Explore the Category
The Monetary Policy Committee (MPC) decided to decrease the repo rate by 25 basis points to 3.50%. This was a split vote within the committee with three members voting for the rate cut and two members voting for no change in the short-term interest rate.
A sharp fall in the rate of consumer price inflation has defanged what was initially paraded as “aggressive” monetary policy action intended to stimulate the floundering economy.
The South African economy has faced challenges in the recent times with Gross Domestic Product (GDP) declining by 2% quarter on quarter (q/q) in 1Q20. This comes after South Africa recorded contractions of 1.4% and 0.8% in the two preceding quarters respectively.
Experian South Africa today released its quarterly Business Debt Index (BDI) for quarter one (Q1) 2020.
What can retirement funds do to improve client-adviser engagement during members’ employment years?