UNISAIn the news
A sustained rise in Brent crude towards $120 ((R1944) a barrel could raise fuel prices, inflation and interest-rate pressure in South Africa, while economists differ on whether it would trigger a global recession.
BRENTCRUDE

Oil shock looms: $120-a-barrel forecast sparks stagflation fears for South Africa

Could a sustained rise in Brent crude towards $120 a barrel trigger a global recession?

  • Yogashen Pillay
5 min read
Cape Town harbour.
ECONOMIC CHALLENGES

South Africa’s economy is moving again. Now comes the test

PayInc’s July data points to a modest rebound, but a sharp diesel increase and worsening unemployment underline how fragile the improvement remains.

  • Yogashen Pillay
5 min read