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Interest rates commentary - Chief Economist at Old Mutual Investment Group

22 September 2016 | General

Commentary from Rian le Roux, Chief Economist at Old Mutual Investment Group, on the Reserve Bank’s decision to keep interest rates unchanged following the monetary policy committee (MPC) meeting this week:

Interest rate unchanged amid improving inflation outlook, an improved current account deficit, and a strengthening rand

22 September 2016 | General

The South African Reserve Bank (SARB) was entirely predictable in its decision not to hike interest rates at its September meeting. In one of its easier decisions, the South African Reserve Bank (SARB) left short-term interest rates on hold at 7% at its September MPC meeting.

Africa’s overall growth has slowed but new research shows long-term fundamentals are strong and there are big business opportunities ahead.

16 September 2016 | General

Six years ago when the McKinsey Global Institute first looked in detail at Africa’s diverse economies, almost all of them were experiencing accelerating growth.The picture today is more mixed. MGI’s new report Lions on the move II: Realizing the potential of Africa’s economies finds that Africa’s economies’ growth paths have diverged.