Kganyago: 0% growth for SA in 2016

2016-07-21 17:29

The SA Reserve Bank's latest forecast is for 0% growth in SA in 2016 compared with 0.6% previously, says Sarb governor Lesetja Kganyago.

Economists react to rates move, growth shocker

2016-07-21 13:38

SA Reserve Bank governor Lesetja Kganyago has announced that the Monetary Policy Committee has decided to keep the repo rate unchanged at 7%.

Inflation hits 6.3% as prices rise across the board

2016-07-20 10:39

Prices for consumer goods and services in June 2016 were up across the board, according to Statistics SA.

Expect inflation rise a day before repo rate news

2016-07-20 07:57

Economic data to be released shortly will likely reveal a rise in inflation, according to several economists.

Hike or hold: Hard to call Sarb's next rates move

2016-07-17 19:41

Economists are finding it difficult to call the next interest rate move this week given the release of consumer inflation data only shortly before the announcement.

Food inflation could fall next year, meanwhile people pay lots more

2016-06-30 10:42

Low-income families need to earn at least 50% more than they do now to be able to afford a monthly basket of food that is nutritionally sufficient.

Little room to defer policy response, says Sarb

2016-06-24 11:17

The South African Reserve Bank says there is little space to defer a monetary policy response with inflation expectations already close to the top end of its target.

Slowing inflation gives Sarb more room to pause on rates

2016-06-22 16:37

The inflation unexpectedly slowed in May, giving Sarb room to keep interest rates unchanged to support an economy at risk of falling into recession.

Average salaries grow just above inflation

2016-06-22 12:42

The average South African salary has risen just above the estimated rate of inflation, according to the BankservAfrica Disposable Salary data.

April wholesale trade sales jump 5.7% y/y

2016-06-15 10:31

Wholesale trade sales increased by 5.7% in April 2016 compared with April 2015, Statistics SA has announced.


No change in rates amid uncertainty

2016-07-21 15:22

In line with the consensus among economists, Reserve Bank governor Lesetja Kganyago has announced that the interest rate will remain unchanged.

Higher June inflation won’t move MPC on rates

2016-07-20 21:00

Given South Africa's weak economic growth environment and monetary policy easing in developed markets, the SA Reserve Bank is unlikely to hike rates on Thursday.

Rand improves after IMF growth concerns dent SA currency

2016-07-20 08:53

The rand has returned to its strong level of R14.32/$ after weakening a day earlier due to a strong dollar and growth concerns about South Africa being voiced.

Nigeria inflation 16.5% in June, highest in almost 11yrs

2016-07-18 12:06

Nigerian inflation has accelerated to the highest rate in almost 11 years in June, as the economy is at risk of contracting this year.

Inflation Linked Bonds – the not-so-boring alternative

2016-07-08 10:40

Unexpected inflation spikes cause havoc. One way around this is to invest in inflation linked bonds which compensate you for inflation, explains a portfolio manager

Brexit could hurt SA’s economic growth, warns Kganyago

2016-06-29 06:50

There is no doubt that the British exit from the EU will slow the South African economy from the weak growth we already have, says Reserve Bank governor Lesetja Kganyago.

Ukraine cuts borrowing rates for 3rd time as CPI fades further

2016-06-23 14:44

Ukraine has cut borrowing costs for a third month as inflation continued to ease and the hryvnia reached its strongest level since January.

Slow inflation growth may keep rates on hold

2016-06-22 13:58

Slower inflation trajectory is likely to provide the South African Reserve Bank Monetary Policy Committee with enough justification to keep rates on hold, writes Jason Muscat, FNB senior industry analyst.

Surprise drop in consumer inflation

2016-06-22 10:22

Contrary to a predicted rise, Statistics South Africa has announced a modest decrease in the country's consumer price inflation.

India’s inflation quickens more than estimated

2016-06-13 16:00

India’s retail inflation has accelerated more than estimated, the second surprise in as many months that reduces room for more interest-rate cuts.

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