insert_link Business / Economics In S.A, Financial Stability Review Highlights Growing Strain on Households S.A's Reserve Bank's latest Financial Stability Review reveals growing financial stress among households and small-to-medium enterprises. High interest rates, ageing global conflicts, infrastructure failures, and South Africa's graylist status contribute to the strain. Reserve Bank’s head of financial stability department Nicola Brink, says non-performing loans surged from 257-billion-rand in March 2023 to 304-billion-rand in July 2024: today2 December, 2024
insert_link South Africa EFF has welcomed the consumer price inflation figures released by Statistics South Africa In S.A, the EFF has welcomed the consumer price inflation figures released by Statistics South Africa, indicating a further decline from 4.4-percent in August to 3.8-percent in September. This marks the lowest inflation rate since March 2021. The EFF’s, Leigh-Ann Mathys, says this confirms the inflationary pressures faced by the country are not demand-driven, but a result of economic and global challenges that require a different monetary policy approach: Meanwhile, […] today24 October, 2024
insert_link South Africa SA’s Kganyago praises late Mboweni’s policy contributions South Africa’s Reserve Bank Governor Lesetja Kganyago has praised former Finance Minister Tito Mboweni for his contribution to policy-making. Mboweni, who was the first black central bank governor of South Africa, died over the weekend after a short illness and served as the Reserve Bank governor between 1999 and 2009. He gained a reputation for being principled and ready to debate issues openly. More recently, as finance minister […] today15 October, 2024
insert_link Business / Economics Economist weighs in on Bank of Namibia’s policy alignment Following calls for increased inclusivity in the Monetary Policy Committee of the South African Reserve Bank, we reached out to Cirrus Capital Economist, Robert McGregor for his take. today1 February, 2024
