Investments / Economy

Preview of the 2024 Medium-Term budget policy statement: fiscal consolidation and growth expectations

As South Africa awaits the 2024 Medium-Term Budget Policy Statement (MTBPS), there is cautious optimism about the country's economic trajectory. The recent shifts in fiscal strategy, driven by ongoing reforms and an improved political landscape, signal that we are edging closer to a new phase of stability and growth.

A snapshot of the world economy in October 2024

Monetary Policy Review: Cautious global rate cutting cycle

Rate cuts – All the more reason to shop around while corporates await the GNU Economic Growth Plan

The South African Reserve Bank has provided a clear indication that the downward interest rate cycle has begun. While this brings much-needed relief to consumers, the country’s business community must act quickly to ensure the interest they earn on their large cash piles is not eroded.