Nico Kelder
latest news & developmentsCPIX figure a ‘shocker’
South Africa’s targeted CPIX inflation rate quickened to 7,3% in the year to October from 6,7% in September, data showed on Wednesday, above forecasts. Statistics South Africa…
September retail sales growth slows to 2%
South Africa’s retail sales growth slowed to 2% year-on-year in September at constant prices, data showed, but analysts said this was likely not enough to hold off another…
September trade deficit lower at R4,3-billion
South Africa recorded a trade deficit of R4,3-billion in September, compared to August’s R9,1-billion shortfall, the South African Revenue Service said on Wednesday. Economists…
Slowdown takes shine off SA’s mini-budget
As South Africa’s economic growth slows and inflation heats up, Finance Minister Trevor Manuel will present a medium-term budget on Tuesday with decidedly less to smile about…
August retail sales at 6,9%
South Africa’s retail trade sales picked up again in August, increasing by 6,9% year-on-year, in comparison to July’s 4,9% year-on-year rise, according to data released by…
August trade deficit down slightly
South Africa recorded a trade deficit of R9,1-billion in August, compared with July’s R9,4-billion shortfall, the South African Revenue Service said on Friday. Economists polled…