HomeHome SearchSearch MenuMenu Our productsOur products

Economy

  • The rand picks up but remains vulnerable to offshore developments
  • Last week saw the rand plummeting as worries over growth in China's economy hit global markets, but the local currency has managed to settle down this week. But risks still remain that could send the rand weaker again. Let's take a closer look at what's going on… The rand has pulled back some of last week’s losses Yesterday, the rand benefitted from some weakness in the dollar, ... ››› more
  • [01 September 2015]
  • Despite the rand's tumble, the petrol price is dropping again on Wednesday
  • On 2 September, motorists can look forward to paying less at the pumps for both petrol and diesel. This brings the second consecutive month of cuts to the petrol price. So what is behind a drop in the price of petrol and other fuels? Let's take a closer look… The petrol price will fall by 69c a litre On Friday, the Department of Energy revealed that from Wednesday, the petrol p... ››› more
  • [31 August 2015]
  • Delving into economic policy: Why SA follows an inflation targeting strategy
  • Each month when Stats SA releases its consumer inflation data for the month, one of the comparisons made is where the rate sits with the Reserve Bank's inflation target. The South African Reserve Bank has an inflation target of between 3% and 6%. So what exactly is inflation targeting? And what are the benefits of following such a policy? Let's take a closer look… What is inflatio... ››› more
  • [28 August 2015]
  • Stocks rally and oil soars over 9% as US economic growth beat expectations
  • Yesterday afternoon, the US Commerce Department revealed that the US economy has grown over 1% more than first thought during the second quarter of this year. This led to stocks rallying in Europe and the US, and the oil price going through the roof. The upbeat data could give the US Federal Reserve enough reason to hike interest rates this year. Let's take a closer look… US GDP c... ››› more
  • [28 August 2015]
  • Producer inflation eases unexpectedly in July
  • Yesterday, Stats SA released its producer inflation data for July. The producer price index (PPI) fell year-on-year in comparison with June's figures. Economists were expecting a rise in producer inflation. Let's take a closer look at what the data showed… Producer inflation dipped to 3.3% Stats SA revealed that producer inflation fell to 3.3% last month, down from the 3.7% report... ››› more
  • [28 August 2015]
  • The rand bounces stronger as markets recover
  • After plunging at the start of the week, the rand has managed to recover to trade close to R13 to the dollar. On Monday, chaos struck global markets. This sent the local currency reeling, but the worries over China's economy seem to be abating for now. Let's take a closer look at what's going on… Worries about China remain, but the rand could strengthen further This morning, the ... ››› more
  • [27 August 2015]
  • GDP comes in far worse than expected signalling trouble for the SA economy
  • Earlier today, Stats SA released its gross domestic product (GDP) data for the second quarter of the year. The data surprised showing a sharp contraction despite economists expecting the economy to have grown during the three months. So what's to blame for the slump? Read on to find out more… The South African economy contracts 1.3% GDP data showed that the “economy contracte... ››› more
  • [25 August 2015]
  • Global stock markets plunge as panic sets in over China
  • Since the markets in the Middle East opened yesterday, global stock markets have been going in one direction: Sharply down. Investors are selling off holdings as concerns grow over what lies in store for the Chinese economy. This morning, Asian stock markets closed down in excess of 5%. So what is all the panic about? Let's take a closer look… Asian stock markets fell hard A... ››› more
  • [24 August 2015]
  • The rand plunges to a record low as financial markets worry over growth in China
  • This morning, the rand fell sharply against the dollar. At one stage it traded through R14. The latest bout of weakness for the local currency comes as concerns continue to mount over growth in China, the world's second largest economy. This has knocked commodities down and led to large drops in global stock markets. Let's take a closer look at what's going on… The rand hits R14 t... ››› more
  • [24 August 2015]
  • The rand retreats but remains under pressure after breaching R13/$
  • Yesterday, the rand fell to a level not seen since December 2001. The local currency traded through R13/$. The rand has pulled back slightly, but remains under severe pressure as China continues to show signs of a slowdown. If the US Federal Reserve puts off a hike in interest rates, it may help the local unit out over the longer term. Let's take a closer look at what's going on and what ... ››› more
