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SA economy sluggish, US economy waddles on

08 April 2015

Consumer price inflation (CPI) slowed to 3.9% for the year to February 2015 from 4.4% in January 2015. This largely reflected a sharp fall in petrol prices. Despite this, core inflation remained sticky at 5.8% in February 2015.

SA consumers still better off than last year, despite significant fuel hikes

07 April 2015

The petrol price increase of over R1.60 per litre on 1 April has left many consumers concerned about increasing pressure on their pockets. However, the hike is not necessarily the harbinger of doom for South African interest rates, or the 2015 economy as a whole, with the current petrol price still R1.50/litre lower than the peak of last year.

Economic commentary: SARB monetary policy statement by Arthur Kamp Investment Economist at Sanlam Investments

27 March 2015

The South African Reserve Bank’s Monetary Policy Committee (MPC) sketched a bleak picture for the South African economy when it released its Monetary Policy Statement at the conclusion of its March 2015 meeting. While growth remains a concern amidst weak private sector fixed investment, stalling employment growth and constraints on consumer spending (partly due to the impact of tax hikes), the Committee stressed the upside risk to the inflation outlook.

Disposable salary increases outpace inflation for six months running

25 March 2015

The take-home pay of employees saw a substantial increase - the largest in five months - of 8.9% in February over the last year, according to the regular BankservAfrica Disposable Salary Index (BDSI). When taking inflation into account the increase was 4.8%. This indicates that employees in the formal sector are still getting disposable salary increases that have outpaced inflation for six months in a row.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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