News in South Africa 28th February: 1. Great news for braai lovers: The Bureau for Food and Agricultural Policy (BFAP) latest food inflation brief points to an easing of meat prices in South Africa across the board – even for chicken pieces, following a heavy-hitting avian flu crisis at the end of 2023. The group […]
News in South Africa 20th February: 1. Rand weakens: The rand has weakened with the market worried about South Africa’s marked fiscal slippage. In the 2023 Medium-Term Budget Policy Statement (MBTPS), gross debt was projected to peak at 77.7% of GDP in 2025/26, far higher than February 2023’s Budget estimate of 73.6%. Investec Chief Economist […]
