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The road less travelled – swift action needed to prevent SA’s slide towards ‘rocky road’ economy

13 August 2015 | General

Government and business have their work cut out to prevent South Africa from sliding towards a ‘rocky road’ scenario. This is the worst of four ‘future’ economic outcomes for the country, as described by Dr Frans Cronje, CEO of the South African Institute of Race Relations (IRR), at the second annual i3 Summit hosted by Sanlam Investments and Glacier by Sanlam in Johannesburg this week.

Economic comment – manufacturing recession bodes ill

12 August 2015 | General

“Rulers have no authority from God to do mischief,” Jonathan Mayhew (1720 – 1766)

Economic prospects

03 August 2015 | General

Is there any viable catalyst that can lift the immediate and medium-term growth prospects out of the moribund 2% that appears to be in the offing? Indeed one may well ask whether even this mediocre target is in fact attainable in the current environment. Similarly, hopefully this year will not be referred to as ‘2013’ or R20/£ and R13/$, because this may invoke sharply higher interest rates.

SA Reserve Bank follows through on its promise

24 July 2015 | General

The South African Reserve Bank’s Monetary Policy Committee (MPC) followed through today on previous forward guidance and hiked its repo rate by 25bps.

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