Economy / General

Record low inflation: The case for a bold rate cut in South Africa's monetary policy

As anticipation builds for the release of October's Consumer Price Index (CPI) inflation data and the upcoming MPC, the economic landscape is marked by a noteworthy trend of declining inflation throughout the year.

Medium-term budget - A cold shower of reality

Getting on the naughty list is way easier than getting removed

The handful of compliance and legal experts who figured South Africa could exit the global Financial Action Task Force (FATF) naughty list by early 2025 will be sorely disappointed by the latest progress update published by National Treasury (NT). Although significant progress has been made since the country was added to the FATF grey-list in February 2023, much of the 22-item Action Plan remain unaddressed.

The 2024 Medium Term Budget Policy Statement

The Medium Term Budget Policy Statement (MTBPS) had to put in place the policies needed to turn increasing confidence in South Africa into investment opportunities in the economic infrastructure necessary for business growth and job creation. It succeeded.