Tapping into gold and foreign reserve to pay debt servicing costs is risky for South Africa
/ 21 July 2024

Tapping into gold and foreign reserve to pay debt servicing costs is risky for South Africa

Economists say the government can expect to incur inflationary and exchange rate costs from the move

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30 YEARS OF DEMOCRACY: SA’s economy neither Gear nor there
/ 26 April 2024

30 YEARS OF DEMOCRACY: SA’s economy neither Gear nor there

Amid directionless policy after 30 years of democracy, the country’s prospects continue to be driven by the whims of miners and their financiers

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Ster-Kinekor suffers blockbuster blues
/ 8 April 2024

Ster-Kinekor suffers blockbuster blues

But the cinema group’s chief executive insists that the show will go on as load-shedding abates

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SARB will hold off on rate cuts until July, experts predict
/ 27 March 2024

SARB will hold off on rate cuts until July, experts predict

Today’s monetary policy committee meeting comes in the wake of a surprise acceleration in South Africa’s annual inflation rate

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Rand reels amid rates reckoning, braces for election turmoil
/ 26 January 2024

Rand reels amid rates reckoning, braces for election turmoil

The local currency could be in for more volatility as political push-and-pull raises uncertainty

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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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Austerity, the NDP’s grim reaper
/ 29 September 2023

Austerity, the NDP’s grim reaper

Ten years after its adoption, the government has failed to achieve the targets set out in the National Development Plan. Looming spending cuts will render the NDP even more futile

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Will SA lose its footing amid China’s great rebalancing act?
/ 29 August 2023

Will SA lose its footing amid China’s great rebalancing act?

To realise sustainable growth, the economic superpower must change tack, and South Africa must be ready to adjust

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Public purse sees tail end of mining tailwind
/ 21 August 2023

Public purse sees tail end of mining tailwind

Mining windfall helped SA’s financial position, but lower revenues and additional spending will delay the end of fiscal consolidation

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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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Not out of the woods yet, SA’s economy braces for another blow
/ 8 June 2023

Not out of the woods yet, SA’s economy braces for another blow

The country’s economy expanded 0.4% in the first quarter, but analysts warn not to expect growth or recovery anytime soon

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As state quietly quits, economic policy goes rogue
/ 30 May 2023

As state quietly quits, economic policy goes rogue

Whatever hope was ignited among investors by the idea of a Ramaphosa presidency has mostly been snuffed out

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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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In the battle of superpowers, SA will always be vulnerable
/ 19 May 2023

In the battle of superpowers, SA will always be vulnerable

The rand’s fall after the US’s Russian arms claims shows South Africa can’t risk taking a side

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This is how treasury will write off Eskom’s crushing municipal debt
/ 4 May 2023

This is how treasury will write off Eskom’s crushing municipal debt

The treasury also hopes to change the behaviour of local government officials and restore financial management best practices

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Energy crisis dims Ramaphosa’s economic ambitions
/ 17 April 2023

Energy crisis dims Ramaphosa’s economic ambitions

The president has been burned before by his administration setting expectations too high. The past five years has put the country’s real prospects into focus

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Rising food prices in South Africa: A struggle for daily survival
/ 30 March 2023

Rising food prices in South Africa: A struggle for daily survival

The shelves in grocery stores have become more forbidding since the pandemic, but economists believe that there is some hope on the horizon

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