October 17, 2017

MoneyWeb – Economy

MoneyWeb – Economy

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Sarb cautious about more rate cuts – deputy governor

The South African Reserve Bank (SARB) is taking a cautious approach to monetary policy as risks to the inflation outlook are on the upside, deputy governor Daniel Mminele said. “Amid such elevated uncertainties, and despite the subdued nature of domestic demand, it is not clear how much space exists, if at all, for additional policy

Brazil vs SA: Accountability boosts returns

Markets rewarded Brazilian government and citizens for actions taken to deal with corruption among other issues, says expert.

What global finance chiefs are saying about the global economy

Don’t celebrate too soon.

South Africa to woo investors at IMF meetings

Gigaba looks to convince investors, rating agencies that economy is on the mend.

S&P labels threats to Sarb independence rhetoric

Muted tax revenue and contingent liabilities a risk to sovereign rating.

Consumers default on R13.45 billion in debt in 3 months

Defaults in vehicle loan payments deteriorate year-on-year.

Ramaphosa can turn the SA ship around – Gordhan

But those who risk losing influence won’t give up easily, former finance minister warns.

Sarb deputy governor sees risk of more ratings downgrades

Adds that SA's woes are almost completely due to domestic factors.

World economic growth improving, even as US, UK potential slows – IMF

Pickup in trade, investment, and consumer confidence boosts growth.

Global economy full speed ahead, mind the inequality – IMF

Some of the growth strugglers can be found in Africa: Nigeria and South Africa have only just crawled out of recession and could still be teetering.

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