Why do we consistently fare the worst?

The latest MPC statement was again surprise-free, the committee having, for the sixth time over the past year, kept interest rates unchanged.

As widely expected, the MPC decided to yet again leave interest rates unchanged.

The good news is that South Africa has, after all, narrowly avoided a ‘technical recession’.

As expected, the MPC unanimously decided at a fourth consecutive meeting (and its first meeting of 2024) to again keep interest rates unchanged and thus higher for longer.

The simple fact is that business, particularly global business, makes the world go around.

The decline in 3Q GDP growth to -0.2% from 0.5% in 2Q 2023 was worse than expected.

While we commemorate the International Day of the Eradication of Poverty, it's crucial to not only recognise this enduring challenge but also to explore innovative solutions. Financial inclusion stands out as a pivotal instrument.

South Africa's economy is currently grappling with a series of mounting economic and social challenges.

The good news is that GDP growth of 0.4% in 1Q 2023, following on the revised -1.1% growth in 4Q 2022, has enabled the SA economy to avoid a technical recession.