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