Razia Khan
latest news & developments
Middle East crisis: Why aren’t oil prices much higher?
Lower prices are good insofar as inflation is concerned but they suggest that economic troubles lie ahead
Must we really endure ‘punishing’ markets?
Policymakers have been warned to remain disciplined as economies navigate headwinds — no matter how much it hurts
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
Markets respond badly to Zuma judgement
Investors may fear that a renewed focus on politicking after Monday’s Jacob Zuma judgement will divert attention from the reassurance they seek.
‘Rate cut was right thing to do’
The cut in the repo rate made by the South African Reserve Bank on Thursday was ”the right thing to do”, Standard Chartered Bank has said.
PPI jumps, points to possible big rate rise
South Africa’s producer price inflation (PPI) accelerated unexpectedly to 12,4% year-on-year in April, increasing the possibility of a bigger than previously expected…
GDP slows due to contraction in mining
South Africa’s economic growth rate slowed to 2,1% in the first quarter of 2008 on a seasonally adjusted and annualised basis, official data showed on Tuesday, citing a sharp…
PPI data ‘does not bode well for consumers’
South Africa’s producer price index (PPI) rose by 11,8% year-on-year in March from 11,2% in February, Statistics South Africa data on Thursday showed. Dawie Roodt, economist at…
February PPI ‘a shock to the system’
South Africa’s producer price inflation (PPI) accelerated above forecasts to 11,2% year-on-year in February from 10,4% in January, official data showed on Thursday. Statistics…
Inflation surge boosts rate-hike chances
South Africa’s consumer inflation, which jumped unexpectedly in January, raised the risk of further monetary tightening despite worries over slowing economic growth. Statistics…
Manuel’s budget: Mediocre or historic?
Overwhelmingly positive or mediocre? Economists on Wednesday had a variety of impressions to share of Finance Minister Trevor Manuel’s national budget, tabled in Parliament…
Power crisis likely to wipe out surplus
The goal posts for Finance Minister Trevor Manuel’s spending plans in Wednesday’s national budget were carefully placed last October when he revealed his medium-term expenditure…
Govt: No investment threat from power cuts
South Africa’s crippling power crisis will not put off investors nor limit its ability to stage the 2010 Soccer World Cup, Public Enterprises Minister Alec Erwin said on…
Kenya opposition to resume mass action
Kenya’s opposition said on Friday it planned to restart protests across the East African nation against President Mwai Kibaki’s disputed re-election after the failure of African…
Fears that Kenya chaos could halt economic boom
The bitter dispute over the Kenyan presidency could have long-lasting economic repercussions, observers warn, fearing that financial turmoil could quickly derail an, until now,…