The announcement comes as the bank foresees lower global interest rates and a weaker outlook for the local economy
Despite the global environment becoming less tense since the March meeting, the central bank will remain cautious, economists say
The South African Reserve Bank is unlikely to cut interest rates next month, because of inflationary pressures that lie ahead
The monetary policy committee said it remains vigilant amid risks to inflation outlook on the global and domestic front
As individuals learn how to trade crypto, they are drawn by the promise of high returns, despite the volatility associated with these digital assets
There is much to suggest that global economic disaster is not assured, or even likely, in the near future
Developed countries could do much to help counterparts in the developing world weather the current storm
Michael Power chats to the M&G editor-in-chief and business journalists about South Africa and its place in the global economy
Michael Power chats to the M&G editor-in-chief and business journalists about South Africa and its place in the global economy.
Countries with the biggest industrialised economies could see an average loss of 8.5% of economic value by 2050, according to an Oxfam analysis
But 27% of the chief executives canvassed report being ‘not concerned at all’ or ‘not very concerned’ about climate change
John Davenport’s Google survey of 500 people shows that people are twice as scared of the economic effects of Covid-19 than they are of catching the virus
How online media during the Coronavirus lockdown foreshadows a permanently encapsulated life
The coronavirus epidemic has thrown issues such as gross income and ownership inequality into the spotlight, as we try to find ways to navigate through this crisis
Democracy and social welfare may get a boost and blind capitalism may see that it’s unsustainable
The world needs someone to step up and take charge – anyone but Donald Trump that is
South Africa was well-placed for the 2008 crisis. But R3.18-trillion debt and low growth hamper its ability to limit the economic effects of Covid-19
While populist governments around the world have continued to run up public debts to pay for handouts to their supporters, others are pushing back
The best option is stakeholder capitalism, which links societal benefits to financial returns
An upswing in economic risks has prompted the International Monetary Fund to cut its forecast for world growth
“The nexus of nuclear, climate and global security is a critical intersection.”
Global economic growth rates will fall this year, with the International Monetary Fund revising down its forecasts for 2013 and 2014 accordingly.
The slowdown in the global economy and effect of cheaply manufactured goods on the local manufacturing sector will continue to affect production.
No image available
/ 5 September 2011
World Bank president Robert Zoellick said the world economy was entering a "new danger zone". What can policymakers do about it?
Bleak forecasts for the global economy were echoed by similar warnings of tougher conditions from local economists this week.
The nuclear threat makes assessment of the earthquake’s economic impact difficult.
Within a year its economy could be booming while international markets finance the recovery.
The global economy is moving towards a new monetary system with gold emerging as a preferred alternative to existing assets, said the World Bank.
No image available
/ 20 February 2009
European Central Bank President Jean-Claude Trichet said on Friday that the financial markets are experiencing an ”ongoing correction” and declined to
No image available
/ 15 December 2008
No more them and us, with a farewell to American supremacy — China is to be biggest beneficiary of change.
No image available
/ 4 December 2008
A government task team will be established to handle the effects of the global economic crisis, Finance Minister Trevor Manuel announced on Thursday.
No image available
/ 4 December 2008
If the American government went bankrupt, it would effectively bankrupt the world with it.