Tag Archiveseconomics

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Downgrades may lead to desperation and dishonesty

First Standard & Poor, now Fitch have rated the South African economy “junk” with huge ramifications for South African citizens, with the poorest of the poor being the worst affected. (more…)

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Arthur Kamp Investment Economist at Sanlam Investments1

Sanguine US Fed waits on Republican fiscal policy decisions

The US Federal Reserve’s decision on 15 March 2017 to increase the target range for the federal funds rate by 0.25% to 0.75-1.0% was widely anticipated. (more…)

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American flag

US Fed announces 0.25% rate hike

By Tumisho Grater, economic strategist, Novare Actuaries & Consultants   As expected, the U.S. Federal Reserve raised its target rate by 0.25% to a range of 0.75% to 1%. The Fed stated that “the labour market has continued to strengthen and that economic activity has continued to expand at a moderate pace.” The Fed noted […]

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Paul Makube

Agriculture on its way out of the red

Agriculture is not out of the woods yet, but it is on its way out of the red and back into the positive. This is according to Paul Makube, Senior Agricultural Economist at FNB Business. (more…)

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Prof Raymond Parsons

GDP figures ‘send a strong warning’

The latest weak growth figures send a strong warning about the economy, says North West University School of Business and Governance Economist, Professor Raymond Parsons. (more…)

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gdp

GDP: Worst of the growth cycle is now behind us

By Jason Muscat, FNB Senior Economic Analyst. 2016 GDP printed slightly below our 0.4% expectation, registering 0.3%. Growth in 4Q16 contracted –0.3% q/q saa, slightly less than we had anticipated. It was again the primary sector (agriculture and mining) that held the economy back. Agriculture shrank –7.8% for the year, while mining contracted –4.7%, shaving […]

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Finance Minister Pravin Gordhan

2017 Budget to be a difficult balancing act for Minister Gordhan

By Tumisho Grater, Economic Strategist at Novare. The main question surrounding the upcoming National Budget is how the Minister plans to fill the budget deficit. Some of the possible revenue streams for this include fuel levies, increased sin taxes and possible wealth tax. Questions remain around corporate tax, given that there is usually a lag […]

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Paul Makube

Waging war on the armyworm

After confirmation by the Department of Agriculture, Forestry and Fisheries (DAFF) that the recent pest infestation is in fact the fall armyworm, concerns have been raised around what the impact could be on the South African economy, says Paul Makube, Senior Agricultural Economist at FNB Business. (more…)

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