Bureau For Economic Research
latest news & developmentsSouth Africa’s economy shrinks by 0.3% in the third quarter
Economists incorrectly predicted a slight uptick in GDP
Tapping into gold and foreign reserve to pay debt servicing costs is risky for South Africa
Economists say the government can expect to incur inflationary and exchange rate costs from the move
30 YEARS OF DEMOCRACY: SA’s economy neither Gear nor there
Amid directionless policy after 30 years of democracy, the country’s prospects continue to be driven by the whims of miners and their financiers
Ster-Kinekor suffers blockbuster blues
But the cinema group’s chief executive insists that the show will go on as load-shedding abates
SARB will hold off on rate cuts until July, experts predict
Today’s monetary policy committee meeting comes in the wake of a surprise acceleration in South Africa’s annual inflation rate
Signs point to SA having avoided a technical recession
According to economists, the country’s fourth-quarter GDP numbers will have been buoyed by a winding down of power outages
Rand reels amid rates reckoning, braces for election turmoil
The local currency could be in for more volatility as political push-and-pull raises uncertainty
Inflation rises towards Reserve Bank’s upper limit, pointing to rate hikes down the line
Despite inflation coming within a hair’s breadth of 6%, there is still reason to believe that the central bank will hold interest rates this week
Reserve Bank expected to hold off on hikes
However, inflation will probably remain elevated into next year
Austerity, the NDP’s grim reaper
Ten years after its adoption, the government has failed to achieve the targets set out in the National Development Plan. Looming spending cuts will render the NDP even more futile
Retail sales continue downward trend in July
Retail trade sales decreased for the eighth consecutive month showing that consumers are still cash-strapped
Reserve Bank expected to look past slight inflation uptick
Inflation accelerated to 4.8% year-on-year in August, up from 4.7% in July, according to data from Statistics South Africa
Consumers dipping into trusts amid financial strain
With interest rates at a 14-year high, many South Africans have depleted their emergency savings
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…
SA’s economy records better-than-expected growth
A boost to manufacturing and agriculture’s rebound has seen the country’s GDP expand 0.6% quarter-on-quarter