Tag ArchivesSA economy

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A volatile rand

The rand has seen marked volatility this year, starting 2014 at R11.55/USD and weakening to R12.49/USD, with retracement to R11.35/USD in Q1 2015, but mainly recording losses against the US dollar. This is according to Investec economist Annabel Bishop. The weakest rand/US dollar exchange rate was reached in 2001 – R13.75. Bishop says that investors […]

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SA economy at the brink as 2015 strike season looms

As this year’s wage negotiation season gets underway, an expert warns that another round of destructive wage disputes will have a crippling impact from which job creation, workers themselves, and the economy will not recover soon. This comes after South Africa fared very poorly in terms of labour/employer co-operation, flexibility of wage setting and hiring […]

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Tone of MPC key to rate expectations

By Nazmeera Moola, economist and strategist, Investec Asset Management Ahead of the South African Reserve Bank’s (SARB) first monetary policy committee (MPC) meeting of the year, the debate is unlikely to focus on a change in interest rates. The big conundrum for the committee is rather going to be the tone they take in this […]

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Davos, Africa and South Africa

By Mark Appleton – Strategist, Ashburton Investments With more than 2500 of the world’s top leaders including heads of state, central bankers and representatives from most of the world’s top companies Davos remains the premier conference for making contacts and incubating ideas. It certainly remains relevant from an African and South African perspective. So what […]

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Tough times ahead for SA Inc, but it’s better than 2014

By Adrian Saville, CIO of Cannon Asset Managers Over the last twenty years, the single biggest determinant of South Africa’s economic growth has been global growth. Given that South Africa is a small, open economy, this should come as little surprise. However, what this means is that to form an understanding of where the SA […]

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Listed property shows outstanding performance, despite challenging macro environment

The listed property sector continues to show significant outperformance, despite property funds operating in a challenging environment. However, this degree of relative outperformance is not sustainable. This is according to Evan Robins, Listed Property Manager for Old Mutual Investment Group’s MacroSolutions boutique, who says that current economic headwinds are likely to dampen but not derail […]

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How to kickstart the SA economy – it’s easier than you think

Adrian Saville, CIO of Cannon Asset Managers, looks at ways to boost the South African economy. It’s no secret that the South African economy is growing at rates well below its potential. What is perhaps less well understood is that there are some quick wins which could kick-start the economy, yielding swift results. And from […]

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Economic update

From Old Mutual Wealth Rate hikes still loom It was a busy week for central bank watchers. The US monetary policy body, the Federal Open Markets Committee (FOMC) reduced its monthly bond-buying programme by another $10 billion, and is set to completely end this programme by October. At that point its balance sheet will have […]

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