Economists say the government can expect to incur inflationary and exchange rate costs from the move
Commentators are cautiously positive about the treasury’s decision to use the Gold and Foreign Exchange Contingency Reserve Account
A wider Middle East war would hit an already fragile and fragmented economy.
Chile and Brazil are leading the pack with their recent interest rate cuts but South Africa is on its own timeline
Renewable energy could close the gap between demand and supply, ending load-shedding. But out-of-pocket Eskom must find money to upgrade its transmission infrastructure first
Global dynamics and South Africa’s energy crisis will weigh on domestic growth for years to come. But green investment could, eventually, resuscitate the economy
With high prices continuing to bear down on consumers the world over, leaders who fail to bring inflation to heel could face a reckoning
Disagreements over a basic income grant, labour law reform and how to save the economy mean consensus is still far off. But trade-offs – and political shifts – will eventually have to be made for there to be any hope of real change
The rand has managed to withstand even the strongest global headwinds, but it is unlikely it will continue to hold steady in the wake of the Fed’s aggression
The Zondo report delves into South Africa’s procurement web, as it tries to figure out why state-owned entities were able to be captured
Covid-19 cast the economy adrift, but a less punishing new phase of the pandemic could set it back on track
Without tighter capital controls, regulating the flow of money in and out of their economies, Turkey and South Africa are vulnerable to the whims of the financial markets
Critics have said the repo rate hike will jeopardise already sluggish economic growth, but others say the gradual increase will have little effect
The new finance minister has a difficult task, but analysts say his political capital will help him hold a hard line on state spending
GDP growth may be encouraging but it doesn’t mean much for SA’s millions of unemployed
Public sector unions have cried foul over the government’s plan to freeze wages for three years and have vowed to fight back.
Minister of Finance Tito Mboweni has asked for a week’s delay in presenting the medium term budget policy statement.
Government, labour, business and community have come up with a combined economic recovery plan amidst three others to help kickstart the economy. Some are new, while others are old and falter in not taking into account the ‘new normal’