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Rising private sector credit shocks as it breaks downward trend

The 4.6% year-on-year increase in September is up from the previous month, but shocked market expectations of a 3.5% drop

Thuletho zwaneSa reserve bankComment policyPrivate sector creditFinancial stressDebt defaultsHigher borrowing costsTransport bottlenecksConsumer spendingJob creationWeak labour market conditionsDisposable incomeDebt services costsBorrowing costsJohannes khosaZwanet businesslive co za

MPC keeps repo rate at 8 25% but warns of myriad risks to outlook

The SA Reserve Bank has kept the repo rate unchanged for a second meeting running, but retained a cautious tone in its statement as renewed risks to inflation from recent rand weakness and increased global fuel and food prices remain a concern.

Lesetja kganyagoSa reserve bankReserve bankRepo rateJerome powellZwanet businesslive co zaReaking newsSunday timesHe timesUsiness timesShisa live

Cost of living is hurting economy, says Kganyago in defence of rate hike

Hike of 75 bps takes rate back to pre-Covid level

Thuletho zwaneSa reserve bankSunday timesComment policyPay increasesRepo rateReserve bank hikesUs federal reserveZwanet businesslive co zaUsiness live

Reserve Bank lifts rates 75 bps while also revising global growth forecasts down

Economists say the weak rand and acceleration in negotiated pay rises are of concern to the MPC

Thuletho zwaneSa reserve bankReserve bankSunday timesComment policyPay increasesRepo rateReserve bank hikesUs federal reserveZwanet businesslive co zaReaking newsSunday timesHe timesUsiness timesShisa live

Enoch Godongwana says he will step aside if charged

The finance minister says the ANC policy is ‘I must step aside’ if the NPA goes ahead

Thuletho zwaneEnoch godongwanaHajra omarjeeBusiness dayComment policyFinance ministerSelvy mohlalaNational prosecuting authorityConsulting engineers sa infrastructure indabaKruger national parkZwanet businesslive co zaMailto zwanet businesslive co zaEastern capeIspatch live in eastern capeEast london

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