  • [21 August 2015]
  • The rand is almost touching R13 to the dollar
  • The rand has weakened yet again, taking it to sit just off R13 to the greenback. Any move weaker will see it breach the key level. So what's behind this latest depreciation in the rand? Let's take a closer look… The rand bounced then fell again The rand came under pressure this morning following signs of strength in the currency last night. Last night, minutes from the latest ... ››› more
  • [20 August 2015]
  • Why South Africa ranks as the 11th riskiest place in the world to invest
  • The Bank of America Merrill Lynch recently published new data that ranks countries according to how risky they are. The ranking comes from how likely it is that a country will default on its sovereign debt. South Africa ranks just outside the top ten. Let's take a closer look at what this means for SA… The risk of defaulting on sovereign debt Bank of America Merrill Lynch’s ... ››› more
  • [19 August 2015]
  • Consumer inflation climbs to 5% in July
  • Earlier today, Stats SA released its data for consumer inflation for July. The data showed consumer inflation came in higher and was in line with expectations. So what is putting pressure on inflation? Read on to find out… Consumer inflation climbed 0.3% Consumer inflation, as measured by the consumer price index (CPI), “accelerated to 5%” year-on-year, reports MoneyWeb. This ... ››› more
  • [19 August 2015]
  • The rand eyes R13 to the dollar as this week's rout continues
  • This week has certainly been a tough one for the rand. The local currency has been under fire thanks to developments in China and the US. So how much has the rand fallen? And why is it under so much pressure? Let's take a closer look… The rand is down nearly 2% this week This morning, the rand has fallen to new “14 year lows against the dollar,” says IOL. It’s now trading at... ››› more
  • [14 August 2015]
  • In the face of uncertainty Greece surprises by growing its economy 0.8%
  • Earlier today, Greece surprised the markets by posting economic growth of 0.8% for the second quarter of this year. Analysts expected a contraction in economic growth over the period. Let's take a closer look… Greece reports economic growth against the odds The Greek “economy unexpectedly returned to growth in the second quarter despite political turmoil” and the chance of an ... ››› more
  • [13 August 2015]
  • The rand claws back after China's surprise devaluation of the yuan
  • The rand hit 14 year lows against the dollar this week following China's shock decision to devalue its currency in a bid to boost its export market. The step by the Chinese central bank led the rand along with other emerging market currencies to weaken sharply. It also led to sharp falls in global stock markets. But today, after reassurances from the People's Bank of China, the rand has mana... ››› more
  • [13 August 2015]
  • The rand slides as China devalues the yuan for a second day
  • The rand has continued to weaken after China devalued the yuan for a second consecutive day. The local currency traded to levels not seen since 2001. Let's take a closer look at what's going on… Today China depreciated the yuan by 1.6% The People’s Bank of China devalued the yuan by “a further 1.6%” today, reports BDLive. This comes a day after the bank devalued the currency... ››› more
  • [12 August 2015]
  • South Africans will have to put up with load shedding until 2017
  • As 2015 continues, South Africans have had to contend with more than their fair share of load shedding. Whilst Eskom battles to get on top of its maintenance programme and bring new power plants online, power cuts have become an unsavoury normality. And it's not going to end anytime soon. Let's take a closer look… South Africans will have to contend with load shedding for another... ››› more
  • [07 August 2015]
  • The rand hits 14 year lows ahead of US jobs data release
  • Yesterday, the rand hit a 14-year low against the dollar and traded through R20 to the pound. The local currency is under severe pressure. So what's going on with the rand? And what does the future hold for the currency? Let's take a closer look… The rand falls sharply This morning, the rand is slightly stronger against the dollar after touching levels not seen since 2001 yeste... ››› more
  • [06 August 2015]
  • Business confidence edges slightly higher in July
  • Earlier today, the South African Chamber of Commerce and Industry (SACCI) released its business confidence data for July. The business confidence index recovered from lows not seen since 1999. So what's behind the small rise? And how can business confidence improve going forward? Let's take a closer look… Business confidence rose to 87.9 The business confidence index (BCI) came... ››› more
  • [05 August 2015]
Page: « 1 2 3 4 5 6 7 8 9 10 11 »


Trending Topics