News in South Africa 18th November: 1. Fourth Covid wave inevitable: South Africa, which has the most confirmed coronavirus cases on the continent, will likely be hit by a fourth wave of infections but its impact probably won’t be as severe as during earlier surges, new modelling prepared for the government shows. Sero-prevalence surveys and […]
News in South Africa 26th March: 1. SAA grounded despite bailouts: SAA’s business rescue process is almost at an end, but despite billions in money forked over by government in bailouts, there is still no real plan to get the restructured airline off the ground. Business rescue practitioners Siviwe Dongwana and Les Matuson notified the […]
News in South Africa 25th March: 1. Repo rate decision today: The Reserve Bank is expected to make a rates announcement today, with expectations that rates will be held at current levels of 3.5%. Yesterday, CPI inflation for February came in at 2.9% – below the bank’s target zone, and the lowest rate since June […]
News in South Africa 22nd January: 1. Repo rate unchanged at 3.5%: The Reserve Bank has decided to keep rates unchanged at 3.5%, in line with the expectations of economists. Governor Lesetja Kganyago made the announcement on Thursday afternoon, following the bank’s Monetary Policy Committee’s (MPC) first meeting for the year this week. Two of […]
