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Political instability knocks SA business confidence in Q2 2017 - Grant Thornton IBR

Political instability knocks SA business confidence in Q2 2017 - Grant Thornton IBR

27 July 2017

As the rest of the world records new quarterly highs in business optimism, combined with improvements in revenue and profitability expectations, South Africa’s political turbulence has knocked business executives into a pessimistic outlook for the nation’s economy over the next 12 months.

BankservAfrica’s BDSI shows real-take home salaries improve in June

BankservAfrica’s BDSI shows real-take home salaries improve in June

26 July 2017

Improvements in the last four months suggest turnaround for shrinking wage trend.

Too early for lower interest rates?

Too early for lower interest rates?

19 July 2017

In recent official statements by the Monetary Policy Committee (MPC), the South African Reserve Bank (SARB) has been sending some cautiously positive signals about interest rates. SARB Governor Lesetja Kganyago repeatedly noted that a more accommodative monetary policy stance is possible if inflation continues to surprise on the downside and inflation expectations settle sustainable within the target range of 3% - 6%. The SARB said in May it expects inflation to average around 5.5% towards the end of 2017, although various risks to the upside remain in an environment beset by high levels of uncertainty. Softer food prices, exchange rate resilience and lacklustre consumption spending will likely feature this week, as the MPC meets to balance the risks of a possible interest rate cut.

Urgent confidence recovery vital for SA to avoid deep structural decline

Urgent confidence recovery vital for SA to avoid deep structural decline

13 July 2017

In the absence of a material recovery in business, investor and consumer confidence, South Africa is at risk of getting trapped in a protracted period of weak economic growth and further social and fiscal pressures. This is according to Old Mutual Investment Group Economic Strategist, Rian Le Roux, who points to the IMF’s recent call for government to, as a short term priority, reassure businesspeople and consumers over the future direction of policies.

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BankservAfrica’s BETI picks up in June

BankservAfrica’s BETI picks up in June

13 July 2017
How does a weakening rand affect me?

How does a weakening rand affect me?

11 July 2017
Stagnant economy drives South Africans to work multiple jobs and become entrepreneurs

Stagnant economy drives South Africans to work multiple jobs and become entrepreneurs

05 July 2017
South Africa slips into technical recession

South Africa slips into technical recession

12 June 2017
Technical recession indicates SARB is behind the curve on rate cuts

Technical recession indicates SARB is behind the curve on rate cuts

07 June 2017
SA in recession as widespread economic weakness overwhelms boon of agriculture & mining sector

SA in recession as widespread economic weakness overwhelms boon of agriculture & mining sector

07 June 2017
Forget about technicalities: South Africa has been in a recession for the past few years already

Forget about technicalities: South Africa has been in a recession for the past few years already

06 June 2017
South Africa ratings affirmed; Outlook remains negative

South Africa ratings affirmed; Outlook remains negative

05 June 2017