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Tag: MPC

SARB keeps rate on hold on well-anchored inflation expectations

The MPC unanimously decided to keep the policy rate unchanged at a historic low 3.5%, in line with expectations. Well anchored inflation expectations supported the decision. The SARB revised its inflation forecast...

MPC interest rate decision

Jacques du Toit, Property Analyst at Absa Home Loans   Interest rates unchanged:    Based on a number of economic and interest rate-related factors, the Reserve Bank’s Monetary Policy Committee (MPC) decided to leave the...

Rockwell Automation improves user experience with new PlantPAx system release

PlantPAx modern DCS integrates new enabling technologies to improve automation productivity and enhance plant-wide process control The latest release of the PlantPAx modern distributed control system (DCS) from Rockwell Automation...

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WEG Africa pioneers local manufacture of MV softstarters in SA

WEG Africa has become the first OEM to produce medium voltage (MV) softstarters in South Africa, reducing lead times for customers and supporting the...

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