Tag Archive

Interest rates, electricity, markets

Dawie Roodt, chief economist at the Efficient Group previews the SARB monetary policy committee’s decision on local rates. Will they (she) or won’t they (she), cut. And what of Eskom and the tariff? Dawie is in conversation with Lindsay… »

SARB

The SARB needs to do many things, and one is to employ a writer who knows plain English. Chris Hart sifts through the verbal spew that was released today and does an admirable job at interpretation. Chris always sounds a dire warning. Have a… »

Interest Rates

The SARB’s Monetary Policy Committee has left the repo rate unchanged at 7%. The unions are cross, and so are legions of indebted South Africans. Was it the right decision? Does it leave the door open for a glorious entrance by the new Governor of the central bank? We chat on Econocast to a top… »

RAND

Steady as a rock, boosted by the SARB quarterly bulletin and the MTN/Bharti deal, the local currency has a look at highs for the year. Can it carry on, is it the carry trade? A top local strategist… »

The Kindest Cut Of All

5 top economists, 5 different institutions, and 5 different interpretations. Listen to the views on the so-called ‘unexpected’ cut in South African interest… »

Broker

Garth McKenzie, Imara S.P. Reid, looks at a grindingly lower day on the local exchange. Expect more of the same as the world waits for the Fed and we wait for… »

Daily currency update

WHAT TO WATCH TODAY - TODAY’S EXPECTED RANGES - MTN DEAL CAN CHANGE THE ZAR OUTLOOK - THE… »

Daily Insight with John Cairns

Daily Insight.
John Cairns
Financial Markets Research: Currency
Fixed Income, Currency and Commodities (FICC)
Rand Merchant Bank, a division of FirstRand Bank… »

GDP Figures Will Confirm Recession

First quarter national accounts next week are expected to confirm South Africa’s first recession in 17 years.

High-frequency indicators suggest the pace of decline accelerated.

For 2009, South Africa looks set to contract by around 1%.

We expect the shrinking economy and cooling inflation to prompt the SARB to cut interest rates by another full… »