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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.
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The march of digitalisation is unstoppable, but cash isn’t simply going to disappear, least of all here in South Africa.
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South Africa's economy is currently grappling with a series of mounting economic and social challenges.
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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.
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We must get to the bottom of what happened with the Russian cargo ship, Lady R.
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The red lights are also now flashing even more strongly for SA’s growth outlook.
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The decision by the Monetary Policy Committee of the SA Reserve Bank (SARB) to raise the repo rate should not have come as a major surprise.
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Despite global fractures and growing economic risks, fears about deglobalisation are exaggerated and based on the wrong mischaracterisation of what is at play.
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The collapse of Silicon Valley Bank and Signature Bank raises fears that rising interest rates will destabilise the economy.
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Risky investments and a lack of regulatory oversight contributed to the failure of Silicon Valley Bank.
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