Former president Jacob Zuma was never going to remain the all-powerful and omnipresent political figure that he thought, writes Pieter du Toit.
Decades of stock market and interest rates data point to a strong correlation between the two. PSG Wealth’s Schalk Louw explains what history tells us about declining interest rate phases and how it could impact the JSE.
Should Reserve Bank governor Lesetja Kganyago announce a cut in South African interest rates this week, as expected, it won’t be because politicians want him to.
Central banks in sub-Saharan Africa’s key economies will take direction from US Federal Reserve Chairman Jerome Powell when they make calls on interest rates in the next 10 days.
SARB is anticipated to cut the repo rate at the next meeting of its MPC, says Nicky Weimar, senior economist at Nedbank.
Facing persistent pressure from President Trump and financial markets to lower interest rates, the Federal Reserve holds a two-day meeting this week which could lay the groundwork for a rate cut later this year.
Economists expect the Reserve Bank to keep the repo rate on hold at 6.75% at the upcoming monetary policy committee meeting this week.
The decision by the SARB to keep the repo rate unchanged reflects changes in the monetary policy outlook, says the Nedbank Group Economic Unit.
The Monetary Policy Committee of the SA Reserve Bank will make its first interest rate announcement of 2019 on Thursday.
Reserve Bank Deputy Governor Francois Groepe's replacement will be the first senior executive selected by President Cyril Ramaphosa after taking over from Jacob Zuma as leader of the country.
The South African Reserve Bank’s timid rate cutting cycle has ended abruptly last week with a 25 basis-point rate hike, but was it really necessary? ask analysts from Overberg Asset Management.
The only way to lower current global debt levels is by decreasing government spending or increasing taxes. That won’t be happening anytime soon, which means the debt spiral continues.
As interest rates fall in rich countries, international investors are piling into bonds that earn higher interest rates – like those issued by the South African government.
The Reserve Bank has to start cutting rates. And history needs to repeat itself.
South Africa’s annual inflation quickened in May, with the rate reaching the midpoint of the central bank’s target range as higher food and beverage prices contributed to the increase.
The South African Reserve Bank’s forecasting model shows there might be room for interest rate cuts in the next year or two, given how weak the economy is, Governor Lesetja Kganyago has said.
Interest rates are likely to remain unchanged on May 23, according to Sanisha Packirisamy, an economist at Momentum Investments.
Federal Reserve officials scaled back their projected interest-rate increases this year to zero.
With the Monetary Policy Committee of the SA Reserve Bank due to make its first interest rate announcement for 2019 on Thursday, economists from PwC, Investec and Nedbank Corporate and Investment Banking say rate hikes are unlikely.
Bets that Brazil may hold interest rates at a record low throughout 2019 has gained strength after the country posted its biggest monthly deflation in one-and-a-half years.
Read the full statement of the monetary policy committee delivered by the Reserve Bank's governor Lesetja Kganyago.
MosselbaaiCalandria Labour Consultants
Somerset WestAfrica Experience Collection (PTY) LTDR40 000.00 - R70 000.00 Per Month
R 2 960 000
Apartments / Flats
R 6 250 000
R 2 350 000
We subscribe to the Press Code.
You choose what you want
News24 on Android
Get the latest from News24 on your Android device.
Terms and Conditions
24.com Terms and Conditions - Updated April 2012
Creating your profile will enable you to submit photos and stories to get published on News24.
This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.