While many businesses and households have found ways to cope with the lower stages of load shedding, beyond stage 2, the negative impact on the economy amplifies with each additional stage, say economists at the Bureau for Economic Research (BER).
South Africa has largely adapted to stage 2 load shedding, say economists at the Bureau for Economic Research (BER), but beyond these levels, households, businesses, and the economy at large simply cannot cope.
As South Africa faces a week of extended stage 4 load shedding, there is some good news on the electricity generation front, as Eskom has announced several winning bids for independent power producers (IPPs), say economists at the Bureau of…
South Africa's higher-than-expected inflation data in June points to a further interest rate hike in July, but there is still some uncertainty about how much the central bank will hike by.
The US Federal Reserve's decision to hike interest rates by 75bp on Thursday reinforces the likelihood of higher rate hikes in South Africa, says Investec chief economist Annabel Bishop.
South Africa's most important economic release this week will be the consumer inflation (CPI) print by Statistics South Africa on Wednesday (22 June), say economists at the Bureau for Economic Research (BER).
The liquidation of Comair is having a notable impact on South Africa's domestic travel market in the coming months, says economists at the Bureau for Economic Research (BER).
South Africa is likely to see another interest rate hike next week, although the increase could be larger than previously forecast, say economists at the Bureau for Economic Research (BER).
Economists from the Bureau of Economic Research say that South Africa is on the brink of a fifth wave of Covid-19, but said chances of lockdown returning are low.
A stronger rand exchange rate and the government's decision to intervene on higher costs means South Africa's 'record' petrol price hike this week will be comparatively muted, say economists at the Bureau for Economic Research (BER).
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