KPMGIn the news
SARB Governor Lesetja Kganyago. File picture: Simphiwe Mbokazi
INTEREST RATE

Brace yourself, South Africa: a rate hike could be on the cards this week

Economists unpack the forces that could shape the Reserve Bank’s interest rate decision.

  • Ashley Lechman
6 min read
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
Statistics South Africa reported a decrease in Consumer Price Inflation for July, yet consumers continue to face rising costs, particularly in fuel and essential goods.
INFLATION

Despite CPI decline, South Africans brace for higher fuel prices

Statistics South Africa reported a decrease in Consumer Price Inflation for July, yet consumers continue to face rising costs, particularly in fuel and essential goods.

  • Ashley Lechman
5 min read