April’s slight uptick suggests that the Reserve Bank will keep the benchmark repo rate at 7.5% next week
The South African Reserve Bank is unlikely to cut interest rates next month, because of inflationary pressures that lie ahead
For an agricultural sector that depends on international markets, short-term protectionist measures offer little benefit and erode long-term competitiveness
With inflationary pressures heightened, the Reserve Bank might take a cautionary approach regarding its interest rate decision on Thursday
The South African Reserve Bank has warned of an upside risk to the inflation outlook
This is the lowest reading for inflation in South Africa since April 2021
This comes as inflation eased to 4.4% in August, below the midpoint of the Reserve Bank’s 3-6% target band
While we could see food price inflation remaining relatively softer in the coming months, there are some possible upside price risks on bread and cereals and meat.
Consumer inflation remains sticky above the 4.5% midpoint of the central bank’s target range
Delivering the unanimous decision, central bank governor Lesetja Kganyago cited a still uncertain global outlook This content is restricted to registered users and subscribers.…
Movements in headline inflation are a key indicator, but decisions are also influenced by central banks around the world, especially the US Federal Reserve
The central bank has maintained the key repo rate at 8.25% since hiking it by 50 basis points in May 2023 This content is restricted to registered users and subscribers. Get Your…
The consumer price index rose 5.6% year-on-year in February and was at 1.0% month-on-month
Food price inflation contributed 2.4 percentage points to the annual rate of 7.1%
Telkom plans to retrench 15% of its employees across the group as the sector rebalances after the online boom during the pandemic
