Mail & Guardian
Mail & Guardian

Mamello Matikinca Ngwenya

latest news & developments
Consumer confidence has rebounded from the low recorded in the second quarter, but it remains firmly within depressed territory. Photo: Waldo Swiegers/Bloomberg/Getty Images
ANNABEL BISHOP

Depressed consumer sentiment lifts slightly

The improvement in confidence was helped by the change in attitude of affluent consumers, who were spooked by severe load-shedding and the Russian cargo ship debacle in the…

  • Sarah Smit
3 min read
Workers carry out repairs at the Tutuka coal-fired power station in Mpumalanga. File photo: Waldo Swiegers/Bloomberg
BUREAU FOR ECONOMIC RESEARCH

Energy crisis factors into SA credit trends

Financial conditions are tight but demand for credit has remained robust in the face of interest rate hikes

  • Sarah Smit
6 min read
Reserve Bank governor Lesetja Kganyago said that this is the lowest repo rate since the system was introduced in 1998.
CONSUMER INFLATION

Repo rate falls to 3.5% — its lowest since 1998

Repo rate drops to 3.5% as Reserve Bank predicts a 7.3% contraction in South Africa’s GDP

  • Tshegofatso Mathe
3 min read