Widening current account deficit threatens rand

2015-12-08 11:10

The current account deficit has widened sharply in the third quarter of this year, signalling further pressure on the rand as markets brace for a US rate hike.

Cees Bruggemans: Short-term economic relief but tough times ahead for households

2015-06-24 12:28

Households can expect real incomes to be hit hard, translating into new real spending subsidence as growth wanes, says Cees Bruggemans.

Rand double-edged sword for current account gap

2015-06-22 11:41

While the rand’s slump against the dollar should be benefiting exports, that’s being offset by rising import costs as Eskom buys more diesel to run emergency gas turbines.

Current account deficit narrows as exports pick up

2015-03-17 10:30

The shortfall on SA's current account deficit narrowed in the final quarter of 2014 as exports rose on reduced strike activity and improved conditions.

Current account deficit 'not sustainable'

2014-10-15 11:33

The current account deficit is not sustainable and South Africans are not investing enough, says Efficient Group chief economist Dawie Roodt.

Economy set to pick up - Nedbank

2014-09-10 07:00

The economy is expected to improve in the second half of the year off a low base and also supported by some improvement in global demand, says Nedbank.

Rand tumbles on wider current account gap

2014-09-09 18:10

The rand has fallen more than 1% against the dollar to its weakest in nearly six months, as confidence in the economy wanes.

Current account deficit shock

2014-09-09 10:33

The current account shortfall has widened more than expected to 6.2% in the second quarter, as SA's economy was hit by prolonged strikes and lower global demand.

Tanzania's current account deficit widens

2013-11-12 17:41

Tanzania's current account deficit has widened to 26.1% following a decline in receipts of aid and loans, its central bank says.

SA's current account deficit narrows

2013-06-19 11:50

South Africa's current account deficit has narrowed in the first quarter, helped by increased external demand while a weaker rand boosted local exports.


SA current account gap eases to 4-yr low

2015-09-15 11:48

South Africa has posted its smallest current account deficit in four years as the weaker rand boosted exports and curbed consumers’ appetite for imports.

Current account deficit narrows, spending rises

2015-06-23 11:02

The current account deficit has narrowed in the first quarter of the year, a Reserve bank report shows, although weak exports kept the trade balance under pressure.

Cees Bruggemans on the state of SA’s economy

2015-03-19 10:49

Independent economist Cees Bruggemans assesses the state of South Africa’s economy in light of the most recent figures coming from quarter four in 2014.

Economic imbalances uncomfortable, says Sarb

2014-12-02 10:13

Economic imbalances have grown "more uncomfortable" and growth is unlikely to ease budget deficits without separate policy adjustments, says the Reserve Bank.

Moody's: Strikes affected deficit

2014-09-16 07:31

Strikes, sluggish global demand and declining commodity prices have affected South Africa's worsening current account deficit, says rating agency Moody's.

Rate hike won't help current account deficit

2014-09-10 06:00

Raising interest rates will not bring about a reduction in the size of South Africa's deficit, according to Investec.

Rand slumps on widening current account gap

2014-09-09 12:12

The rand has fallen to a six-month low of R10.89/$ on the news that the current account widened more than expected as strikes hit exports.

Current account gap a threat to stability

2014-04-24 10:52

South Africa's current account deficit, while shrinking, presents a marked risk to the stability of the country's financial system, says the Reserve Bank.

Weak rand boosts export demand

2013-06-20 07:35

Higher global demand for exports has unexpectedly shrunk the current account deficit in the first quarter, a trend that could continue if the rand remains weak.

Rand languishing at four-year lows

2013-03-13 15:25

The rand has fallen to a new low against the dollar as fears over the current account deficit and ongoing labour unrest spook investors.

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