The prominent economist came under flak earlier this year after posting a tweet that many on social media deemed racist.
Temba Bavuma’s century made more sense than anything that happened off-ground in the interim between holiday end and work start.
After an outcry over suspended Standard Bank economist and strategist Chris Hart’s qualifications on Twitter, Wits has listed his qualifications.
The South African Reserve Bank will leave interest rates unchanged for the foreseeable future should economic conditions persist, economists predict.
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/ 12 September 2011
An increase in the rate of Value Added Tax would be the most effective way of funding the National Health Insurance, economists say.
With the US at risk of default, bonds and cash are a bigger risk than you realise.
Inflation targeting is likely to be reviewed, because if South Africa’s policymakers only use interest rates as the tool to fight inflation, the country is in for a nasty generational learning experience as the policy will not be removing the cause of inflation, said Chris Hart, chief economist from Investment Solutions.
The increase in the retail price of petrol by 55 cents per litre will result in a ”period of anguish” for South African households, an economist said on Wednesday. Absa economist Chris Hart said the increase would cause food prices to rise and fuel inflation. Hart said the country was expecting a hike in electricity prices as well as an increase in the rate of taxes.
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/ 26 January 2008
The ”nightmare” of South Africa’s major gold, platinum and diamond mines shutting down because of power failures became a reality on Friday. ”Tens of millions of rands a day are being lost. It’s a nightmare,” said T-sec chief economist Mike Schussler. The JSE gold mining sub-sector closed almost 6% lower on Friday. The move contributed to the gold price rising.
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/ 18 January 2008
Chief economist of Citigroup in South Africa Jean Mercier says he expects a South African growth rate of 4% in 2008, but adds that it should start stabilising towards the second half of the year and then have a bit of a pick-up in 2009. He foresees growth of 4,5% in 2009, with it picking up towards the soccer World Cup in 2010.
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/ 16 January 2008
Despite a significant dip in real retail sales in South Africa, analysts feel that risks remain for another rate hike on January 31. However, the central bank may also have to ponder that real retail sales could head into negative territory in the months ahead and lead consumers into a recession.
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/ 24 October 2007
The increase in South Africa’s CPIX (consumer inflation less mortgage costs) for metro and other areas, which is used by the South African Reserve Bank for its inflation target, was up 6,7% year-on-year (y/y) in September from 6,3% y/y in August, Statistics South Africa (Stats SA) said on Wednesday.
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/ 26 September 2007
South Africa’s targeted CPIX inflation rate slowed to 6,3% in the year to August from 6,5% in July, data showed on Wednesday, slightly above forecasts. Statistics South Africa also said that the all-items consumer price index (CPI) increased by an annual rate of 6,8%, compared to 7% in July.