and chief economist of Econometrix. While the economy is creating 194 000 jobs, according to formal-sector statistics, 368 000 students passed matric last year.
If the South African Reserve Bank is consistent, then inflation matters have deteriorated since October and another rate hike can be expected in December, according to Dr Azar Jammine, director and chief economist of Econometrix. However, Jammine on Monday also criticised some of the thinking in this regard.
There is potential for the rand to tend to be weaker due to the current-account deficit, but more than anything the currency's fortunes will depend on the strength of the global economy, according to Dr Azar Jammine, director and chief economist of Econometrix.
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