Rene Vollgraaff

Consumer Price Inflation exceeded the Reserve Bank’s target band of 3% to 6% for the third time in .

Economists are split on whether the South African Reserve Bank’s Monetary Policy Committee will hold or hike interest rates on Thursday.

The World Bank has revised South Africa’s economic growth forecast from 2.3% to 2% for 2014.

Weeks of rain in the north and east of the country will have an impact on infrastructure spend, construction revenues and even maize harvesting.

Major cities in developing countries struggle to attract funds from international financing institutions, says Mayor Parks Tau.

The finance minister says government is monitoring the currency but a rate hike has done little to stem the depreciation of the rand.

Factory output have expanded as weak currency increased demand for South Africa’s manufactured goods.