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How Ramaphosa can turn SA economy around

How Ramaphosa can turn SA economy around

17 September 2018 | General

Disappointing economic growth figures and a sharply weaker rand (since its strong point of about R11.55 to the US dollar in late February this year) have given South Africans a sharp reality check, demonstrating that while Cyril Ramaphosa’s presidency had revitalised the country’s sense of optimism, deep-seated structural economic challenges remain.

Accelerating transport inflation unlikely to trigger SARB action yet

Accelerating transport inflation unlikely to trigger SARB action yet

14 September 2018 | General

Currency weakness amid emerging market turmoil and disappointing domestic growth outcomes are set to feature prominently in this month’s Monetary Policy Committee (MPC) at the South African Reserve Bank (SARB). The three-day MPC meeting from 18 to 20 September will determine a suitable interest rate policy that will keep inflation inside the target range of 3-6% annually, ideally anchored towards the middle of the target range.

Is South Africa the next currency crisis?

Is South Africa the next currency crisis?

14 September 2018 | General

South Africa, famous for Great White sharks, could be the next focus for currency vigilantes.

GDP shocker, and a further drop in agriculture output

GDP shocker, and a further drop in agriculture output

07 September 2018 | General

Following a stellar performance in 2017, South Africa’s agriculture output shrank by massive 29.2% in the 2nd quarter of 2018 and contributed -0.8 of a percentage point to GDP growth. This follows a contraction of 24.2% quarter-on-quarter (q/q) in the 1st quarter 2018. The decline was attributed to a decreased production in fields crops and horticultural products. For field crops, this was not surprising as planted area for 2017/18 for crops that are currently being harvested was cut by 7% year-on-year (y/y) to 6.12 million hectares with the biggest crop, maize, falling by 12% y/y. Further, the decline in planted area was largely due to depressed producer prices on the back of a massive crop of 17.66 million tons of maize in the 2017 harvest. The drop in horticultural products is largely due to the impact of drought in Western Cape where a significant amount of the fruits and vegetables are produced.

quick poll
Question

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

Answer
How will we survive this recession?

How will we survive this recession?

05 September 2018 | General
SA unlikely to grow by more than 1% this year

SA unlikely to grow by more than 1% this year

04 September 2018 | General
Downgrade risk returns as SA enters recession

Downgrade risk returns as SA enters recession

04 September 2018 | General
Bruising fuel hike averted, at least for now

Bruising fuel hike averted, at least for now

04 September 2018 | General
The real losers of Trump’s trade wars are …

The real losers of Trump’s trade wars are …

28 August 2018 | General
We truly live in interesting times

We truly live in interesting times

15 August 2018 | General
The winds of change are slowly blowing

The winds of change are slowly blowing

14 August 2018 | General
PwC focus post interest rate decision

PwC focus post interest rate decision

23 July 2018 | General