Economy

PSG Wealth Commentary: SA's unemployment rate decreased to 34.50%

South Africa’s trade surplus decreases in April due to weaker trading

South Africa’s trade surplus decreased to R15.5bn for April 2022 compared to the surplus of R47.2bn of the previous month. The decline in the surplus came on the back of a sizeable contraction of 19% in exports and a more moderate decline of 3% in imports, resulting in exports of R151.8bn and imports of R136.3bn respectively.

Medium & long-term knock-on effects of the war in Europe on global sectors trends: will there be resilient sectors?

PPS Investments: MPC Commentary

The Monetary Policy Committee (MPC) increased the repo rate by 50 basis points to 4.75%, following on from its prior three 25 basis point hikes since embarking on the current hiking cycle. Four MPC members voted in favour, with one preferring a 25 basis point increase.