Bureau for Economic ResearchIn the news
South Africa’s inflation rate fell sharply to 4.3% in July, but rising oil prices and higher fuel costs could push inflation higher again in the months ahead.
INFLATION

South Africa inflation outlook in focus as oil prices put pressure on September rate decision

South Africa’s inflation eased to 4.3% in July, but higher oil and fuel prices could slow further progress ahead of the Reserve Bank’s September interest-rate decision.

  • Ashley Lechman
4 min read
Following President Cyril Ramaphosa's announcement that Phase Three of the Government-Business Partnership will have a strong focus on tourism as an economic driver, there has been positive reaction from Minister of Tourism Patricia de Lille and the Federated Hospitality Association of Southern Africa (FEDHASA) on Friday.
TOURISM

Tourism takes centre stage in government-business growth push

Government and business target tourism to drive investment, jobs and growth.

  • Yogashen Pillay
4 min read