Economy

Repo rate to rise in March but panel divided on when the rate will peak

Households must adapt their finances in the face of rising interest rates

In a move to curb inflation and maintain economic stability, the world has been thrust into a significant interest rate increase cycle in recent years.

FNB/BER Consumer Confidence Index

No respite for consumers as food inflation accelerates further in February 2023

Statistic South Africa’s latest update on the country’s headline inflation accelerated to 7% y/y in February 2023 underpinned food and non-alcoholic beverages, housing and utilities, transport, and miscellaneous goods and services.