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intratesnov14hold

The SARB treads carefully, leaves rates unchanged

Following the South African Reserve Bank’s decision to keep interest rates at their previous level, FNB confirms that it will maintain its prime lending rate at 10,50% and will review its position after the next SARB MPC meeting in July. (more…)

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eurorecoveryf

Europe’s outlook improves

With the French election over, is it time to be more optimistic about investing in Europe? According to recent data, there’s been some economic improvement across the EU, while companies appear to be doing well and share prices are climbing. In such an environment, is it perhaps too easy to believe that Europe’s problems are […]

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inflation-interest-ratesf

Inflation eases to 5.3%, weak growth remains a concern

By Mamello Matikinca, FNB Senior Economist Consumer price inflation staged its first return within the SARB’s target band since August last year, printing 5.3% y/y in April from 6.1% in March. (more…)

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intratesnov14hold

Uncertainty means SARB expected to leave rates unchanged

The uncertainty around the rand with Moody’s rating review still pending would make the Monetary Policy Committee very cautious to change any policy settings. This is according to Tinyiko Ngwenya, an economist for Old Mutual Investment Group, who says that the South African Reserve Bank will likely leave the repo rate unchanged at the conclusion […]

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IMF Staff Completes 2017 Article IV Visit to South Africa

The staff of the International Monetary Fund (IMF) recently completed a visit to SA.  Here’s what they found. (more…)

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IMF, Treasury, economy, GDP, unemployment, International Monetary Fund

Mogajane appointed as acting Treasury DG

Dondo Mogajane, the Deputy Director-General responsible for the Public Finance division, has been appointed as the acting Director-General for the National Treasury. The announcement was made late Monday in a statement. (more…)

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Never stop investing because of volatility

South Africa’s recent downgrades by rating agencies may put off some people from continuing to invest. This should not be the case, the market goes through periods of volatility and that’s never reason enough not to stay invested. (more…)

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Prof Raymond Parsons

Return of Molefe to Eskom creates ‘credibility gap’

The surprise return of Brian Molefe to ESKOM raises serious questions of credibility around the previous commitments to good governance and sound financing of SOEs like ESKOM, given the particular circumstances which led to Molefe’s voluntary but understandable departure from that organization a few months ago. (more…)

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