News in South Africa 7th August: 1. Government credibility scares off investors: The government’s lack of credibility due to its poor economic policy, unsustainable debt burden, and policy uncertainty adds to the risk premium on South African assets, making investors fearful of investing in the country. Following the South African Reserve Bank’s (SARB) Annual General […]
News in South Africa 26th July: 1. The ‘real’ value of the rand: The Economist has updated its Big Mac Index for mid-2022, showing how the rand continues to be one of the most undervalued currencies globally, relative to the US dollar. The Big Mac Index is an initiative created by The Economist that aims […]
News in South Africa 23rd July: 1. Covid-19 Third wave peak passed: Acting health minister Mmamoloko Kubayi says that indications point to South Africa having passed the peak of a third Covid-19 wave. Kubayi said in a media briefing on Friday morning (23 July), that while this is welcome news, there are still concerns that the […]
