HomeHome SearchSearch MenuMenu Our productsOur products

Economy

  • The rand rallies on the back of an interest rate hike
  • Yesterday, the South African Reserve Bank hiked interest rates 0.25% amid worries over inflation. The news came as a bit of a surprise as the majority of economists thought the central bank would leave rates unchanged. The rand reacted positively to the news, clawing back some of its recent losses. Let's take a closer look… The rand strengthens on news of an interest rate hike  ... ››› more
  • [20 November 2015]
  • The Reserve Bank hikes interest rates 0.25%
  • Earlier today, the Reserve Bank's monetary policy committee revealed that it was hiking interest rates. This comes as the majority of economists seemed to believe that the bank would hold off hiking rates for the moment. Let's take a closer look at the Reserve Bank's decision…   An interest rate hike takes prime to 9.75%   This afternoon, the governor of the Reserve Bank, ... ››› more
  • [19 November 2015]
  • Will the Reserve Bank hike interest rates this afternoon?
  • This afternoon, the Reserve Bank will give a statement following the central bank's monetary policy committee meeting. The main concern will be whether the committee decides to hike rates or not. Let's take a closer look at what could be on the cards… Will the Reserve Bank hike interest rates 0.25%?   There is a growing consensus that the Reserve Bank will hike interest rate... ››› more
  • [19 November 2015]
  • Retail sales remain subdued as consumers continue to struggle
  • Today, Stats SA released its retail sales data for September. Growth in sales fell. With consumers feeling the strain, this data may provide further reason for the Reserve Bank to keep interest rates unchanged tomorrow. Let's take a closer look at what the data revealed… Retail sales dipped in September   Stats SA reported that retail sales growth fell to 2.7% in September, ... ››› more
  • [18 November 2015]
  • Consumer inflation ticks higher in line with expectations
  • Earlier today, Stats SA released its consumer inflation data for October, as measured by the consumer price index (CPI). Over the period, inflation rose slightly. Let's take a closer look at what the data revealed… Consumer inflation comes in at 4.7% for October   On a year-on-year basis, consumer inflation rose 0.1% from September to 4.7% in October, reports Fin24. On a mon... ››› more
  • [18 November 2015]
  • The weak rand and drought are bad news for food prices
  • The rand has continued weaker this year. While this in itself has inflationary consequences, it could get worse for consumers. This as the drought affecting much of the country means food prices are set to rise and importing food will be more expensive because of the weak currency. Let's take a closer look… Food imports mean rising food prices   Grain SA has warned that food... ››› more
  • [12 November 2015]
  • Why penny stocks can still thrive during tough economic times
  • Penny stocks are the smallest companies on the stock market. These small companies have the potential to reward investors with breath-taking gains. But when the economy isn't doing too well, is it a good idea to ignore these stocks? Or should you embrace them? Let's take a look… The relationship between penny stocks and the economy   Historically, penny stocks have outperfor... ››› more
  • [11 November 2015]
  • The rand takes a knock on the prospect of a US interest rate hike next month
  • This week, the rand has continued to weaken. A stronger dollar is putting hefty pressure on the local currency. Not helping matters was US Federal Reserve chairwoman Janet Yellen's comments last night about the likelihood of an interest rate hike in the world's largest economy next month. So why is this such bad news for the rand? Let's take a closer look… The dollar’s strength ... ››› more
  • [05 November 2015]
  • Poorer than expected US GDP data gives the rand some respite, for now…
  • Since the medium-term budget, the rand has been under immense pressure. With the US Federal Reserve indicating on Wednesday that an interest rate hike is on the cards in December, the rand faced renewed headwinds. But with data out of the US yesterday showing weaker than expected economic growth, the rand has clawed back some of its losses. Let's take a closer look… The rand bene... ››› more
  • [30 October 2015]
  • A US interest rate hike is off the cards for now, but it could be just two months away
