Current Account – Q3 ’24
Current account deficit narrows in Q3
FX Wake Up Call 4 Dec ’24
South Africa is at risk of underperforming its 2024 economic growth forecasts after a 0.3% q/q GDP contraction in Q3,
Viewpoint : Slump in GDP mainly due to agriculture
The main contributor to the unexpectedly steep downturn was agricultural GDP, which fell by -28.8% in Q3, compared with -4.8%
FX Wake Up Call 3 Dec ’24
The local data card will be headlined by Q3 GDP data today. Recall that amid the political uncertainty preceding the
Total Vehicle Sales – Nov ’24
South African vehicle sales grew by an impressive +8.1% y/y in November, compared to +5.5% y/y in October. November’s reading
Financial Markets : 2 Dec ’24
Any ZAR weakness generated by Donald Trump’s tweet over the weekend should be reconsidered. A BRICs+ currency does not exist.
PMI – Nov ’24
The Absa Purchasing Managers’ Index reversed its recent progress, slipping back into contractionary territory (i.e., below 50) at 48.1 points
Viewpoint : Trump tariff threats & SA Q3 GDP focus
The past week began on an encouraging note on global financial markets following the weekend announcement of the appointment of