Tag: cuts
Why South Africa can cut rates this week
For all its economic troubles, South Africa has managed to keep inflation within its central bank’s target band.
The latest numbers on Wednesday confirmed this. As the following graphic shows,...
South Africa’s Implats in talks that could lead to 2,500 job cuts
South Africa’s Impala Platinum has started talks with the government and unions that could see up to 2,500 workers laid-off at its Rustenburg operations west of Johannesburg, the company said on...
Rand unlikely to weaken further on rate cuts
Although the rand briefly weakened on the back of the surprise interest rate cut last week, it does not mean the currency will persistently weaken, say Dave Mohr and Izak Odendaal,...
LAST 7 DAYS
Xenophobic Violence
[youtube https://www.youtube.com/watch?v=ma73FHuut5k]
In South Africa, racial tensions have been running high in recent months. Riots and lootings against foreign nationals have been ramping up across...
