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Category: BNP Paribas

June 24, 2022 Banking, BNP Paribas, Headline 0

South Africa faces a ‘frightening’ month – but it will get better: Nedbank

After this week’s CPI figures surprised towards the upside, Nedbank now forecasts that South Africa’s inflation is forecast to increase to over 7% in June. In a research note on Wednesday (22 June), the bank noted that petrol prices rose by...

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June 22, 2022 BNP Paribas, Finance, Headline 0

Here’s how much grocery shopping, petrol and electricity now costs in South Africa – compared to a year ago

Consumer prices in South Africa are skyrocketing due to a perfect storm of Covid restrictions, the Ukraine war, logistics issues and a Chinese economic slowdown.

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March 25, 2022 Banking, BNP Paribas, FNB, Headline, Nedbank 0

Bigger interest rate hikes are coming: economist

The South African Reserve Bank's (SARB's) decision to hike interest rates by 25 basis points to 4.25% on Thursday (24 march) came as little surprise, but commentary surrounding the increase indicates that steeper hikes could be on the way, says…

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February 24, 2022 BNP Paribas, Finance, Headline, Lew Geffen Sotheby’s, Momentum Investments, OUTA, Pam Golding, Seeff, Webber Wenzel 0

South Africa takes a step back from the fiscal cliff

There is cautious optimism that South Africa’s fiscal picture is improving after finance minister Enoch Godongwana delivered his maiden budget speech on Wednesday.

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January 15, 2022 BNP Paribas, Government, Headline 0

South Africa is entering an age of uncertainty: analyst

Democratic South Africa's political path has been relatively easy to navigate, up until November 2021, says BNP Paribas analyst Nic Borain. However, the significant upset for the ANC in the 2021 local elections has brought even the surest of bets…

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January 13, 2022 BNP Paribas, Energy, Headline 0

Expect another record year of load shedding in South Africa: economists

As South Africa appears to be leaving the worst of the Covid-19 pandemic behind it, much of the focus this year will be on getting the economic basics right. However, this could prove difficult given the country's widening energy supply…

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January 13, 2022 BNP Paribas, Headline, Lifestyle 0

Economists on the future of lockdown in South Africa

The South African government will face significant hurdles should it plan to introduce tighter lockdown restrictions going forward, say economists at investment bank BNP Paribas.

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December 1, 2021 BNP Paribas, Finance, Headline, UBS AG 0

South Africa already facing mounting challenges heading into 2022

Asset Management group BNP Paribas says it expects higher inflation and lower growth to pose challenges for South Africa’s economy in 2022.

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