FX Wake Up Call 25 Apr ’25
South African Finance Minister Enoch Godongwana rejected calls to resign after reversing a proposed value-added tax (VAT) increase from 15% […]
Cancellation of VAT hike: Budget must be redrawn
Why does this matter to me? National Treasury’s decision to reverse the VAT hike raises key questions about the 2025/26
PPI – Mar ’25
Why does it matter? The slip back in both final and intermediate goods PPI is somewhat surprising, but nevertheless welcome.
The Bottom Line : Apr ’25
Why does this matter to me? The welcome recovery in South Africa’s short-term business conditions is showing more convincing signs
FX Wake Up Call 24 Apr ’25
The big news this morning is that National Treasury plans to scrap the proposed VAT hike that threatened to rupture
Downward revisions in IMF growth forecasts
Why does this matter to me? The IMF has sharply lowered global GDP forecasts due to the Trump Administration’s tariff
CPI – Mar ’25
Why does it matter March’s lower-than-expected inflation print remains a welcome outcome for financially constrained consumers. As inflation falls past
FX Wake Up Call 23 Apr ’25
Yesterday, the growth projections in the IMF’s World Economic Outlook report attracted some attention. Following the initial US tariff announcements,
Financial Markets : 22 Apr ’25
In this week’s report ZAR Insight – ZAR takes advantage of a weaker USD to extend its recovery vs the
Leading Indicator – Feb ’25
Why does it matter According to February’s print, the leading indicator continues to support the theme of an improving domestic