South Africa’s latest 25-basis-point rate increase is expected to test affordability and slow activity, although property groups say demand remains resilient in parts of the market
A hawkish US Federal Reserve, widening South African current-account deficit and dependence on foreign capital could leave the rand vulnerable despite its attractive carry.
The Reserve Bank’s decision to hold the repo rate at 7% highlights the limits of monetary policy as South Africa faces imported inflation, weak growth and deep municipal…
The South African rand has shown unexpected strength, raising speculation about a potential reduction in the repo rate. This article explores the economic factors at play and…