Better than expected inflation outcomes domestically and globally back the case for the central bank to cut the repo rate to 8%, economists said
After the release of the December inflation data, Investec chief economist Annabel Bishop said the Reserve Bank is likely to remain hawkish amid upside risks
The GDP decline comes despite an improvement in energy generation during the quarter, suggesting logistical constraints and interest rates are choking the economy
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
During her opening address at Africa’s Travel Indaba, the minister emphasised the need for implementation to revive the industry
According to Statistics South Africa’s report, the largest increase in employment over the quarter stemmed from the Western Cape at 6.9%
Consumer inflation is expected to remain close to the central bank’s 6% ceiling, amid war-induced oil price rally
The volume of new mortgage applications reached multi-year highs amid record low interest rates