The Bottom Line : May ’25
Why does this matter to me? The recent recovery in South Africa’s short-term business conditions is showing more convincing signs […]
Leading Indicator – Mar ’25
Why does it matter While an improved leading indicator reading and twelve consecutive months of year-on-year growth are welcome, it
Financial Markets : 26 May ’25
In this week’s report ZAR Insight – Weaker USD helps the ZAR extend its gains Fixed Income & Capital Markets
Analysis of Budget 3.0
Why does this matter to me? The 2025/26 Budget includes a modest rise in public debt, driven by lower GDP
Budget 3.0 and SA-US relations the focus
Why does this matter to me? The past week saw some risk-off trade returning, mainly because of renewed threats by
Recap & Outlook : 26 May ’25
Quick data recap Positively, domestic inflation remains very low (+2.8% y/y in April vs +2.7% y/y in March), supported by
Currency Weekly : 23 May ’25
Key points: • SA’s financial markets remained stable this week, with the rand and bonds showing little reaction to the
FX Wake Up Call 23 May ’25
In providing feedback from his recent visit to the White House, President Ramaphosa said that he and President Trump had
FX Wake Up Call 22 May ’25
The budget put forward by Finance Minister Godongwana’s yesterday will likely be approved by Parliament following previous failures. It focused