This deadly virus is forcing all of us to take a breath and to slow down, writes Melanie Verwoerd.
High level clouds. Mild.
The last time the interest rate was cut by a full percentage point in one meeting was in 2009, during the global recession.
The central bank last year came under criticism from labor unions and some senior ANC members who want interest rates to be reduced.
Interest rates are likely to remain unchanged on May 23, according to Sanisha Packirisamy, an economist at Momentum Investments.
The Monetary Policy Committee of the SA Reserve Bank will make its first interest rate announcement of 2019 on Thursday.
The SARB's decision to hike the repo rate is coming in for a great deal of criticism from investors and market participants, says an analyst from Intellidex.
This time SARB decided to keep interest rates the same, but what could happen at the next MPC meeting in November?
SARB's Monetary Policy Committee is likely to leave the repo rate the same when it meets later this week, according to an interest rate barometer.
SARB's decision to keep the repo rate unchanged will likely keep consumer confidence in the doldrums, says a household and property sector strategist at FNB.
SA Reserve Bank governor Lesetja Kganyago justifies the MPC keeping the repo rate unchanged by saying SA's growth prospects have remained “subdued”.
Reserve Bank Governor Lesetja Kganyago said that the MPC was not pressured to introduce a rate cut, saying that the bank remains credible.
The Reserve Bank is under pressure to help arrest the economy’s downward spiral.
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.
The decision by the SARB to keep the repo rate unchanged reflects changes in the monetary policy outlook, says the Nedbank Group Economic Unit.
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.
A lack of trust, policy coherence and political infighting are among the issues keeping the SA Reserve Bank’s Monetary Policy Committee members up at night.
Four property experts give their views on the current state of the SA property market, where the opportunities are and what the latest SARB rates decision means for the industry.
Economists have largely been surprised by the decision of the SA Reserve Bank’s Monetary Policy Committee to keep interest rates unchanged at 6.75%.
Six real estate experts give their take on what the SA Reserve Bank's surprise decision to keep interest rates unchanged could mean for the property industry.
Given the heightened uncertainties in the economy, the MPC felt it would be appropriate to maintain the current monetary policy stance at this stage, and reassess the data and the balance of risks at the next meeting.
The Sarb may keep rates unchanged at its next MPC meeting, and a rate cut may not come as soon as expected.
Cape TownMass Staffing ProjectsR300 000.00 - R350 000.00 Per Year
Cape TownTumaini ConsultingR650 000.00 - R780 000.00 Per Year
Cape Town Northern SuburbsNDC Personnel & Contractors CC
R 4 800 000
R 3 300 000
R 6 950 000
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.