Investec Bank will have a new CEO from April next year.
Economists at Absa have warned that changing weather conditions and trade pressures could lead to further price increases.
The rand has taken a beating, pushing above R19 to the dollar once again.
The rand crashed past R19 to the dollar on Wednesday, and remains on the back foot in a tougher global market.
Although CPI is expected to drop in July, Investec's Annabel Bishop says climate change could hurt South African purse strings in the near future.
Investec Chief Economist Annabel Bishop says the rand has made some serious gains - and could extend them in the coming months.
South Africa is underestimating the impact of its ties to Russia, economists say - and the country is risking much by deepening them.
Economists believe that South Africa's interest rate hike cycle has ended - and now attention is turning to when the SARB will start cutting.
A stronger rand is supporting lower fuel prices in South Africa - but not enough to counter rising oil prices.
South Africa's better-than-expected inflation numbers have flipped the script on this week's interest rate expectations.