Economy / General

Unchanged rates decision expected to be mildly positive for commercial property and mortgage demand

Today’s unchanged repo rate decision was as expected by FNB. This means that the SARB has kept interest rates unchanged since May 2023, after a prior 475 basis point hiking cycle starting late 2021.

MPC reaction from EY's Africa Chief Economist, only mild easing expected in H2

PPS Investments: CPI for December 2023

Consumer price inflation cooled in December, to 5.1% year-on-year, compared to 5.5% in November. Inflation remains above the July trough of 4.7%, but still within the SARB’s target band. Analysts expected CPI to trend lower towards the mind-point over the course of 2024.

South African companies can turn short-term crises in 2024 into opportunities for creating business value and societal impact