  • Yet again, after much speculation, the US Federal Open Market Committee decided to keep interest rates unchanged. But the committee hinted that a hike could happen at its next meeting in December. Let's take a closer look… The Fed surprised the market with hints of an interest rate hike in December Going with overall consensus, the Fed kept interest rates the same, reports BDLive.... ››› more
  • [29 October 2015]
  • The South African rate of unemployment edges higher
  • This morning, Stats SA released its unemployment figures for the third quarter of the year. The rate rose from the second quarter. The rise in the number out of work coincides with an economy struggling to grow. Let's take a closer look… Unemployment rises to 25.5% The rate of unemployment in South Africa has risen 0.5% to 25.5% from July to September, reports Fin24. Whilst the ra... ››› more
  • [27 October 2015]
  • Revision to visa regulations applauded after drop in tourism
  • At the beginning of the month, the release of tourism data showed that the new visa regulations the South African government imposed were taking their toll. This led the tourism industry to ask the government to remove the new regulations as numbers showed they were having a big impact on the number of tourists visiting SA. Not good news for an economy already under pressure. The governme... ››› more
  • [26 October 2015]
  • Is a credit rating downgrade looming for SA?
  • Last week when the finance minister gave his medium-term budget speech, the rand fell sharply. The contents of Nhlanhla Nene's mini budget along with the student protests going on outside parliament were not good news for the country's currency or for its credit ratings. Now there seems to be the very real possibility of a credit downgrade. Let's take a closer look… SA’s credit ... ››› more
  • [26 October 2015]
  • The rand recoups some of its mini budget losses, but risks remain
  • Following the finance minister's medium-term budget address, the rand fell nearly 2%. Two days later and the currency is looking slightly stronger, but it's underperforming other emerging market currencies and could weaken again. Yesterday, the South African Reserve Bank said it may step in if the rand starts to put rising pressure on inflation. Let's take a closer look at what's going on... ››› more
  • [23 October 2015]
  • What yesterday's mini budget means for South Africa
  • Finance minister Nhlanhla Nene had to delay his medium-term budget yesterday as student protests outside of parliament took centre stage. The rand fell sharply from the beginning of the mini budget until Nene had finished his address. And now there's the stark reality of South Africa's credit rating being at risk of further downgrades. Let's take a closer look at what's going on… ... ››› more
  • [22 October 2015]
  • Why the mini budget sent the rand nearly 2% weaker
  • Yesterday, finance minister Nhlanhla Nene gave his medium-term budget address. From the time he began his speech to the end of it, the rand lost almost 2% against the dollar. So why did the currency react so badly? Let's take a closer look… The rand weakened sharply The rand weakened “from R13.27 against the dollar before the mini budget to R13.52 shortly” afterwards, repor... ››› more
  • [22 October 2015]
  • What Nene revealed in his medium-term budget
  • Today saw finance minister Nhlanhla Nene give his medium-term budget. Whilst he didn't drop in any surprises, he did say that the Treasury would be looking at ways to increase tax revenues. Let's take a closer look… South African economic growth should start rising next year Last year, the Treasury introduced a number of austerity measures to cut back spending, reports Fin24. Nene... ››› more
  • [21 October 2015]
  • No change to consumer inflation in September
  • Earlier today, Stats SA released its consumer inflation data for last month. The key economic indicator, as measured by the consumer price index (CPI), showed no change from August. Let's take a closer look… Consumer inflation remains at 4.6% South Africa’s rate of consumer inflation remained unchanged at 4.6% last month on a year-on-year basis, reports IOL. But looking at the ... ››› more
  • [21 October 2015]
  • Shoprite's share price bears the brunt of the knock on effects of an economic slowdown
  • Yesterday, Shoprite Holdings released its operational update for the three months to the end of September. The retailer showed a much lower rate in turnover growth in comparison to the same period last year. Shares paid the price on the Johannesburg Stock Exchange yesterday. And today shares continue their slide. Let's take a closer look at what's going on… Yesterday Shoprite shares ... ››› more
  • [20 October 2015]
Page: « 1 2 3 4 5 6 7 8 9 »


Trending Topics