Mike Sch
latest news & developmentsSA inflation jumps, backs rate rise
South African consumer inflation raced further away from the central bank’s band in November, backing the case for another interest rate rise, despite a slowdown in retail sales.…
‘Ugly’ CPIX strengthens case for rate hike
South Africa’s targeted CPIX inflation rate quickened to 7,9% year-on-year in November from 7,3% in October, official data showed on Wednesday. Statistics South Africa also said…
Tourism booms in Gauteng
Gauteng tourism is one of the best performing sectors in the province — recording an annual growth of more than 10%, economists said on Thursday. Mike Schüssler, economist at…
Barometer: Interest rates knock Gauteng economy
The Gauteng economy is slowing down as several industries experience a drop in business-activity levels, said the Gauteng Business Barometer (GBB). Spokesperson Mike Schüssler…