According to the South African Reserve Bank (SARB), its primary purpose is to achieve and maintain price stability in the interests of balanced and sustainable economic growth in South Africa. While this mandate sounds particularly eloquent it makes one think of the investor who wants equity-like returns with cash-like risk. So says Luigi Marinus, an [...]
Tag Archives | interest rates
Rates unchanged – inflation risk rises
Unanimous – rates unchanged and upside risks. This was from SA Reserve Bank Governor Gill Marcus responding to a question after the MPC Policy statement was announced. Rates remain at low levels (5.5% repo rate) but the inflation risks are on the up. While the Governor acknowledged the need to act timeously on the inflation [...]
Read full story • Comments are closed
Rates increase on the horizon?
Economic developments, particularly the potential second round inflation effects of the past year’s commodity and administered price shocks, would most likely prompt the SA Reserve Bank to hike interest rates towards the end of this year and will continue with hikes in 2012. This was the comment of private client wealth manager Citadel’s Chief Investment [...]
Read full story • Comments are closed
Upside risk to inflation but no change in interest rates
The latest Monetary Policy Committee (MPC) meeting ended today (24 March 2011) and in a statement this afternoon Governor of the South African Reserve Bank Gill Marcus said that “the MPC has decided to keep the repurchase rate unchanged at 5,5% per annum for the time being. Given the significant upside risks to the inflation [...]
Read full story • Comments are closed
Where we’ve been this week: Stanlib – inflation and interest rates
Forecasting is a game no serious individual can undertake without appreciating the risks. A forecast is just a forecast and it is sometimes wrong and sometimes right. It is always difficult. The past few years have been particularly challenging for those working with inflation and interest rates – they either seem to shoot way above [...]
Read full story • Comments are closed
Tax Guide 2012
Latest Issue - 30 April 2012
In This Issue:
- Local and offshore ETFs
- Why stock selection is key
- Medical Survey - the cost of healthcare
- New player in life insurance market
Newsletters
Newsletter 17 May 2012: Lump sum versus debit order, 3 essentials for a confident investor
In today’s newsletter we look at investing with a lump sum or regular contributions – how do they stack up against each other? We also share three investment tips to cope with uncertainty. Being right about muddle-through hasn’t made investing any easier Most predicted that politically and often economically the year 2012 would be a [...]
