South Africa greylisted by FATF
All major local banking stocks down over 2% on the news.
Source: moneyweb.co.za
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Top News In Efficient Group Today - Breaking & Trending Today
Taxes, govt spending to take centre stage in Godongwana budget – economist
It is budget week and all eyes will be on Finance Minister Enoch Godongwana to see what relief, if any, he brings financially-stretched South Africans.
Source: ecr.co.za
Economists warn against celebrating CPI easing while food inflation remains high
In line with predictions, the January CPI reading was 6.9%, down from 7.2% in December and 7.4% in November.
Source: ewn.co.za
Economists warn consumers to brace for another repo rate hike
While the central bank's decision to increase the repo rate is believed to have had a taming effect on inflation, the headline inflation remains above the inflation band of between 3% and 6%.
Source: ewn.co.za
Rate-hiking cycle coming to an end, says economist
An economist believes the South African Reserve Bank's rate-hiking cycle is coming to an end.
Source: jacarandafm.com