While Finance Minister Tito Mboweni tabled the Budget update, stating the need for fiscal consolidation, fiscal slippage remains an element.
The contraction was smaller in the second quarter, as a number of industries saw a less dire performance… writes Annabel Bishop.
We continue to expect no change in the repo rate for the remainder of the year as consumer price index (CPI) inflation falls, but the Reserve Bank’s stance is hawkish. ...
The US government shutdown saw some strength in the rand on dollar weakness. Should the closing of many non-essential state services in the US stretch to a week ...