Investments / Economy

MTBPS: Finance minister caught between rock and hard place as revenue weakness persists and spending pressures mount

Since the 2022 Medium-term Budget Policy Statement (MTBPS), it had become clear to us that National Treasury’s budgetary projections for revenues were too optimistic.

Economies at a glance September 2023: Summit of the Group of 20

Fed keeps rates steady, but expects policy to be tighter for longer

Consumer resilience has made US economy stronger than anticipated, but any rate cuts in 2024 are likely to be modest.

Glass half full

The last few weeks have seen mixed news on the South African economy. As usual there is a lot to worry about, but there are also reasons to be a bit more upbeat. Is the glass half full or half empty?