fbpx

Month: Apr 2019

Electioneering in Full Swing

Electioneering in Full Swing Commentary: 29 April 2019 US President Donald Trump has scrapped the waivers on the purchase of Iranian crude, sending oil to a near six-month high last week. Eight of the ten countries to whom the six-month exemption had been granted expected waivers to be renewed. Instead Washington took a hard line …

Electioneering in Full Swing Read More »

Indicators to Reflect the Weak Economy

Indicators to Reflect the Weak Economy Local trade figures, activity in the manufacturing sector, credit and vehicle sales updates will be released 28 April 2019: Local trade figures, activity in the manufacturing sector, credit and vehicle sales updates this week are expected to reflect SA’s subdued economic activity. On Tuesday, the SA Revenue Service will …

Indicators to Reflect the Weak Economy Read More »

Reserve Bank Will Likely Keep Interest Rates Steady at Next MPC Meeting

  Reserve Bank Will Likely Keep Interest Rates Steady at Next MPC Meeting 24 April 2019: Interest rates are likely to remain unchanged at next month’s meeting of the Monetary Policy Committee of the SA Reserve Bank, according to Sanisha Packirisamy, an economist at Momentum Investments. The MPC will start its three-day meeting on May …

Reserve Bank Will Likely Keep Interest Rates Steady at Next MPC Meeting Read More »

Brexit Deadline Extension Positive for South Africa

Brexit Deadline Extension Positive for South Africa 12 April 2019: The extension of the Brexit deadline to October 31 and avoiding a “no deal” Brexit outcome this week will give South Africa space to maintain continuity and predictability in its important trade relations with the UK and the European Union (EU), says North West University (NWU) Business School economist …

Brexit Deadline Extension Positive for South Africa Read More »