SARB has no option but to stay conservative

The SARB left rates unchanged for the fifth consecutive meeting and sounded decidedly hawkish in [...]

SARB hawkish hold further pushes out prospective cuts

As expected, the MPC left interest rates unchanged for the fifth such meeting in a [...]

SONA unlikely to elicit much market reaction

Africa is littered with examples of liberation movements that came to power with a specific [...]

SARB MPC Review – January 2024

Bottom Line The SARB kept rates on hold with the vote unanimous in favour of [...]

Reset needed as gov eyes unsustainable sources of income

Key points The government is eyeing funds in the Reserve Bank’s Gold and Foreign Exchange [...]

SARB MPC Review – November 2023

Bottom Line The SARB kept rates on hold with the vote unanimous in favour of [...]

Better than expected budget deficit, but trajectory still worrying

Key points The key takeaway from the 2023 Medium-Term Budget Policy Statement (MTBPS) is that [...]

July MPC meeting: SARB leaves rates on hold in 3-2 split

BOTTOM LINE In line with ETM’s expectation, the SARB MPC voted in favour of leaving [...]

SARB MPC Preview: ZAR weakness will prompt the SARB to deliver another bold rate hike

Bottom line: As a result of inflationary pressures, the standard expectation until recently had been [...]