All signs point to SA entering a technical recession in the first quarter – ahead of the US, where economic fortunes have turned around the prospects of a recession in the first half of this year and in contrast to South Africa’s fall from grace in the last few weeks.
All signs point to SA entering a technical recession in the first quarter – ahead of the US, where economic fortunes have turned around the prospects of a recession in the first half of this year and in contrast to South Africa’s fall from grace in the last few weeks.
This week MoneywebNOW looked at local hedge funds, a criticism of Sarb’s ‘singular focus on interest rates, the fallout from supply chain disruptions, Black Friday trends, and gap capital for student accommodation.
Another interest rate hike may be on the way this week - here is what the experts have to say iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
The Reserve Bank's monetary policy committee (MPC) meets on Thursday and is expected to continue its current interest rates increase trajectory in a bid to contain inflation within the 3%-6% target.