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Credit tumbles, trade deficit soars
Not since England won the World Cup (football that is) has South African credit extension registered a negative print. But on Monday the SARB revealed that in October credit extension to the private sector FELL 0.4% year on year. What are the implications? And what about the trade deficit? A massive R6.71 billion deficit was… »
Treasury Calls The Bottom (go to today’s Poser, and let us know if you agree)
The National Treasury said on Tuesday that while the GDP figures released this morning confirm that South Africa, along with much of the global economy, is in a recession its first since 1992 - the economy is expected to improve in the final two quarters of this… »
Daily currency update
WHAT TO WATCH TODAY - TODAY’S EXPECTED RANGES - MTN DEAL CAN CHANGE THE ZAR OUTLOOK - THE… »
Editor’s Choice from Liston Meintjes
If you believe in the China and India success stories, put your money on a new scramble for Africa, mining experts say. Eskom Signs $729 Million 12-Year Loan Agreement With Seven European Banks, DTI unveils plan to help textile industry and… »
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