Sanisha Packirisamy
latest news & developmentsRand strengthens as investors welcome Godongwana, Ramokgopa reappointments
Godongwana has pursued the austerity measures implemented by his predecessors to reduce debt and Ramokgopa is partly credited with the current relief from load-shedding
How a potential Trump return to power could impact commodity prices and global markets
The Republican candidate is running a tight race against incumbent Joe Biden, who could see his Inflation Reduction Act dismantled
Investment 2024: SA a ‘hard sell’ as growth continues to falter
Investors will struggle to look beyond the country’s energy and logistics crises
Can coalitions stabilise the economy?
With the right amount of planning, political coalitions can work – and even create the environment for better economic solutions
Mini-budget raises questions about SA’s growth prospects
Finance Minister Enoch Godongwana has emphasised the need to address supply-side constraints, such as the country’s energy and logistics crises
Global economy braces for Israel-Hamas spillover
A wider Middle East war would hit an already fragile and fragmented economy.
Public purse sees tail end of mining tailwind
Mining windfall helped SA’s financial position, but lower revenues and additional spending will delay the end of fiscal consolidation
Emerging markets unwinding? Not just yet
Chile and Brazil are leading the pack with their recent interest rate cuts but South Africa is on its own timeline
What’s in it for the ‘friends of Brics’?
A bigger alliance will give the group extra economic heft, but it remains to be seen whether its members can speak in one voice
Self-inflicted pain makes SA rand a sore thumb
The currency, which is usually a bellwether for other emerging markets, has diverged from global trends – thanks in large part to the energy crisis
Will the dollar hit a Brics wall?
The architecture of the global financial system hurts emerging market economies but the alliance has yet to offer an alternative
With little detail about Eskom’s debt plan expected, budget could disappoint
The utility’s R400 billion debt has fed into the country’s 15-year energy crisis and low growth potential, which has been identified as a key credit weakness
Ramaphosa’s economy remains a work in progress
The government has struggled to claw back business confidence after the state capture years.
Don’t read too much into GDP growth spurt
Growth in the third quarter is encouraging, but analysts have cautioned against viewing the data as a sign of the economy’s improved health
Controversial government spending cuts ‘paid off’
Fiscal consolidation is drawing to a close as the public purse was boosted by commodities, but the treasury will probably continue exercising restraint