From Russia, with love: How a war changed the global economy
One year on, the Kremlin’s impact appears to be retreating — but, amid uncertainty about the global economy’s growth trajectory, risks to inflation remain
Monetary Policy Committee
Inflation continues its decline
The inflation rate fell for a third consecutive month, as petrol price cuts provided some welcome relief
Reserve Bank lifts repo rate by 25 basis points in the wake of load-shedding’s economic hit
The country’s energy crisis stands to shave two percentage points off growth in 2023
Higher electricity tariffs stand in the way of inflation normalising in 2023
Reserve Bank’s inflation forecast likely to be pushed up, with Eskom set to increase the price of electricity by 18.65% from April
Inflation eases for a second month
The decrease will probably lead to the South African Reserve Bank being less aggressive with rate hikes next week
Explainer: What forces will shape South Africa’s economy in 2023?
Economy hitting geopolitical tensions, pressure on consumers and load-shedding will likely stick around
Inflation cools to 7.4% year-on-year
Prices have slowly retreated from their July peak, when inflation increased at its highest rate since 2009
Don’t read too much into GDP growth spurt
Growth in the third quarter is encouraging, but analysts have cautioned against viewing the data as a sign of the economy’s improved health
Economy bounces back after second quarter slump
Analysts were expecting far more modest GDP growth, considering the mixed bag of economic data for the third quarter
Another 75 basis point hike as Reserve Bank seeks to tame ‘inflation monster’
Consumer inflation hit 7.6% year-on-year in October, bucking the downward trend that had been anticipated after the July ‘peak’
Inflation rises, bucking expectations
The increase will probably add to the South African Reserve Bank’s hawkishness, with analysts expecting another large repo rate hike on Thursday
Brace for another big repo rate hike, even as inflation softens
Analysts are expecting the Reserve Bank to remain hawkish amid still high inflationary pressures and a weak rand
Reserve Bank lifts repo rate another 75 basis points, as rand weakens
Two of the monetary policy committee’s five members preferred an even more painful 100 basis point hike, as bank remains hawkish
Reserve Bank will stay tough, even as inflation softens
Borrowers face another 75 basis point repo rate hike this week, as inflation looks to stay uncomfortably high
Money stress: More women than men are feeling the pinch
Most respondents to a DebtBusters survey are anxious or uneasy about the state of their finances
Reserve Bank may have helped South Africa avoid a more severe crunch
This is according to some economists, who say the Reserve Bank got ahead of the curve before inflation became entrenched
At 6.5%, inflation seals another ‘aggressive’ interest rate hike
Inflation has breached the ceiling of the Reserve Bank’s target range for the first time in more than five years
Winter is here: Inflation, debt cools the economy
There is a lot bearing down on South African consumers and, without growth, the economy stands to decline
Reserve Bank hikes repo rate for fourth consecutive time amid inflation concerns
Economic and financial conditions are expected to remain more volatile for the foreseeable future, says central bank
SA inflation eases slightly in January
The slowdown was helped by lower fuel prices. But this relief was temporary, as February saw another petrol hike
Reserve Bank lifts rates again as high inflation takes its toll
The monetary policy committee has voted to lift the repo rate by another 25 basis points as advanced economies mull policy tightening
Lessons from Turkey to SA: Economic independence is a battle
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
As Reserve Bank eyes inflation, jobs suffer
The central bank has been criticised for hiking interest rates to the detriment of employment
‘A cruel slap’: Reserve Bank weighs inflation risks as the economy struggles
Critics have said the repo rate hike will jeopardise already sluggish economic growth, but others say the gradual increase will have little effect
Reserve Bank green-lights interest rate lift-off
The decision to hike the repo rate by 25 basis points comes in the wake of red-hot inflation in advanced economies and fears policymakers will start to dial back on accommodative measures
South African inflation unchanged as some economists expect repo rate lift-off
Global inflation has surprised on the upside, which may factor into whether the Reserve Bank’s monetary policy committee decides to raise the interest rate on Thursday
Hawkish Reserve Bank sees South Africa edge towards a rates hike
Analysts say the Reserve Bank could start tightening monetary policy as early as next month
If the inflation-driving supply strain in the US lasts, it could put South Africa in a chokehold
In South Africa, a strong trade surplus, buoyed by robust commodity prices, will cushion our economy against pressure arising from US policy
South Africa’s recovery lags behind emerging market peers Mexico, India
The economy grew for the fourth consecutive quarter, but the country is playing catch-up to its peers
Commodities ‘bail out’ South African economy, but chronic structural woes remain
The mining industry is riding a wave that will eventually crash, analysts warn
Riots cause Reserve Bank to revise growth expectations
Last week’s violence will likely slow South Africa’s economic growth, the central bank’s monetary policy committee said on Thursday afternoon
Repo rate unchanged even as inflation risks grow
Reserve Bank stands at the ready to act if the rise in inflation threatens to become permanent