Monthly Rates Dashboard – May 2025
Inflation: Headline CPI rose marginally in April, to +2.8% y/y from +2.7% y/y in March, [...]
ZAR sentiment bolstered on GNU and inflation expectations
Key points What started as a consolidative week for the ZAR ahead of this week’s [...]
Monthly Rates Dashboard – Apr 2025
Inflation: February’s headline CPI remained steady at 3.2% y/y, defying expectations of a slight increase. [...]
Monthly Rates Dashboard – Mar 2025
Inflation: Headline CPI ticked up to 3.2% y/y in January, from 3.0% y/y in December [...]
GNU stress has impacted heavily on sentiment
Key points The formation of the GNU significantly improved sentiment in South Africa, as evidenced [...]
Gold not what it was, but still helps ZAR
Key points: SA might still be classified as a commodity economy, but commodities, specifically gold, [...]
Monthly Rates Dashboard – Feb 2025
Repo rate: The SARB cut interest rates by 25bp, bringing the repo rate down to [...]
What could spark a US recession?
What could spark a US recession, and how would South Africa cope in a global [...]
2025 Budget First Take
Key points After a failed first attempt at presenting the 2025/26 budget, the revisions tabled [...]