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News
Will the Reserve Bank hold interest rates this week? The rand is making a strong case
20+ hour, 9+ min ago (707+ words) Image: Karen Sandison / Independent Media A resilient rand and easing oil prices have strengthened the case for the South African Reserve Bank (SARB) to leave interest rates unchanged on Thursday, although sticky core inflation and rising inflation expectations continue to…...
Middle East conflict puts July rate decision under pressure as inflation risks mount
1+ day, 15+ hour ago (672+ words) SA Reserve Bank (Sarb) Governor, Lesetja Kganyago. Escalating conflict in the Persian Gulf and rising oil prices have prompted economists to warn that the South African Reserve Bank may raise interest rates again later this week to contain inflationary risks....
Here's why the Reserve Bank could hold interest rates next week despite growing inflation risks
3+ day, 20+ hour ago (510+ words) Higher oil prices might not filter through to inflation as the South African Reserve Bank prepares to meet next week. Image: Graphic: Nicola Mawson The South African Reserve Bank (SARB) is expected to leave interest rates unchanged next week, but…...
Manufacturing production declines by more than expected in May 2026
1+ week, 4+ day ago (560+ words) Manufacturing production continued to decline further; this was according to Stats SA in their release for May on Thursday “The largest negative contributions were made by • food and beverages (-6,4% and contributing -1,6 percentage points); • basic iron and steel, non-ferrous metal products,…...
South Africa's economic activity slips in June
1+ week, 4+ day ago (625+ words) South Africa's economic activity indicated a drop in activity in June 2026; this was revealed according to the PayInc Economic Index on Wednesday. South Africa's economic activity fell in June 2026, according to the PayInc Economic Index released on Wednesday. PayInc said…...
South Africa's unemployment crisis: The need for urgent reforms
1+ week, 5+ day ago (775+ words) Without the necessary reforms, South Africa will not be able to reduce unemployment according to a new report by the Bureau for Economic Research. South Africa will not be able to reduce unemployment without further structural reforms such as relaxing…...
Liberty study reveals financial strain on mid-career South Africans
2+ week, 3+ day ago (876+ words) Economic strain and job fears fuel workplace disengagement in South Africa A new Liberty and UCT study reveals that South Africans aged 35 to 55 are increasingly anxious about retirement, job security and rising living costs despite being in their highest earning…...
South Africa's employment statistics show a decline in Q1 2026
2+ week, 6+ day ago (448+ words) Stats SA's release of Quarterly Employment Statistics March 2026 on Tuesday indicated that total employment decreased by 80 000, or -0.8%, quarter-on-quarter, from 10 548 000 in December 2025 to 10 468 000 in March 2026. Stats SA said that there are decreases in community services (-53 000), trade (-40 000), transport (-3 000), and electricity (-1 000). “There were…...
Stats SA reports 80,000 jobs were lost in first three months of 2026
2+ week, 6+ day ago (595+ words) Stats SA's release of Quarterly Employment Statistics for March 2026 on Tuesday indicated that total employment decreased by 80 000, or -0.8%, quarter-on-quarter, from 10 548 000 in December 2025 to 10 468 000 in March 2026. South Africa's jobs crisis worsened in the first three months of this year after employment…...
FNB/BER Civil Confidence Index remains steady as order books lift
3+ week, 3+ day ago (476+ words) The FNB/BER Civil Confidence Index held steady in the second quarter of 2026 after falling 9 index points to 43 in the first three months. However, more than 55% of respondents were dissatisfied with prevailing business conditions, and growth in construction works slowed…...